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Nalezeno "brics": 428

Russia Declares SWIFT ‘Dying’ as Crypto Reshapes Finance


Russia claims it can reconnect to SWIFT anytime but questions its relevance as digital finance evolves. Could SWIFT become obsolete as BRICS nations develop alternatives? Russia Calls SWIFT Obsolete—Is Crypto the Key to the New Financial Order? Russia claims that it has the technical ability...

BRICS Set to Dominate 40% of Global Economy by 2030, Russian Official Says


BRICS is set to dominate 40% of the global economy by 2030, while the West’s share shrinks to 27%, Russian Economic Minister Maksim Reshetnikov said. Global Power Shift: BRICS Economy Surges While the West Faces Sharp Decline The BRICS alliance is poised to reshape the global economy, with...

Brazil Ditches BRICS Currency Plan, Favors Trade in National Currencies


Brazil has reportedly decided against pursuing a common currency for the BRICS nations during its presidency this year. Instead, the focus will be on facilitating trade in local currencies, a move that’s been met with warnings from U.S. President Donald Trump about challenging the U.S....

Russia Prioritizes BRICS and G20, Calls G7 ‘Outdated’ and Irrelevant


Russia is turning its back on the G7, calling it outdated, and shifting its focus to BRICS, SCO, and G20 as the new pillars of global influence. Russia Chooses BRICS and G20 Over ‘Outdated’ G7 Russia is prioritizing BRICS, the Shanghai Cooperation Organization (SCO), and the Group...

Russia and Ethiopia Take Steps Away From US Dollar as Dedollarization Grows


Countries are accelerating a shift away from the U.S. dollar in trade, with Russia and Ethiopia deepening currency ties to enhance economic stability and reduce reliance on foreign exchange. Global Shift Away From US Dollar Accelerates—Russia and Ethiopia Deepen Currency Ties Countries worldwide...

Iran Backs Unified BRICS Currency—With a Focus on National Interests


Iran supports a unified BRICS currency if all members agree, signaling a shift toward economic cooperation as the bloc explores alternatives to reliance on the U.S. dollar. Iran Supports Unified BRICS Currency Amid Global Tensions Iran has expressed willingness to support the creation of a unified...

BRICS Currency Plans? Russia Says Investment Comes First


BRICS is focusing on investment partnerships over currency unification, Russian officials indicated, as discussions around reducing reliance on the U.S. dollar continue amid global economic shifts. Russia Puts BRICS Currency Speculation to Rest—Here’s the Bloc’s Real Financial Agenda Russian...

BRICS Currency Plan Closely Monitored by US, Says Indian Expert


The U.S. is closely monitoring BRICS currency talks, an Indian expert says, as the bloc advances efforts to reduce dollar reliance and boost financial sovereignty. US Monitoring BRICS Currency Talks, Says Indian Expert The ongoing push within BRICS to explore dedollarization and introduce...

BRICS Challenges Dollar Dominance: Iran Backs Local Currency Framework


BRICS nations are boosting trade in national currencies, a move Iran emphasizes as vital for reducing dollar dependence and countering the economic impact of sanctions. Breaking Free From the Dollar: Iran Pushes BRICS Toward Financial Sovereignty Countries worldwide are increasingly reducing their...

BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy


BRICS, an economic bloc comprising emerging nations, remains unfazed by U.S. President Donald Trump’s threats to levy 100% tariffs on goods from member states, according to Russian Ambassador Sergey Tolchenov. Speaking to the Jakarta Globe on Tuesday, Tolchenov highlighted BRICS’ financial...

BRICS+ Nations Poised for $1.4T Boost as AI Powers New Frontiers


The integration of generative artificial intelligence (AI) is forecasted to significantly boost the economies of BRICS+ countries, potentially generating up to $600 billion by 2030, as per Yakov and Partners’ analysis. The consulting firm’s November 2024 report examined the development...

BRICS Expands Again – Indonesia Gains Full Membership in Historic Move


BRICS has expanded its influence with Indonesia’s entry, marking the bloc’s growing dominance in emerging markets and securing its first full membership from Southeast Asia. Indonesia Joins BRICS: Southeast Asia’s First Seat at the Global Power Table Indonesia’s accession to BRICS as a full...

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