The BRICS alliance is looking to undo the dominancy of the US dollar by launching a new payment system. The next decade could see a paradigm shift in the way countries settle cross-border transactions ...

BRICS aims to introduce a fairer world order without seeking expansion as an end goal. While it elaborates a new model of global relations, it remains inclusive and focuses on overcoming global ...

Brics nations, now expanded to 11 members, have launched the "Brics Land Restoration Partnership" to combat land degradation and promote soil fertility. At the 15th Brics Agriculture Ministers ...

The superiority of the US dollar is declining every year as BRICS and other developing countries are working towards uprooting it from the world’s reserve currency status. The latest data had shown ...

Hopefully you may remember my comments on dedollarisation in June 2023 – ‘it will happen’. This journey of explanation of ...

BRICS nations, including India, have launched the "BRICS Land Restoration Partnership" to combat land degradation and promote sustainable agriculture within its expanded 11-member group.

The recent BRICS summit in the Russian city of Kazan was less notable for what happened at the meeting than for what happened before, on the margins, or not at all. Among the notable things that did ...

Financing from the BRICS bank has been pivotal in boosting pavement, drainage, basic sanitation and sidewalk construction works in Brazil's Amazonia, it was reported. These initiatives seek to ...

A recent tweet from crypto analyst Amelie has ignited discussion that XRP might be used in BRICS’s new cross-border payment system. The BRICS nations have been actively developing a decentralized ...