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In a significant move that signals a global geopolitical shift, the BRICS nations have announced their plans to introduce a new currency...
Currencies
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The New Development Bank, a financial institution created by the BRICS bloc of emerging markets, doesn’t have any immediate plans for...
BRICS nations asked the bloc’s specially created bank to provide guidance on a how a potential new shared currency might...
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The BRICS countries have been pursuing a wide range of initiatives to decrease their dependence on the dollar. Over the past year,...
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A new world order could be emerging as economic powerhouses increase their efforts to distance themselves from US dollar hegemony....
The BRICS group of nations will discuss the feasibility of introducing a common currency, according to the foreign minister of...
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Talk of de-dollarization is in the air. Last month, in New Delhi, Alexander Babakov, deputy chairman of Russia’s State Duma,...
The most headline-grabbing initiative to challenge the dollar is the suggestion of a common currency for the BRICS bloc. Like...
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Brazil’s Luiz Inacio Lula da Silva called on BRICS nations to come up with an alternative to replace the dollar in foreign...
