BRICS leaders, including Russian President Vladimir Putin and Chinese leader Xi Jinping, have publicly voiced their commitment to jointly introduce an alternative payment system that would not be ...

Last month, the BRICS countries held their 16th summit in the Russian city of Kazan, this time featuring an expanding membership. Among the discussions, Russia repeatedly made calls to further develop ...

A mock-up of the upcoming BRICS currency has finally been unveiled at the alliance’s ongoing summit in Kazan, Russia. Indeed, Russian president Vladimir Putin was seen with a mock-up up “BRICS bill” ...

As global markets evolve, the BRICS countries — Brazil, Russia, India, China and South Africa — emerge as economic opportunity powerhouses. Offering a blend of rich natural resources ...

In a move that could open up a host of new opportunities for the economic alliance, the BRICS bloc has officially adopted cryptocurrencies for investments. At the collective’s ongoing Business Forum ...

BRICS nations have concluded their meeting in the Russian city of Kazan, resolving to deepen economic ties. Some analysts say BRICS offers Africa a bigger say in the changing global order. https ...

Turkey has been invited to become a partner of the BRICS group of emerging-market powers, short of its expectation that it would be granted full membership. “They’ve offered partner-country ...

NEW DELHI: The recently concluded BRICS Summit in Kazan, Russia, was significant for several reasons. For one, it saw the resumption of formal bilateral talks between India and China, signalling a ...

When economics researcher Jim O’Neill coined the acronym BRIC in 2001, it was to highlight the potential of four up-and-coming world economies: Brazil, Russia, India and China. O’Neill ...

BRICS Summit 2024 focused on de-dollarization using CBDCs and blockchain-based BRICS Pay as a payment solution. Russian, Chinese, and Iranian leaders pushed for a new financial system through crypto ...

Since then, the BRICS nations have organized annual leadership summits and opened a development bank and currency reserve arrangements. The member countries have sought to collaborate on economic ...

According to Schectman, this reset could be driven by the upcoming 16th BRICS summit in Kazan, Russia, where countries will discuss significant monetary changes. Schectman highlighted ongoing ...