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You Searched For "BRICS countries" and got 16 results


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4 mins read

BRICS decides to admit 6 countries as new members of grouping; focuses on voices of Global South

op leaders of the BRICS nations on Thursday decided to admit Argentina, Egypt, Ethiopia, Iran, Saud…

PTI   


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2 mins read

BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says

The US dollar could soon be in the same position as the British pound in the 1800s, a former White …

Jennifer Sor   


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1 min read

Nouriel Roubini says the idea that BRICS countries will create a new world order is wrong as they are a 'mishmash' of systems

Brazil, Russia, India, China and South Africa are hobbled by their different political systems and …

Filip De Mott   


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3 mins read

BRICS countries should 'do right thing' amid COVID-19 outbreak: China

With its rapid spread in many parts of the world, the COVID-19 has put the lives and health of peop…

PTI   


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7 mins read

Energy Performance: Is India Losing Out On Power Play?

India ranks 69th among 124 countries in the recently released Global Energy Architecture Performanc…

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2 mins read

The prime minister of the strongest BRIC country just unveiled his plans for the next 5 years

After campaigning as a pro-business candidate who turned his home state of Gujarat into an investme…

Portia Crowe   


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3 mins read

Russia pitches trading centers in a widening plan to move away from the US-dominated global financial order

Heavily-sanctioned Russia is a commodity giant and a major producer of oil, natural gas, gold, and …

Huileng Tan   


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4 mins read

Putin has spent years championing the idea of de-dollarization — but a new reality is setting in

The Russian president said the BRICS group is trying to resolve payment issues with national curren…

Huileng Tan   


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2 mins read

Putin wants to strengthen a big challenger to Western dominance

BRICS is expanding, with Thailand and Malaysia recently expressing interest to join the bloc.

Huileng Tan   


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2 mins read

Russia says it's working with a group of countries to build a platform that doesn't need the dollar

Russian President Vladimir Putin has doubled down on phasing out the use of the US dollar and other…

Huileng Tan   


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2 mins read

China sees the transition to green energy as a chance to elevate the yuan and dedollarize key markets

The transition to green energy is "an opportunity for the nation to raise the global standing of th…

Filip De Mott   


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2 mins read

Brazil's president wants to end dollar dominance and backs calls for BRICS nations to use their own currency

"Who was it that decided that the dollar was the currency after the disappearance of the gold stand…

Filip De Mott   


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1 min read

De-dollarization won't happen anytime soon as 'it's not so easy' to beat the greenback, Indian minister says

The buck is likely to remain the dominant currency in international trade, India's oil and gas mini…

George Glover   


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3 mins read

China faces 5 big obstacles in its effort to de-dollarize and boost the yuan on the world stage

Obstacles include China's capital controls and the longstanding popularity and use of the US dollar…

Jennifer Sor   


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1 min read

China, Russia and India aren't developing a dollar rival, top official says: 'There's no idea of a BRICS currency'

India's foreign minister S. Jaishankar pushed back on the idea that the BRICS group of countries ar…

George Glover   


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2 mins read

Dedollarization of global FX reserves? Not so fast, Allianz says

Efforts to challenge the dollar's dominance may be in the spotlight of late – but the greenback's s…

Joseph Wilkins