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BRICS Erodes US and EU Hegemony as Nations Seek Sovereignty and Equal Cooperation

[Oct 15 6:30 AM] BRICS is undermining the hegemony of Washington and Brussels as nations increasingly seek equal dialogue and cooperation that prioritize their own interests, according to Russia’s State Duma speaker. He stressed that countries are moving away…

VC Founders Summit: The Largest Convergence of Investors and Founders Set to Take Place in Singapore

[Sep 15 5:00 PM] PRESS RELEASE. [Singapore, 2024] – The much-anticipated VC Founders Summit is set to take place on September 21st, bringing together venture capitalists, industry leaders, and innovators to shape the future of investment and entrepreneurship. As a…

VC Founders Summit Takes Over Singapore: Shaping the Future of Innovation

[Jul 8 11:00 AM] PRESS RELEASE. [Singapore, 2024] – Venture capitalists and industry leaders are gearing up for the much-anticipated VC Founders Summit on September 21st, promising to elevate discussions, foster collaboration, and chart the future course of…

All Nations Invited to Join BRICS Said ‘Yes’ to Membership: Russian Diplomat

[Aug 27, 2023 1:30 AM] The six countries that received an invitation to become members of BRICS at its summit have confirmed their decision to join the bloc, one of Russia’s top diplomats unveiled. The high-ranking official added that at this point in time it would be…

BRICS States Should Tackle AI Risks Together, Xi Jinping Says

[Aug 24, 2023 10:30 PM] BRICS nations should address the risks related to artificial intelligence (AI), Chinese President Xi Jinping said during the group’s summit in South Africa. China’s leader is also convinced that the members of the economic bloc must work to…

BRICS Countries Can Use India’s UPI Instant Payment System, Prime Minister Modi Suggests

[Aug 24, 2023 4:30 AM] Member states of the BRICS bloc can follow the example of other nations and start using India’s Unified Payments Interface (UPI) system, according to Prime Minister Narendra Modi. The country is a leader in digital transactions, the head of the…

BRICS Summit Looms: Expert Warns of ‘Dramatic’ Shifts, US Dollar’s Wane, and Wall Street’s Blind Spots

[Aug 17, 2023 10:30 PM] Market expert Peter Grandich is urging the masses to keep a close eye on the BRICS bloc of burgeoning countries, hinting that specific partnerships might usher in “dramatic” ramifications. In just five days, the much-awaited BRICS…

US Dollar to Remain Major Global Currency, South Africa’s BRICS Sherpa Says

[Aug 17, 2023 1:30 AM] BRICS plans to discuss trade in national currencies at its summit but de-dollarization is not on the agenda, South Africa’s BRICS Sherpa stated. The talks in Johannesburg next week will also focus on the expansion of the bloc of emerging economies…

BRICS Is No Joke, Bloc Could Become G7 Counterpart, Experts Say

[Aug 14, 2023 3:00 AM] The BRICS challenge to the world’s established economic order is not a joke, according to experts in the field of international relations. Now that the bloc, which unites leading emerging markets, accounts for over a quarter of the global gross…

BRICS Expansion to Make West Recognize New World Order, De-Dollarization: UAE Professor

[Aug 11, 2023 5:30 PM] The accession of new members will allow BRICS to push the West to accept changes in international relations, an expert from UAE has been quoted as stating. That’s valid in particular for cross-border trade and de-dollarization, said Mohamed El…

‘Nuances Exist’ Among BRICS Members Regarding Bloc’s Expansion, Kremlin Admits

[Aug 3, 2023 11:30 PM] The enlargement of BRICS will be “near the top of the agenda” at the organization’s summit in August, the Kremlin Spokesman Dmitry Peskov told media. While recognizing the importance of the topic, Peskov indicated that participants in the meeting…

China Faces Opposition to Rapid BRICS Expansion From India and Brazil, Report

[Jul 29, 2023 3:30 PM] BRICS member states India and Brazil stand in the way of China’s bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have reservations about Beijing’s plan to soon increase the organization’s…

‘Historic’ BRICS Summit to Be Held Without Putin in Person

[Jul 20, 2023 1:30 PM] Russian President Vladimir Putin will not travel to Johannesburg for the BRICS summit in August, according to the office of his South African counterpart. Moscow will send Foreign Minister Sergey Lavrov instead, the Kremlin confirmed, emphasizing…

BRICS Leaders to Talk Expansion at August Summit, Host Confirms

[Jul 19, 2023 1:30 AM] The leaders of the BRICS states will discuss the organization’s enlargement when they meet in South Africa, the country’s president indicated. The summit is set take place in August when over a dozen countries will hope to be given a path to…

India’s External Affairs Minister Shuns BRICS Currency Talks, Prioritizes Rupee’s Strength Instead

[Jul 11, 2023 8:00 AM] Members of the BRICS alliance are meeting at a summit in Johannesburg, South Africa, in August, focusing attention on the potential for the BRICS bloc to create a gold-backed reserve currency. However, Subrahmanyam Jaishankar, India’s…

Google Trends Data Reflects Rising Interest in BRICS Bloc and De-Dollarization Searches 

[Jul 10, 2023 8:00 AM] Set to take place in less than two months, the upcoming BRICS Summit in Johannesburg, scheduled for August 22 to 24, has captured global attention. Anticipation is mounting as ministers from the BRICS countries convene to explore potential avenues…

France’s Macron Hopes to Attend BRICS Summit in South Africa, Report

[Jun 15, 2023 11:30 PM] French President Emmanuel Macron wants to join the leaders of the BRICS nations when they meet in August, according to a press report. While his participation in the multipolar bloc’s summit is uncertain, Macron has already scheduled another summit…

BRICS Nations to Encourage Use of Local Currencies in Trade

[Jun 2, 2023 7:30 PM] Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign ministers revealed. The top diplomats, who met in South Africa, also emphasized the importance of financial inclusion, welcoming new…

FATF President Urges G7 to Lead in Shutting Down ‘Lawless Crypto Space’

[May 19, 2023 2:30 PM] It is necessary to put an “end to the lawless crypto space,” according to the head of the Financial Action Task Force (FATF). G7 nations must set an example in implementing global standards on combating money laundering, the executive insisted, as…

BRICS ‘Getting Applications to Join Every Day,’ Attracts 19 Requests Before Summit

[Apr 25, 2023 8:00 AM] Over two dozen nations have applied for BRICS membership ahead of its upcoming annual summit, the representative of the hosting nation revealed in an interview. The organization which unites leading emerging economies will discuss its enlargement…

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

[Jan 7, 2023 1:30 PM] During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar…