A Trace Finance analyst has suggested that the BRICS nations could launch a single digital currency issued and regulated by the New Development Bank, also
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BRICS Expansion Will Speed Up De-Dollarization, Chinese Expert Says
As more countries join the BRICS economic bloc, there will be a significant increase in settlements using national currencies, leading to an acceleration in the
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Economist Lord Jim O’Neill Calls BRICS Currency Idea ‘Ridiculous’ — Says China and India Never Agree on Anything
Lord Jim O’Neill, the British economist credited with coining the acronym BRIC, calls the creation of a common BRICS currency “ridiculous,” emphasizing that the BRICS
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Analyst Discusses US-BRICS Power Shift — Warns of Dollar Dominance Ending
A think tank analyst says the U.S. dollar’s dominance may be coming to an end as countries position themselves for a new international system. “As
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Brazil’s President Reaffirms De-Dollarization Call — Discusses BRICS Expansion
Brazil’s President Luiz Inacio Lula da Silva has reaffirmed his call to shift away from the U.S. dollar in global trade. He also revealed his
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Personal Finance Expert Says US Rating Downgrade Likely to Embolden BRICS Currency Supporters
The American rating agency Fitch’s recent downgrade of the United States’ credit rating from AAA to AA+ may embolden proponents of a BRICS currency, Riley
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