The first BRICS sherpa meeting with 10 member states has kicked off in Russia with representatives from Brazil, Russia, India, China, South Africa, Saudi Arabia,
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US Senator Marco Rubio Warns BRICS Expansion Threatens Western Sanctions’ Effectiveness
Florida Senator Marco Rubio expressed his worries about the increasing influence of BRICS, the international group, in the world’s economic system. According to Rubio, if
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Economists Warn Direct Iran-Israel War Could Trigger Global Recession
Bloomberg’s economists have warned that a direct war between Iran and Israel could trigger a global recession. “Soaring oil prices and plunging risk assets would
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Iran Increases Efforts to Join BRICS, Strengthen Ties With Member Countries
Iran has ramped up its efforts to become a member of the BRICS group ahead of the economic bloc’s summit. The Iranian deputy foreign minister
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Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq
Iran’s government considers employing the Iraqi dinar in bilateral trade with Iraq in a bid to further curtail the dominance of the U.S. dollar. The
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BRICS Gold-Backed Currency Will Benefit Iran, Weaken US Dollar, Iranian Official Says
An Iranian official has stated that Iran stands to benefit from a gold-backed common BRICS currency. The official further asserted that such a BRICS currency
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