U.S. & Germany React to BRICS Expansion
U.S. & Germany React to BRICS Expansion The BRICS summit ended on a positive note as the alliance inducted six new countries into the bloc. The six countries that will…
US & Europe To Pay in Local Currencies For Oil After BRICS Expansion?
US & Europe To Pay in Local Currencies For Oil After BRICS Expansion? Source: figtreecapitalventures.com Imagine a day when the US, Europe, and other Western allies keep local currencies as…
Expansion and a common currency on agenda at BRICS summit
Expansion and a common currency on agenda at BRICS summit Leaders of some of the developing world’s most important economies turned Wednesday to the main business of their summit in…
22 New Countries to Join BRICS Alliance at August Summit?
22 New Countries to Join BRICS Alliance at August Summit? With the vital gathering just three weeks away, 22 countries will see their heads of state gather at the BRICS…
BRICS: Plans to Dethrone U.S. Dollar Fizzles Out
BRICS: Plans to Dethrone U.S. Dollar Fizzles Out The BRICS alliance is keen on launching a new currency to take on the U.S. dollar for cross-border transactions. The bloc of…
30 Countries Now Ready To Accept BRICS Currency
30 Countries Now Ready To Accept BRICS Currency A growing number of countries are showing interest to join the BRICS alliance and accept the new currency. BRICS could soon become…
BRICS New Development Bank breaks away from US dollar
BRICS New Development Bank breaks away from US dollar In a bold move that challenges the US-dominated World Bank, the New Development Bank (NDB), established by the BRICS group, embraces…
How BRICS Is Coming Together to Challenge the U.S. Dollar – Modern Diplomacy
How BRICS Is Coming Together to Challenge the U.S. Dollar? Meanwhile the downfall for us dollar remains work in progress. The US dollar is continuously facing backlash. Now Russia thinks…
Dedollarization: Countries Seeking Alternatives to the U.S. Dollar
Dedollarization: Countries Seeking Alternatives to the U.S. Dollar This was originally posted on Elements. The U.S. dollar has dominated global trade and capital flows over many decades. However, many nations…