News

London: External Affairs Minister Dr S Jaishankar, who is currently on a UK tour, spoke on several issues including de-dollarisation, the position of BRICS countries on Dollar and the ...
Peter McGahan looks at the potential global shift away from the US dollar ...
As US President Donald Trump declares war on Brics, threatening it with 100 per cent tariffs for undermining the influence of dollar, India.
BRICS+ economies are projected to control 50% of global wealth production. Yet, when the time comes to make bold moves, the grouping has been known to dither.
De-dollarisation is a natural process of stabilisation ... He has already threatened Brics and other countries with dire consequences if anyone abandons the dollar for reserves or transactions.
the BRICS-led New Development Bank (NDB) has decreased its reliance on Western-dominated financial institutions like the World Bank and IMF. Challenges and counter-measures The de-dollarisation of ...
Trump also pressured them to use the greenback as their reserve currency and refrain from creating a new BRICS currency or ... "So, what we find is that the de-dollarisation proposal is not ...
"Trump threatened countries that tried to de-dollarise with extra tariffs. Ironically, his isolationist policies may drive the trend." Deutsche Bank analysts also said a withdrawal of the Fed's ...