[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…
[Nov 7, 2024 2:30 AM] BRICS is expanding rapidly, strengthening ties as its growing membership boosts market capacity and cements its position as a major global economic force. Inside the Economic Surge of BRICS – A New Global Power Bloc Emerges The BRICS economic bloc…
[Nov 5, 2024 4:30 AM] The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency as BRICS nations pursue currency alternatives. The US Dollar’s New Fate…
[Nov 3, 2024 12:30 PM] Ripple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and more in this Week in Review. Week in Review Ripple’s CEO recently disclosed the closure of his 25-year-old bank…
[Nov 3, 2024 3:30 AM] BRICS granted 13 nations “partner” status, signaling ambitions for wider influence as nations aim to strengthen currency networks and reduce dependence on the U.S. dollar. An Uncharted Path: BRICS Welcomes Partner Countries in Strategic…
[Nov 2, 2024 11:00 AM] BRICS Pay seeks to lessen reliance on the US dollar, reducing sanctions risks and fostering a sovereign financial system for transactions.
[Oct 31, 2024 4:30 AM] Russia reveals that over 30 nations are pursuing deeper engagement with BRICS, aiming to finalize an expansion list by the year’s end amid unprecedented alliance growth. Russia Confirms Over 30 Countries Eye Deeper BRICS Alliance Russia plans to…
[Oct 30, 2024 9:30 AM] While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached the MVP stage, and members could choose to continue it without support from the BIS. BIS Considers…
[Oct 30, 2024 5:30 AM] Russian President Vladimir Putin has emphasized that “the time has come” for BRICS nations to create an economic platform to unlock their growing economies’ potential. A New Era Begins? Putin Says It’s Time for a BRICS…
[Oct 30, 2024 3:30 AM] Western sanctions on Russia have backfired, bolstering BRICS as nations seek alternatives to Western financial control, according to a former U.S. state senator. Former Senator: US Sanctions on Russia Empower BRICS as Financial Threat Former…
[Oct 29, 2024 7:30 AM] Why BRICS nations are moving away from the U.S. dollar system: a Russian official described a strategic shift attracting countries looking beyond Western-led systems. A New Era of Sovereignty: BRICS Shifts From Dollar Dependency for Independence…
[Oct 29, 2024 3:30 AM] The Shanghai Cooperation Organization (SCO) is advancing talks on a unified payment system to increase national currency use, aligning with BRICS efforts to counter Western economic dominance. A New Era? SCO’s Talks on Unified Payment System…
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