The new president is just one of the challenges facing the bloc, which desperately wants to get out from under the West’s ...
Even if the BRICS cannot offer an alternative global reserve currency to the dollar, the group is still making major inroads ...
The Russian rouble weakened further against the U.S. dollar and China's yuan on Wednesday and is down by over 24% since early ...
The growing money supply could see Bitcoin price rise to over $132,000 during next year, according to one analyst.
Proof .999 fine silver $1 and Proof .9999 fine gold $100 coins from Niue celebrate cranes and highlight their meaning and ...
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to ...
Donald Trump’s vow to implement additional tariffs on China, Canada and Mexico signals the start of a wild ride in currency ...
These additions bring Southeast Asia into the core of BRICS' new strategy, aimed at creating ... their trade and reduce dependence on the U.S. dollar for cross-border transactions.
adding that this affected the dollar as the world's reserve currency and means of international settlements. "The work on the creation of new payment platforms, as I said, was launched in BRICS ...
The Russian chief diplomat said each new member strengthens the status of the economic bloc. Russia hosted the BRICS summit on October 23-24 in ... that has developed since World War II around the ...
Also Read: BRICS: 85% Trade Settled in Local Currencies, Not US Dollar The global investment bank JP Morgan also wrote that new payment systems that facilitate cross-border transactions are settling ...
Whether BRICS can meet overt and covert resistance to its efforts in bypassing and devaluing the importance of the US dollar remains to be seen. As for the optics, last week’s summit slammed the door ...