BRICS

BRICS Bank Funds $39B Projects, Aims to End US Financial Hegemony

The New Development Bank has approved over $39 billion for 120 infrastructure projects in developing countries.Currently, about 20 projects are active and have received...

Putin in India: BRICS Settle 90% Deals in Local Currencies

Vladimir Putin is visiting India to hold talks with Prime Minister Narendra Modi.About 90% of trade between Russia and India is settled in their...

BRICS Expands Gold Pact to 33 Nations, Boosts Dollar-Free Trade

The BRICS Gold pact now includes 33 countries aiming to trade precious metals independently of Western platforms.Russia is leading efforts to establish a BRICS...

BRICS Launches Gold-Backed UNIT Payment System to Ditch Dollar

The BRICS coalition has launched the Gold-backed UNIT payment system to promote cross-border trade without relying on the US dollar.UNIT's value is reportedly composed...

Putin: No Rush for BRICS Currency; Cites Eurozone Woes

Vladimir Putin stated that the BRICS group is not rushing to create a common currency.He referenced the Eurozone’s challenges as a caution against hastily...

BRICS 2026 Summit: China Pushes Yuan as Emerging Market Currency

The 17th BRICS summit in Rio de Janeiro did not result in launching a new currency or mention de-dollarization.Only China and Russia remain committed...

Indonesia Commits $1B to BRICS Bank Boosting De-Dollarization Efforts

Indonesia has committed $1 billion to the New Development Bank as a new BRICS member.The funding supports sustainable projects and reinforces global South financial...

BRICS Members Favor US Dollar, Stall New Payment System Push

Several BRICS members continue to prefer using the US dollar for trade settlements.Russia expresses disappointment at the reluctance to adopt a new BRICS payment...

Latest news

Analyst: Bitcoin Price to Target $90K or Drop to $68K

Bitcoin's recent rally past $78,000 has revitalized market sentiment following a prolonged period of stagnation.Analyst Ash Crypto outlines two...

Kelp DAO Hack Spurs $15 Billion DeFi Capital Flight

A recent $293 million hack on Kelp DAO highlights ongoing security vulnerabilities, particularly in cross-chain bridges that underpin the...

Candidates Banned for Betting on Own Elections

Kalshi has fined and banned three US political candidates, including a sitting state senator, for betting on their own...