[today 6:30 AM] The integration of generative artificial intelligence (AI) is forecasted to significantly boost the economies of BRICS+ countries, potentially generating up to $600 billion by 2030, as per Yakov and Partners’ analysis. The consulting firm’s…
[Jan 8 7:30 AM] BRICS has expanded its influence with Indonesia’s entry, marking the bloc’s growing dominance in emerging markets and securing its first full membership from Southeast Asia. Indonesia Joins BRICS: Southeast Asia’s First Seat at the Global Power…
[Jan 4 10:30 AM] BRICS will prioritize alternative payment systems in 2025, aiming to reduce reliance on the U.S. dollar and boost trade in local currencies under Brazil’s leadership. BRICS Prioritizes Alternative Payments in 2025 The development of alternative…
[Dec 27, 2024 12:30 PM] Russia has confirmed that Uganda will become a BRICS partner on Jan. 1, 2025, along with eight other countries: Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, and Uzbekistan. These nations will join the BRICS alliance as partner…
[Dec 27, 2024 4:30 AM] Russia says BRICS nations will surpass half of global economic output in 10-15 years, signaling a shift in power that could challenge Western dominance. BRICS Economic Rise Signals Global Power Shift—Is Dominance Inevitable? The BRICS nations are…
[Dec 25, 2024 2:30 AM] BRICS will expand in 2025 with nine new partner states, signaling surging global alignment with the bloc as more nations race to secure ties. BRICS Expands With New Partner States in 2025 Several countries are set to gain BRICS partner status…
[Dec 24, 2024 4:30 AM] BRICS is drawing interest from more than 20 nations eager to establish stronger ties, Russian Presidential Aide Yury Ushakov revealed. “The doors of the association remain open to like-minded countries. At the moment, over two dozen more…
[Dec 24, 2024 2:30 AM] The UAE’s growing economic influence and deeper global ties are driven by its BRICS membership, strengthening connections with China and India and boosting international collaboration. UAE’s Economy Gains Momentum Through BRICS Alliance…
[Dec 23, 2024 12:54 AM] VanEck has said a US Bitcoin reserve could majorly slash the national debt if the cryptocurrency grows to $42.3 million a coin by 2049.
[Dec 22, 2024 4:30 AM] A gold-backed digital currency from BRICS could reshape global trade by lowering transaction costs and reducing exchange rate volatility, challenging the U.S. dollar’s dominance. Brics Gold-Backed Digital Currency Could Shift Global Trade Dynamics…
[Dec 21, 2024 3:30 AM] BRICS is gaining global traction, with plans for major 2025 meetings under Brazil’s leadership and a vision to rival G20 prominence while championing collaboration. BRICS Rising: Is It Set to Eclipse the G20 in 2025? Brazilian Foreign Minister…
[Dec 19, 2024 4:30 AM] Russia criticized U.S. threat diplomacy as BRICS advances efforts to reduce reliance on the dollar, citing flawed U.S. policies and escalating global economic tensions. Russia Calls Out US ‘Threat Diplomacy’ Amid Dollar Power Struggle…
[Dec 19, 2024 3:30 AM] A top Russian official has declared plans for a BRICS payment system “not hypothetical,” signaling a shift toward reducing reliance on the dollar through alternative financial mechanisms. A New Era? Russia Claims Feasibility of BRICS Payment…
[Dec 10, 2024 3:30 AM] BRICS nations brace for a global economic standoff as U.S. tariff threats spark concerns about trade retaliation and geopolitical tensions, reshaping international alliances. BRICS Retaliation Inevitable: Expert Predicts Clash Over US Tariffs BRICS…
[Dec 6, 2024 11:30 AM] Jim Rickards, an economist and best-selling author, has referred to the effects that the announced Trump tariff threat might have on the BRICS bloc. He explained that while the organization is not planning to issue a common currency, it already has…
[Dec 5, 2024 11:30 AM] Russian President Vladimir Putin has referred to digital currencies as part of the settlement instruments for the planned BRICS investment platform. Putin stated that work on this platform had already begun, and that these digital assets might have…
[Dec 4, 2024 2:30 AM] China has strongly defended the BRICS coalition against the U.S. President-elect Donald Trump’s tariff threats, emphasizing its principles of openness and inclusiveness. Responding diplomatically, Chinese Foreign Ministry spokesperson Lin Jian…
[Dec 4, 2024 1:30 AM] Donald Trump’s threats of 100% tariffs on BRICS imports could double U.S. prices for essentials and accelerate a global shift away from the dollar, an economist warns. Trump’s BRICS Tariffs: Economist Predicts a Backlash Against the US Dollar…
[Dec 3, 2024 6:30 AM] Duvvuri Subbarao, former Governor of the Reserve Bank of India, cast doubt on Donald Trump’s proposal to impose 100% tariffs on BRICS nations if they abandon the dollar, calling it legally and practically uncertain. He questioned whether U.S…
[Dec 3, 2024 3:45 AM] Brazilian officials dismissed U.S. President-elect Donald Trump’s proposed 100% tariffs on BRICS countries as unlikely, characterizing them as rhetoric rather than actionable policies. The Brazilian foreign ministry referenced Trump’s prior…
[Dec 3, 2024 1:45 AM] Wharton’s Jeremy Siegel called Trump’s 100% BRICS tariffs ironic, noting bitcoin—which Trump backs—is a bigger threat to the dollar as a global reserve. Wharton Professor: Trump’s Bitcoin Advocacy Contradicts…
[Dec 1, 2024 12:30 PM] President-Elect Trump has threatened countries of the BRICS bloc leaving the dollar standard with 100% tariffs, applying the same playbook implemented against China, Mexico, and Canada. Trump remarked the U.S. would not stand and watch the bloc…
[Dec 1, 2024 5:30 AM] BRICS expansion is progressing without setbacks, as no invited countries have declined partnership offers, with the finalized list expected before year-end, Russian officials confirm. BRICS Expansion Gains Momentum: No Declined Invitations Russia…
[Dec 1, 2024 12:30 AM] U.S. President-elect Donald Trump’s 100% tariff threat against BRICS nations over a shared currency highlights rising tensions, potentially elevating bitcoin’s role as a global financial hedge. Trump’s BRICS Tariff Threat Could Strengthen Bitcoin’
[Nov 30, 2024 12:50 AM] Sergey Ryabkov, deputy foreign minister of Russia and BRICS Sherpa, reinforced that the BRICS bloc had reached a point of no return in the process of adopting a native and independent payments system. Ryabkov stated that the plans had already been…
[Nov 16, 2024 2:30 AM] Trump’s foreign policy will target BRICS as its main adversary, aiming to disrupt the coalition and counter the influence of China and Russia, an analyst predicts. Analyst Sees the Battlefields of Trump’s Vision to Reshape Global Power At a…
[Nov 13, 2024 9:30 AM] Deutsche Bank, one of the largest banking institutions in Europe and the world, has recently linked BRICS to a significant percentage of cross-border transactions. The bank states that the bloc has been driven to cryptocurrency due to geopolitical…
[Nov 11, 2024 12:30 AM] A proposed BRICS digital asset platform could ignite unprecedented investment in South Asia, Africa, and Latin America, driving growth in emerging markets. Digital Assets at the Core of BRICS’ Ambitious New Investment Platform Russian President…
[Nov 10, 2024 2:34 PM] Trump declared 47th US president, JPMorgan CEO claims World War III has begun, Global Dollar Network launches, and more in this Week in Review. Week in Review Donald Trump has been declared the 47th U.S. president. JPMorgan CEO Jamie Dimon warns…
[Nov 10, 2024 4:30 AM] As BRICS expands its influence, Trump’s 2025 return to the White House is unlikely to disrupt the bloc’s economic momentum, with leaders focused on deepening global partnerships. BRICS Powers Strengthen Resolve Amid Speculation on Trump’s 2025…
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