BRICS continues to develop a cross-border payment system that could ultimately accelerate de-dollarization and create ...

Russia is spearheading BRICS’s push for a cross-border payment system using national currencies and digital assets. The ...

Building a financial infrastructure is very important for the development of trade and the economies of our countries," says ...

If US stablecoins gain widespread usage, the ultimate risk is “digital dollarisation”, where sales platforms encourage buyers ...

Brazil, Russia, India, China, and South Africa—has long aimed to challenge Western-controlled financial systems and reduce ...

The BRICS economic bloc, comprising Brazil, Russia, India, China, and South Africa, has been accelerating efforts to ...

Russia pushes BRICS digital finance shift as de-dollarization accelerates, aiming to reduce reliance on U.S.-controlled ...

Worldcategory· December 6, 2024 Russia official says Trump's threat will not stop work on BRICS payment system ... Reuters provides business, financial, national and international news to ...

BRICS is upending the petrodollar monopoly and laying the groundwork for a multipolar financial system by encouraging the exchange of oil in local currencies. Supported by new trade agreements ...

Despite the threats of punitive sanctions, discussions on exploring the use of alternative currencies are likely to intensify ...

"This will be the perfect entry point for BRICS to advance their aim of changing the global order and having a stronger say in the global financial system," Leiter said. "The new U.S. position is ...

"This will be the perfect entry point for BRICS to advance their aim of changing the global order and having a stronger say in the global financial system," Leiter said. "The new U.S. position is ...