Brics Currency
All Stories for Brics Currency
BRICS Johannesburg Summit: Why India should not let autocratic China dominate the dialogue
Vimalharsh •New Delhi should counter Xi Jinping’s broader Chinese dream of world domination using forums like SCO and BRICS
America's political dysfunction, conflict with China pushing dedollarisation: JP Morgan
Umang Sharma •Recent years have witnessed acceleration in trend towards de-dollarization with countries looking out for alternatives to reduce their reliance on the dollar
New Members, New Currency: What will foreign ministers discuss at BRICS meet?
Fp Explainers •The foreign ministers of Brazil, Russia, India, China and South Africa are in Cape Town for the BRICS meet. The talks will see the leaders discuss the inclusion of new countries as well as the prospect of a new common currency. These discussions will set the tone for the 15th BRICS summit in August
Dollar Detox: ‘Time to ditch the dollar,’ says Cuban President
Umang Sharma •Cuban President Miguel Diaz-Canel has asked developing countries to dump the US dollar as it would set them free from Washington's 'sanctions, blackmail, aggression, and slander'
Argentina dumps US dollar for Chinese yuan: How nations are jumping on the de-dollarisation bandwagon
Fp Explainers •Argentina has joined Brazil to be the latest south-American nation to dump the dollar and trade in the Chinese yuan. Nations across the world, including India, are indulging in de-dollarisation – a push back against the American currency’s hegemony across the world
De-dollarisation: ‘If BRICS uses own currency for trade, it will end dollar's hegemony,’ warns ex-White House economist
Umang Sharma •Joseph Sullivan said that the BRICS would be 'poised to achieve a level of self-sufficiency in international trade that has eluded the world’s other currency unions'
Dollar Decoupled: Donald Trump warns US currency 'crashing, will no longer be the world standard'
Umang Sharma •Donald Trump, frontrunner in the race for the 2024 Republican nomination, has been outrightly critical about the state of the economy of America
Dumping the Dollar: Will a new BRICS currency replace the US currency for trade?
Fp Explainers •The BRICS collective, comprising Brazil, Russia, India, China and South Africa, is working on a common currency in an attempt to ditch the US dollar and push back against America’s dominance. The move comes as Moscow and Beijing call for de-dollarisation in the face of Western sanctions