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Brazil proposes yuan guarantees in trade with Argentina amid dollar shortage

Brazil’s Finance Minister Fernando Haddad announced that Brazil has offered to use Chinese yuan guarantees for its exports to Argentina, as a way to...

Xi says BRICS countries agree to take quick action on AI research

Chinese President Xi Jinping said on Wednesday that the BRICS countries have agreed on quick action to start an artificial intelligence (AI) study group...

BRICS summit explores trade in local currencies amid de-dollarization debate

The 15th BRICS summit of emerging economies kicked off on Tuesday in Johannesburg, South Africa, with the leaders of Brazil, Russia, India, China and...

BRICS Summit 2023: Leaders to discuss bloc’s enlargement, currency cooperation and Africa’s peace and security

The BRICS Summit 2023, a gathering of the leaders of Brazil, Russia, India, China and South Africa, will kick off on August 22 in...

BRICS Bank Issues First South African Rand Bonds to Fund Local Projects

he New Development Bank (NDB), a multilateral financial institution established by the BRICS countries (Brazil, Russia, India, China, and South Africa), has successfully issued...

Bolivia eyes BRICS membership, says Foreign Minister

Bolivia has expressed its interest in joining the BRICS group of emerging economies, which comprises Brazil, Russia, India, China and South Africa. The country’s...

Bolivia eyes BRICS membership, says Foreign Minister

Bolivia has expressed its interest in joining the BRICS group of emerging economies, which comprises Brazil, Russia, India, China and South Africa. The country’s...

BRICS alliance growing as 10 more countries want to join the bloc

The BRICS group of emerging economies, composed of Brazil, Russia, India, China and South Africa, is attracting more interest from other developing countries who...

BRICS leads the way as 130 nations embrace CBDCs, leaving the U.S. dollar behind

The U.S. dollar could lose its status as the world’s reserve currency as more countries move towards launching their own digital currencies, following the...

BRICS foreign ministers meet in Cape Town to discuss expansion, currency and regional issues

The foreign ministers of the BRICS group of emerging economies are meeting in Cape Town from June 1 to 2 to prepare for the...

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