Trade blocs, new technologies may spur countries to develop a parallel global payment system alongside the dollar-based one ...

BRICS Pay is probably the first system with the potential to genuinely compete with SWIFT since its founding and could ...

The group’s plans to challenge the supremacy of the US dollar did not get far at its recent summit in Russia, even if polite ...

The 2024 BRICS Summit is set to redefine geopolitics and economic power dynamics as the world shifts toward a multipolar ...

India's groundbreaking partnership with Russia marks a pivotal moment in the global movement toward de-dollarization. In this ...

By Rachel GYABAAH In 2012, as I sat in class discussing global financial systems, the concept of BRICS (i.e Brazil, Russia, India, China and South Africa) was introduced as a counterweight to the ...

There are advantages in improving reconciliation between Western and non-Western powers – a role for which Canada is uniquely ...

The world is in for a “very rocky period in global economic relations” with the incoming Trump presidency and the BRICS can ...

Amid the ongoing Russia-Ukraine conflict, Russian envoy to India Denis Alipov on Wednesday said there is not much ground for negotiation at present but Moscow is prepared to sit and talk with Kyiv, ...

Turkey was offered partner country status by the BRICS group of nations, Trade Minister Omer Bolat said, as Ankara continues ...

His visit caps a diplomatic blitz across South America that has shown Beijing's growing clout in the region where it filled a ...

Collaborating in various fields after expansion, BRICS members remain dedicated to coping with U.S. hegemony and sanctions, ...