BRICS

BRICS countries are reducing reliance on the U.S. dollar through local‑currency trade settlements and alternative payment systems in 2026.Russia and China report roughly 90%...

BRICS' 11-member bloc is coordinating central-bank Gold purchases and gold-backed trade systems to boost control of global reserves to about 65–70% by 2026.BRICS central...

BRICS members are testing multiple measures to cut reliance on the US dollar in trade and reserves.The bloc is pursuing local-currency settlements, a Gold-backed...

The pilot BRICS Gold Unit launched on October 31, 2025, as a digital settlement instrument combining gold and member currencies.Each unit combines 40% physical...

India declined to join a BRICS naval exercise off Durban, South Africa, citing political concerns tied to tensions with China.The drill included vessels from...

Donald Trump signed a bill allowing heavy tariffs on countries that import Russian petroleum products.The measure, titled Sanctioning Russia Act of 2025, calls for...

India begins its BRICS presidency with a 2026 theme centered on financial cooperation, technology governance, and reduced reliance on the U.S. dollar.Members are moving...

BRICS members disagree on a common currency and have shown mixed political support.Technical and documentation gaps leave the pilot Unit unverified by major central...