After having threatened China, U.S. neighbors Canada and Mexico as well as the EU with tariffs, U.S. President Donald Trump extended the same to BRICS countries Monday. Reiterating an earlier ...
Kenya is signaling a strategic shift toward deeper engagement with BRICS, the influential economic bloc comprising Brazil, ...
The international financial architecture is shifting from the dollar to a multicurrency model that is, mostly, backed by gold ...
As the BRICS group prepares for its July 2025 summit in Brazil, a new map of global alignment is emerging—one driven not by military alliances or ideology, but by a push for new partnerships in ...
Brazilian President Luiz Inácio Lula da Silva at the first BRICS Sherpa meeting, in Brasília, on Feb. 26, 2025. Leaders from the BRICS bloc, often presented as a counterweight to the West, will soon ...
Backed by gold and a basket of member currencies, the UNIT is designed to reduce reliance on the US dollar, but major hurdles remain.
Donald Trump's latest tariff threat is to levy 100% duties on goods from the nine BRICS countries. He framed the threat as a bargaining chip, warning BRICS against competing with the US dollar. The US ...
Many wonder if the US dollar will be abandoned. No one is planning to do that. The United States is a big country whose ...
Brazil’s Luiz Inacio Lula da Silva decried the use of tariffs as a tool of “blackmail” while China’s Xi Jinping said trade wars were disrupting the global economy during a BRICS summit that took place ...
Brazil's Foreign Minister Mauro Vieira speaks on the second day of the BRICS foreign ministers meeting in Rio de Janeiro - Copyright AFP Mauro PIMENTEL Brazil's ...
Robert Kiyosaki once again sounded the alarm on the US dollar, citing a supposed BRICS gold-backed currency. However, no ...