BRICS

BRICS 2026: Modi pushes CBDC payment link at summit

The BRICS 2026 summit in New Delhi will spotlight a CBDC payment bridge to settle trade in local currencies.The Reserve Bank of India (RBI)...

BRICS expands to 10 members, challenges US dollar dominance by 2050

The BRICS bloc, now expanded to 10 members, is positioning itself as a counterweight to Western financial dominance.Chief Economist Simon French warns the West...

BRICS Shun US Dollar for $214B Yuan Trade Amid Sanctions

BRICS nations Russia and Iran settled $214 billion in trade using the Chinese yuan in March.Geopolitical conflict in the Middle East is accelerating the...

BRICS Gold Rush Continues as China’s Reserves Grow for 17 Months

China has expanded its official Gold holdings for 17 consecutive months, reaching 2,313 tons as part of a global de-dollarization trend.The BRICS+ bloc now...

India Bypasses US Dollar, Uses BRICS Currencies For Russian Oil

India is using local currencies like the rupee, yuan, dirham, and ruble to pay for Russian oil, sidelining the US dollar.This shift supports the...

Iran Pressures BRICS to Mediate in US-Israel Conflict, Strains India

Iran has urged BRICS to take an "independent role" in mediating the Iran-US-Israel conflict, directly challenging the bloc's credibility.A prolonged conflict threatens global energy...

CBO: U.S. Debt to Hit $64 Trillion by 2036 Amid BRICS Exit

The Congressional Budget Office predicts US national debt will hit $64 trillion by 2036, adding $26 trillion.Cumulative deficits will reach $24 trillion over the...

War Costs Fuel BRICS Unit Threat to Dollar Dominance

The daily cost of the US-Iran conflict, estimated between $800 million and $2 billion, is straining the US deficit and fueling bond market concerns.BRICS...

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IBM Revenue Beats on Mainframe Recovery, Ups Cash View

IBM reported third-quarter revenue of $17.1 billion, surpassing analyst expectations of $16.83 billionThe company recovered roughly two-thirds of delayed...

Crypto PAC Defend American Jobs spends $24M in Ohio

Crypto-backed Super PAC Fairshake transferred over $24 million to its affiliate Defend American Jobs in September.Defend American Jobs spent...

Tether invests in Bolivian fintech Peso for USDT expansion

Tether led a pre-seed investment in Bolivian fintech Peso to expand USDT payment infrastructure across Latin AmericaPeso has integrated...