Many developing nations believe BRICS is the only group that can help their native economies de-dollarize and strengthen their respective local currencies.
Last night, ZeroHedge kicked off our third live debate to discuss the fate of the U.S. Dollar and whether it will continue to dominate global trade.
BRICS member Russia confirmed that the country is building an alternative to the SWIFT payment system without integrating the US dollar. The new payment mechanism will settle cross-border transactions in local currencies making BRICS and other develo
The bloc is advancing towards producing a 'multipolar world' where the US and its Western allies will no longer have power and control over other nations
Subseuqnlety, the BRICS currency, which is likely to be announced in the coming year, could only add to the international pressure facing the greenback.
As of this writing, US dollar reserves have fallen by 6.5% as foreign central banks cut ties with the currency.
The three key issues in all three meetings, confirmed by diplomatic sources, were Gaza, OPEC+, and BRICS expansion. They are, of course, interlinked.
… instead, he will embrace the collapsing DOLLAR
Andy Schectman and Mike Adams talk GOLD, BRICS and global blowback from Middle Eastern conflicts
The pair met in Shanghai during the president's trip to China for the Belt and Road Forum
In the mid-term, nuclear power plants are considered by some experts to be the most efficient transitional solution for achieving global climate goals. Criticism is though levelled at the largely unresolved question of final storage and potential saf
CBDCs and BRICS | Now what's happening with the US dollar and BRICS Expansion… - Clay Clark; All The Things Working Against USD is Helping BRICS - Dr. Kirk Elliott | FOC Show
Left or right, the dumb out of DC just keeps getting dumber...
The viability of a currency change and the loss of "monetary sovereignty" are frequently discussed in the argument over dollarization in Argentina, but the most crucial aspect is sometimes overlooked: the peso is a failed currency. Due to the com
August 23rd was a big news day all over the world. The western media's focus on the events of that day was solidly on the unproven claims that Russian President Vladimir Putin was behind the sabotage or shooting down of an executive jet that killed
Donald Trump's legal troubles, the possibility that Joe Biden will face an impeachment inquiry, and other stories related to the upcoming presidential election, caused the American media to miss a story of potentially greater significance
On Thursday what will surely be a huge blow to India's Modi and the much anticipated annual G20 summit hosted in New Delhi is being widely reported.
Are the BRICS a threat to the U.S.?
Shahid BOLSEN:"Il progetto dei BRICS è stato pianificato per decenni dall'élite finanziaria globale"