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A symbolic BRICS currency was introduced at the recently held BRICS summit in Kazan, Russia. The introduction of the currency has sparked conversations about changing global banking.
Putin unveiled a "symbolic" BRICS bank note at the summit, suggesting that the plan to dump the dollar may be much closer to fruition than many economists expect.
Putin Warns Against 'Illusory' Attempts To Defeat Russia & America's 'Big Mistake' Of Weaponizing Dollar
Western-led order's unraveling on full display as BRICS gathering in Russia gives IMF meet in US an economic reality check
The BRICS nations (originally Brazil, Russia, India, China and South Africa) are meeting in Russia this week, and many alternative economics writers are making much of how these nations will be working hard to replace the dollar, but it is really now
On Monday the two BRICS member states with the largest populations, India and China, signed a pact aiming to resolve their 4-year-long military standoff against each other over border disputes.
In less than two weeks, the 2024 BRICS Summit will take place in Kazan from 22-24 October. Our team will be there to follow and report on what is likely to be the most important geopolitical event of the year.
I'd like to start today's issue by extending my thoughts and prayers to those impacted by Hurricane Helene, which has devastated significant portions of the southeast with massive flooding.
With less than a month before the crucial BRICS annual summit in Kazan under the Russian presidency, serious informed discussions are raging in Moscow and other Eurasian capitals on what should be at the table in the de-dollarization and alternative
Speculation mounting BRICS to announce a gold-backed trading currency to break the greenback's hold on global finance
BRICS Confirms 159 Participants Will Adopt New Payment System
The BRICS summit is only six weeks away. It is assumed that a new 40% gold-backed trade settlement currency called the UNIT will be on the agenda. I don't think it will and I offer an alternative.
BRICS countries, along with other Global South nations, have voiced their discontent with the United Nations for several reasons.
Turkey has formally asked to join the BRICS group of emerging-market nations as it seeks to bolster its global influence and forge new ties beyond its traditional Western allies, according to people familiar with the matter.
Turkey has formally requested to join the BRICS group of emerging economies, Bloomberg cited informed sources as saying on Monday.
Ironically at a moment Ukraine is still engaged in its highest risk operation of the entire war (the now three-and-a-half week-long Kursk ground incursion) the Zelensky government has of late been talking peace, which is only a fairly recent talking
As the BRICS bloc turns to alternative payment systems to ditch the US dollar, India is considering using cryptocurrency for trade. The country already completed its first crude oil transaction with the UAE using local currencies.
While Israel increasingly isolates itself on the international stage, BRICS members Iran, Russia, and China are quietly coordinating a full-spectrum effort to support Palestine diplomatically and militarily.
US weaponization of dollar is backfiring as BRICS and wider developing world accelerate away from dollar-based trade and holdings
Join me live for an important discussion about Venezuela, BRICS, CIA color revolutions, and de-dollarization.
The BRICS alliance is looking to bypass the Western SWIFT system and replace it with its own financial mechanism. The creation of a new financial messaging system similar to SWIFT will allow BRICS to reshape the global trade landscape.
"BRICS still does not have its own institutionalized parliamentary structure, but I believe that in the future this idea will definitely be implemented. [...] Receptiveness, justice, and equality are the principles that unite BRICS countries."
There has been much unrest in Bolivia in recent days, as Bolivian Army General Juan Jose Zuniga threatened to overthrow President Luis Arce as he demanded a new cabinet and the release of political prisoners.
That's the claim again today, but with no official announcement. Let's assume it's true. What happens then?
A BRICS currency swap agreement is the new solution for BRICS countries to de-dollarize, but it is too small and too complex to have any meaningful impact on the dollar or to be expanded to future BRICS members.
I have not paid close attention to the details of the sanctions Washington has imposed on Russia and on other countries that deal with Russia in sanctioned items, which in my impression are largely military related items.
BRICS in 'Final Stages' of De-Dollarization Mission – New Non-Dollar Global Payment System Confirmed
The gravity around the newly-enlarged BRICS constellation is drawing in Arab, Muslim, and Global South adherents to the influential group's message on international law, Palestine, and halting forever wars.
BRICS mBridge Goes Live
