The highly anticipated BRICS Summit 2024, which took place earlier this month, has seemingly set a 36-nation commitment to challenging the US dollar’s global dominance. Indeed, the bloc saw the gathering reinforce its collective vision to challenge the international status quo. Although the gathering failed to see the arrival of a BRICS Pay platform or…
With 5,255 delegates attending, the 16th BRICS Summit in Kazan focused on building a “multipolar world order” and reducing reliance on dollar-based systems. With Over 5,000 Delegates, BRICS Summit Sends a Message to the Dollar’s Dominance More than 5,000 delegates gathered in Kazan for the 16th BRICS Summit which took place from Oct. 22-24, marking…
Iran’s president slammed the UN Security Council and International Monetary Fund (IMF) at the BRICS summit, accusing them of losing effectiveness due to Western interference. He called for BRICS nations to reduce reliance on Western financial systems and push for a new global order. The president urged the bloc to strengthen alternative institutions and reshape…
The BRICS alliance is officially adding 13 new nations as partner countries, according to an announcement at the BRICS summit. According to sources at the summit, the following nations have been invited to join the bloc as partners: JUST IN: BRICS officially adds 13 new nations to the alliance as partner countries (not full members)….
Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by Russia. The summit will address cooperation in politics, security, and economics. A central focus will be the expansion of BRICS, potentially introducing a new “partner states” category, reflecting the group’s growing global influence. Key discussions…
The BRICS summit, not the U.S. presidential election, will be the defining event of global history, a Russian official claims. With BRICS expanding and 65% of its transactions now in national currencies, they argue the world is shifting away from U.S. dominance toward sovereign partnerships. “I believe that in 2024 the vector of human development…
With the landmark event just days away, the BRICS 2024 Summit is set to see the economic bloc take a major step toward ending US dollar dominance. Indeed, the collective will gather in Kazan, Russia for the event that could be one of its most important. Chief among the matters to be discussed by the…
Russia’s President Vladimir Putin has confirmed that 35 new countries will participate in the upcoming BRICS summit. The 16th summit is scheduled to be held in the Kazan region of Russia from October 22 to 24. The nine-member alliance will discuss de-dollarization, rewrite trade policies, and prefer local currencies for cross-border transactions. Also Read: BRICS…
The BRICS summit is now three weeks away. Several countries interested in joining the bloc have recently confirmed their participation at the summit. Russian Deputy Foreign Minister Sergei Ryabkov spoke Thursday on the upcoming summit, confirming that at least 30 countries will attend the summit, with some expecting invitations to officially join the alliance. In…
US dollar under serious threat as Saudi Arabia’s top official discloses that the country is open to using Yuan for crude settlement amid the upcoming BRICS Summit. However, the US could “put up a fight” as former president Donald Trump proposes 100% tariffs on countries moving away. The de-dollarization strategy is still on as Saudi…
With the highly anticipated event just a month away, 54 nations are set to attend the BRICS 2024 Summit. The bloc announced an increased list of countries that are set to get an invitation from the economic alliance. Moreover, the event should be host to extensive talks of lessening US dollar trade settlements within the…
First announced in March of this year, the BRICS Pay platform has garnered a lot of attention. Developed using blockchain technology, it is poised to greatly increase the role the economic alliance plays in global finance. Moreover, it could be set to finally launch as early as next month. The grouping is fast approaching its…