On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May
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BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Report
The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ summit,
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JP Morgan Pilots Blockchain-Based Dollar Settlement for Indian Banks
The proposed scheme, in the emerging GIFT City financial hub, will allow customers of Indian banks to make and receive instant US dollar… Continue reading
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BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion
BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power
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Russia talks up prospects of BRICS countries developing new currency
A top Russian official has reportedly claimed that the countries of the BRICS alliance — Brazil, Russia, India, China and South Africa — are working
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Developed markets lagging behind in digital payments: BlackRock CEO
In a letter to investors, BlackRock CEO Larry Fink highlighted the benefits of digital assets and said developing nations like the U.S. are lagging behind
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