BRICS

Serbia may join BRICS, diversifying the alliance. Its economy is forecasted to grow, but structural reforms are needed. BRICS aims to reshape global trade.

BRICS nations aim to reduce reliance on the U.S. dollar, impacting sectors like banking, tech, and retail. Challenges include hyperinflation risks and debt concerns. A BRICS currency could reshape global finance, challenging the dollar's dominance and affecting sectors across the U.S. economy.

BRICS Summit anticipates significant changes with potential new members and discussions on de-dollarization and new currency introduction. Integration challenges lie ahead as the alliance aims for continued growth and influence. Global interest underscores the summit's importance in shaping international economic dynamics.

BRICS nations have announced the launch of an autonomous payment system utilizing cryptocurrency and blockchain technology, aiming to challenge traditional financial frameworks and enhance financial sovereignty. This initiative signifies a shift towards decentralization, offering advantages such as faster transactions and reduced costs, while also fostering innovation and cooperation among member nations.

BRICS aims to establish a blockchain-based payment system for financial autonomy, reducing dependency on the US dollar. Emphasizing innovation and independence, collaborative initiatives seek to integrate financial markets and diversify currency usage away from the dollar, reshaping the global financial landscape.

Moscow proposes a blockchain-based payment system for BRICS to reduce reliance on the U.S. dollar, aiming for cost-effectiveness and independence.

BRICS, now with Saudi Arabia, controls 50% of global oil production, challenging the U.S. at 2.1%. De-dollarization risks and geopolitical tensions impact oil markets, creating uncertainty.

Senator Rubio warns BRICS expansion threatens SWIFT system, US sanctions, and accuses China of backing Russia's actions in Ukraine.

Explore Senator Marco Rubio's profound insights on BRICS's recent expansion and its implications for the SWIFT payment system, global sanctions, and the evolving world economic order

Russia leads BRICS in a strategic push for increased IMF influence, signifying a shift in global financial power dynamics.