While the leaders of Brazil, Russia, India, China and South Africa tried to demonstrate unity at the 15th BRICS summit in Johannesburg, the group is not as tightly knit as this week's event and the lofty rhetoric employed afterwards would suggest.
Financial writer John Rubino warned two weeks ago that whatever came out of the BRICS (Brazil, Russia, India, China and South Africa) meeting this past week would be bad for the dollar.
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Willem Middelkoop, Founder and CIO of the Commodity Discovery Fund, who says the BRICS expansion is the next step in an economic war against the West and takes us a step close
BRICS is an association of five major countries including Brazil, Russia, India, China, and South Africa. Distinguished by their emerging economies, the group has sought to improve diplomatic coordination, reform global financial institutions, and ul
BRICS has invited six new members to join in the most dramatic expansion of the bloc since it was formed, South African President Cyril Ramaphosa announced Thursday at the conclusion of the three-day BRICS summit in Johannesburg.x
Update(1704ET): In their inaugural day 'family photo', BRICS leaders posed without Russia's President Putin, as FM Lavrov took his place given the ICC arrest warrant and Rome Statute would require the South African government to seek his arrest.
In my first explainer about the BRICS nations, you met the players and you know why their decisions affect the global economy. But why do their decisions affect us?
While the five original BRICS states have their geopolitical differences, they are finding enormous common ground on the geoeconomic front as trade volumes surge and trade routes multiply...
The leaders of the BRICS states will discuss the organization's enlargement when they meet in South Africa, the country's president indicated. The summit is set take place in August when over a dozen countries will hope to be given a path to memb
International Man: There have long been rumors that Russia or China would create a gold-backed currency, but there was never a formal acknowledgment… until recently.
On Friday, July 7, 2023, news broke in the financial market media that the "BRICS" (that is, Brazil, Russia, India, China, and South Africa) will implement their plan to create a new international currency for trading and financial transactions,
The dollar fiat monetary system may soon get some desperately needed competition. The nations that make up BRICS will soon be announcing a new gold-backed currency. The printing of trillions upon trillions of dollars, and the use of the dollar system
According to state-run Russian Television (RT), the Russian Government HAS CONFIRMED Brazil, Russia, India, China and South Africa, known as the "BRICS" nations, will introduce a new trading currency backed by Gold.
If you're counting on Asia's many new power centers to compete and clash – don't. The Greater Eurasia Partnership is set to integrate them all – from the SCO, EAEU, and BRICS, to emerging new currencies – in order to replace the 'rules-based or
25 countries have formally applied to join BRICS, says Andy Schectman, CEO & president of Miles Franklin. The BRICS nations are meeting in August and are likely to discuss a new reserve currency. Central banks are accumulating gold at a record rate,
I recently revealed that the so-called "BRICS+" countries will announce the creation of a new currency at its annual leaders' summit conference on August 22–24.
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