Russian Foreign Minister Sergey Lavrov has backed former U.S. President Donald Trump’s remarks about the negative effects of U.S. sanctions on the dollar and the
Read more
BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments
The BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member nations has already
Read more
Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles
Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of
Read more
BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official
BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These
Read more
BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals
Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s
Read more
UAE to Boost Global South Growth Through BRICS Membership
The United Arab Emirates (UAE) is committed to supporting the economic development of the Global South through its membership in the BRICS group, according to
Read more