India takes over BRICS leadership in 2026. The group faces global shifts and differing views. BRICS+ has expanded, increasing its economic ...

President Donald Trump has issued a stern warning to the BRICS nations—Brazil, Russia, India, China, and South Africa—against efforts to re...

In a recent statement, former US President Donald Trump reiterated his warning to BRICS countries, threatening them with 100% tariffs if th...

Trump's pressure on countries to remain tied to a US-dollar-based financial system could backfire, with potential increased motivation for ...

The signs of De-dollarization are evident in the commodities space, where energy transactions are increasingly priced in non-USD currencies...

Russian President Putin states that a common BRICS currency is a long-term prospect while the bloc focuses on expanding the use of national...

Because of its outsized economic muscle, China would easily dominate BRICS, hence the common currency's fortunes. No matter the rhetoric ab...

Originally comprising Brazil, Russia, India, and China, BRICS was coined by Goldman Sachs in the 1990s to encourage investment in emerging ...

The greenback's share of official FX reserves fell to a 20-year low of 58% in the final quarter of 2022, and 47% when adjusted for exchange...

Brazil's President, Luiz Inacio Lula da Silva, has proposed the creation of a common currency for BRICS nations to reduce vulnerability to ...

During the 14th BRICS Summit in June, Russian President Vladimir Putin announced that Brazil, Russia, India, China, and South Africa plan t...

According to the Russian president, the member states are also developing reliable alternative mechanisms for international payments. Earli...

Brazil, Russia, India, China and South Africa have signed a pact to set up the $100 billion pool, with maximum $41 billion coming from Chin...

India's contribution of $18 bn to the Pool will be same as that of Brazil and Russia. China would put in the maximum of $41 bn and South Af...

Terming the proposed USD-100 billion currency reserve pool as a "financial firewall" for BRICS nations, Chinese analysts have said it would...

Brics should reinforce the G20 process, to achieve the goals reiterated at Sanya.

Brazil, Russia, India and China are considering buying each other’s bonds and swapping currencies to lessen dependence on the US dollar as ...