Today News

BRICS Slashes US Dollar Use to One-Third as Local Currencies Surge in Trade

Leave a Comment / brics, de-dollarization, Economics / best time

BRICS trade just hit a seismic milestone — over 65% now in national currencies as the bloc accelerates its exit from the U.S. dollar. BRICS Pushes Dollar Aside, Eyes Next-Level Financial Sovereignty Russian Foreign Minister Sergey Lavrov announced on Monday in Rio de Janeiro that trade between BRICS nations is increasingly shifting away from the […]

BRICS Slashes US Dollar Use to One-Third as Local Currencies Surge in Trade Read More »

Xi Jinping Backs BRICS Bank’s Growth as Key Driver for Global South Economies

Leave a Comment / brics, News Bytes, News Bytes - 2 / best time

Chinese President Xi Jinping underscored BRICS’ New Development Bank (NDB) as a crucial emerging force in the global financial system during discussions with NDB President Dilma Rousseff. He emphasized that the NDB, spearheaded by BRICS nations, embodies the growing leadership of developing economies and stands as a golden symbol of Global South cooperation. Xi advocated

Xi Jinping Backs BRICS Bank’s Growth as Key Driver for Global South Economies Read More »

Dedollarization Accelerates: Russian Official Details BRICS Currency Shift

Leave a Comment / brics, de-dollarization, Economics, Russia / best time

BRICS is surging ahead with unstoppable momentum, rapidly abandoning the U.S. dollar, building resilient payment systems, and forging a historic new economic frontier beyond Western control. Lavrov Confirms BRICS Ditching US Dollar Fast Russian Foreign Minister Sergey Lavrov has highlighted the growing use of national currencies among BRICS members in place of the U.S. dollar

Dedollarization Accelerates: Russian Official Details BRICS Currency Shift Read More »

Russian Senator Anticipates Creation of BRICS+, Dozens of Nations Potentially Involved

Leave a Comment / brics, Economics / best time

Deputy Speaker of the Federation Council Konstantin Kosachev revealed that several countries are set to join the BRICS+ initiative, aiming to include the maximum number of participants. The Russian senator emphasized that this geopolitical group would facilitate direct interaction with dozens of countries outside the bloc. Russian Senator Reveals Future Creation of BRICS+ Geopolitical Group

Russian Senator Anticipates Creation of BRICS+, Dozens of Nations Potentially Involved Read More »

BRICS Poised for Explosive Growth as US Tariffs Push Nations Away, Expert Says

Leave a Comment / brics, Economics, Russia, United States US / best time

Surging BRICS momentum is supercharged by escalating U.S. tariffs, driving emerging economies to abandon Western dominance and embrace a bold new multilateral power structure, a Russian expert says. BRICS Rising Fast With African and Asian Giants Turning Away From US Dominance Ekaterina Arapova, Director of the Center of Sanction Policy Expertise at the Institute for

BRICS Poised for Explosive Growth as US Tariffs Push Nations Away, Expert Says Read More »

Checkmate: How Adopting a BRICS Payment System Might Erode the Dollar’s Dominance in Trade Markets

Leave a Comment / brics, Economics, Payments, USD / best time

Several international analysts examined how the introduction of a BRICS international payment system might affect the current use of the U.S. dollar in trade. Experts cited sanctions evasion, cost reduction, and transaction confidentiality as the main advantages of this system compared to alternatives like SWIFT. Experts Warn Upcoming BRICS Payment System Might Dent Dollar’s Trade

Checkmate: How Adopting a BRICS Payment System Might Erode the Dollar’s Dominance in Trade Markets Read More »

Russia Expects BRICS Payment Network to Go Global—SWIFT’s Monopoly Under Threat

Leave a Comment / brics, de-dollarization, Economics, Russia / best time

BRICS is accelerating its break from Western financial dominance with a game-changing payment system that could soon welcome non-members, challenging SWIFT’s global stronghold. Lavrov Expects BRICS Alternative to SWIFT to Be Open to Non-Members Russian Foreign Minister Sergey Lavrov, addressing journalists in Almaty on April 11 after a Commonwealth of Independent States (CIS) Council of

Russia Expects BRICS Payment Network to Go Global—SWIFT’s Monopoly Under Threat Read More »

Russia Addresses US Tariff Threats as BRICS Ramps up Dollar Escape Plan

Leave a Comment / brics, Economics, Russia, United States US / best time

Russia called U.S. threats over BRICS currency moves serious but stressed the bloc isn’t replacing the dollar—only modernizing finance to counter monopolistic global abuses. Russia Responds to US Tariff Warnings Aimed at BRICS Currency Moves Russian Deputy Foreign Minister Sergey Ryabkov, serving as Russia’s Sherpa to the BRICS group, addressed concerns about U.S. commentary on

Russia Addresses US Tariff Threats as BRICS Ramps up Dollar Escape Plan Read More »

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Leave a Comment / brics, Cryptocurrency, Economics, Russia / best time

Russian Finance Minister Anton Siluanov specified that digital financial assets were among the options that BRICS was considering for securing independence from third-party nations in the economic trade arena. BRICS Profiles Digital Financial Assets as Part of Future’s Financial Settlements Arsenal Digital assets have become a relevant actor in international trade, and now even BRICS,

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future Read More »