Russian Foreign Minister Sergey Lavrov has declared that the actions of the BRICS bloc, integrated by Brazil, Russia, India, China, and South Africa, are focused
Read moreBrazil’s President Says BRICS Not Seeking to Counter US, G7, or G20 — Pushes for BRICS Currency
Brazil’s President Luiz Inacio Lula da Silva has stated that the BRICS economic bloc does not want to be “a counterpoint to the G7, G20,
Read moreDutch ING Bank Analysts: BRICS Expansion to Power De-Dollarization Across World Economies
Analysts of ING bank believe the de-dollarization trend that has been growing in the world might pick up momentum due to the possible expansion of
Read moreBRICS Not Focusing on Creating Common Currency, Indian Official Says
A top Indian official has downplayed the creation of a shared BRICS currency. Emphasizing that “common currency discussions have several prerequisites before you can even
Read moreOver 40 Heads of State Will Attend BRICS Summit, South Africa Confirms
South Africa, the host of the BRICS summit this year, has confirmed that more than 40 heads of state will participate in the summit that
Read moreVolatility in Chinese Yuan, Russian Ruble Makes De-Dollarization Harder, Market Analyst Says
A market analyst says that the recent decline and volatility in the Chinese yuan, the Russian ruble, and to a lesser extent the Argentine peso,
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