Russia is spearheading BRICS’s push for a cross-border payment system using national currencies and digital assets. The initiative aims to strengthen BRICS’s financial infrastructure and ...

TASS/. Africa expects that BRICS countries will be able to change the global financial system to benefit countries of the continent, researcher of the Kenya Methodist University (KeMU) Dr ...

By Annunthra Rangan As geopolitical tensions mount, US President Donald Trump has threatened to impose 100 percent tariffs on countries that challenge the US dollar’s global dominance—chief among them ...

Russian Finance Minister Anton Siluanov said Moscow is working on financial instruments within BRICS, including a cross-border payment system, state-run news agency TASS said Wednesday.

To gain independence, the BRICS nations seek financial autonomy by reducing their dependence on external payment systems dominated by the U.S. dollar. A blockchain-based system promises faster ...

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 ...

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

Russian FM Sergey Lavrov has revealed that BRICS is developing an alternative global payment system—one that could rival SWIFT and include non-member nations. Lavrov confirmed Brazil proposed the ...

The BRICS block investigates the use of digital assets to increase its financial independence. According to the Russian Minister of Finance, Anton Siluanov, digital technologies will play a key ...

The 'BRICS Plus' countries are laying the groundwork for a more balanced global financial system Editor's note: As global governance undergoes profound changes, the role of the BRICS Plus ...