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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
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
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
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
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…
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
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
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
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
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
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
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
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
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
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
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…