Russia’s attempt to convince other countries in BRICS to ditch the dollar in favor of building their own settlement system is ...

Trump thinks that a common BRICS currency will weaken the dollar. The dollar's decline is not due to BRICS. Changes in the ...

The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about establishing a new reserve currency backed by a basket of their respective ...

Therefore, one of the topics is establishing a cross-border settlement system within BRICS. This is a rather tenuous issue, as not everyone is ready to participate. Many are satisfied with settlements ...

For decades, the U.S. dollar has ruled the world. Whether a Brazilian farmer sells soybeans to China or an Indian company buys oil from the Middle East, chances are the transaction runs through ...

In recent years, the BRICS block—which comprises Brazil, India, Russia, China, Southern Africa, Egypt, Ethiopia, the United Arab Emirates, Indonesia, and Iran—has positioned itself as a counterweight ...

The term “de-dollarisation” is often used loosely, but the core aim is clear: reduce exposure to a single foreign currency, ...

The U.S. dollar has long been the bedrock of global trade, investment, and reserve strategy, but cracks are starting to show.

Kashif Hasan Khan noted that BRICS countries were already experimenting with a range of mechanisms to reduce US dollar reliance HONG KONG, October 8. /TASS/. The BRICS countries' efforts to create ...

WASHINGTON, July 30. /TASS/. US President Donald Trump said he believes BRICS seeks to counter the US and wants to dent the status of the dollar as the world's reserve currency. "They have BRICS, ...

But despite their shared interests, BRICS as a grouping is not ready to seize the moment. Its members—which now include Egypt, Ethiopia, Iran, Indonesia, and the United Arab Emirates—are too divided ...

Get fearless, uncompromising truth in your inbox. Subscribe to The Real News. Sign up At 11:26PM, Sunday night, July 6, I received a text from my producers. I was in Rio de Janeiro, covering the BRICS ...