Tuesday, October 15, 2024
14.3 C
London

Business

BRICS Settle 65% Trade in Local Currencies & Not the US Dollar

The BRICS alliance settled 65% of trade among member nations in local currencies and not the US dollar. The usage of the US dollar...

BRICS Advances ‘Multicurrency System’ To Break US Dollar Dominance

BRICS member Russia is pitching a new idea of a ‘multicurrency payment system’ option to break the US dollar dominance. Russia is proposing changes...
spot_imgspot_img

North American Countries Start Applying For BRICS Membership

The BRICS alliance received applications for membership from countries in Asia, Africa, South America, and Eastern Europe. For the...

BRICS Could Expand to 20 Nations at 2024 Summit

October is set to be a monumental month for the BRICS alliance, with the bloc possibly expanding to 20...

BRICS Country Rejects De-Dollarization, Embraces the US Dollar

In a new twist of events, BRICS member India has confirmed that it will not target the US dollar...

BRICS: 12 Countries Ditch US Dollar, Pay 85% Trade in Local Currencies

After BRICS, a new alliance has kick-started the de-dollarization process and is using local currencies for trade and not...

BRICS: 4 Reasons Ditching the Petrodollar Could Doom the US

In recent weeks, the BRICS alliance has discussed ways to address the prevailing importance of the petrodollar, and the...

BRICS Make De-Dollarization New Member Entry Rule

With a plethora of nations looking to join the ever-growing BRICS bloc, the collective is set to implement new...