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 spokesman Dmitry Peskov stated on Jan. 31 that BRICS is currently not considering a shared currency, … Read more

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 a potential BRICS currency has garnered significant attention from global powers, particularly … Read more

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 reliance on the U.S. dollar in international trade, signaling a significant shift in … Read more

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 independence and its resilience against external pressures, including U.S. warnings. He emphasized the bloc’s … Read more

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 and implementation of generative AI technologies across the BRICS+ nations, projecting an overall economic impact … Read more

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 member has been officially confirmed by Brazil’s government, with the announcement … Read more

BRICS Intensifies Alternative Payments—2025 Agenda Targets Dollar-Free Systems

BRICS will prioritize alternative payment systems in 2025, aiming to reduce reliance on the U.S. dollar and boost trade in local currencies under Brazil’s leadership. BRICS Prioritizes Alternative Payments in 2025 The development of alternative payment systems and reducing reliance on the U.S. dollar will be central to BRICS initiatives in 2025 as Brazil takes … Read more

Uganda and Eight Other Nations Join BRICS as Partners in January

Russia has confirmed that Uganda will become a BRICS partner on Jan. 1, 2025, along with eight other countries: Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, and Uzbekistan. These nations will join the BRICS alliance as partner countries, but won’t have the same rights as official members, such as voting power and unrestricted participation in … Read more

BRICS Economies to Surpass Half of Global GDP, Challenging Western Dominance

Russia says BRICS nations will surpass half of global economic output in 10-15 years, signaling a shift in power that could challenge Western dominance. BRICS Economic Rise Signals Global Power Shift—Is Dominance Inevitable? The BRICS nations are rapidly emerging as dominant players in the global economy, with their collective GDP expected to surpass half of … Read more

BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon

BRICS will expand in 2025 with nine new partner states, signaling surging global alignment with the bloc as more nations race to secure ties. BRICS Expands With New Partner States in 2025 Several countries are set to gain BRICS partner status starting Jan. 1, 2025, following confirmations received by Russia, Kremlin aide Yury Ushakov informed … Read more