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India fully committed to increasing cooperation under BRICS, says PM Modi at Leaders' Summit

Lauding the role of BRICS, PM further highlighted that the grouping after the inclusion of five new…

ANI   


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PM Modi to meet Putin and Xi Jinping at BRICS summit in Russia on October 22-23

During his visit, PM Modi is expected to hold bilateral meetings with fellow BRICS leaders and othe…

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BRICS' new declaration shows Russia's war still can't get the international backing that Moscow wants

The war was only mentioned once in the 43-page summary, while BRICS devoted five paragraphs to crit…

Matthew Loh   


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Putin's dollar problem is on clear display at the BRICS summit, starting with the moment guests land at the airport

Mastercard and Visa halted operations in Russia. Most Russian banks only take US dollars or euros t…

Huileng Tan   


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Putin's expanded BRICS summit proves he has friends — but risks buckling under its own contradictions

Russia is hosting a BRICS summit for the first time, with 4 new members. But efforts to rival the W…

Thibault Spirlet,Huileng Tan   


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Turkey's 'balancing act' with BRICS may stoke NATO fears, but the West needn't be too worried, analysts say

The BRICS group, which includes countries such as Russia, China, and Iran, was formed to challenge …

Rebecca Rommen   


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Six countries inducted in BRICS as new members of grouping

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

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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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BRICS-led dedollarization should alarm the US as new members could be most aggressive against the greenback, former State Dept. official says

"It is clear that traditional US allies, such as Egypt, Saudi Arabia, and the UAE, are already expl…

Filip De Mott   


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The BRICS summit ended with no new currency and all 5 members issuing differing and contradictory commentary on de-dollarization

The BRICS nations appear divided on the issue, as statements from the bloc's leaders last week indi…

Huileng Tan   


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The BRICS summit ended with no new currency and all 5 members issuing differing and contradictory commentary on de-dollarization

The BRICS nations appear divided on the issue, as statements from the bloc's leaders last week indi…

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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Key BRICS member admits the dollar will remain dominant despite oil deals in rupees and yuan

"I wish the Indian rupee should be the lead currency in the world. But I'm also a realist," India's…

Filip De Mott   


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BRICS Leaders Retreat: PM Modi, leaders to explore how to use utilise platform better

Prime Minister Narendra Modi arrived at the Summer Place in Johannesburg to participate in the BRI…

ANI   


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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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BRICS's messaging about de-dollarization could get even messier if Zimbabwe joins the group's bank

A former Zimbabwe finance minister said there could be an economic "disaster" if the current admini…

Huileng Tan   


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China-based BRICS bank aims to de-dollarize debt by expanding local currency lending

The New Development Bank has plans to expand lending in Brazilian, South African, and Indian curren…

Filip De Mott   


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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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5 mins read

Huileng Tan   


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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