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BRICS (which) is now discussing a basket of their national currencies.
Bradley Blakenship, Journalist
A weakening dollar would, of course, affect the US economy and increase inflation. America will certainly have to fight back against de-dollarization.
What is the reaction of Uncle Sam? And ...
BRICS group of nations, which includes Brazil, Russia, India, China and South Africa, has also been discussing the development of a BRICS-specific multilateral wallet and currency.
BRICS group of nations would continue discussions on the practical use of local currencies to facilitate trade and investment flows, South African President Cyril Ramaphosa said on Wednesday during the BRICS summit in Johannesburg. Alwaght- The BRICS group of nations would continue discussions on th ...
BRICS is expanding itself to make sure it is large and powerful enough to challenge Western institutions, on top of them G7. Alwaght- In today's world, major international analysts talk about acceleration of the process of transfer of economic and political power hubs from the West to the East. ...
BRICS summit in Johannesburg members voiced their determination to increase use of local currencies in trade and financial transactions, both between BRICS members and with their partners.
With the addition of six new regional powerhouse economies from Latin America, Africa, and the Middl ...
BRICS, Economic Cooperation Organization, and bloc of Caspian Sea littoral states,” Mokhber said when he pointed to the global transition from traditional unipolar world order to a new multipolar one in which all countries and new actors play their roles.
He mentioned the key factors fo ...
BRICS and Shanghai Cooperation Organization (SCO) along with the emerging non-Western powers. Though Iran for years was observer member of these blocs, if it was not for the major change in the foreign policy of Iran under President Raisi who adopted Look East policy, Iran's membership could not ...
BRICS. Openings have also been made in the customs sector.
Commenting on the recent changes to the Iranian export basket to Russia, Iranian ambassador to Russia Kazem Jalali said that a major portion of the trade of the two countries in the past was corps, but now we witness exports of variou ...
BRICS unveiled a new payment system that will enable the bloc to circumvent Western-dominated payment systems and most importantly de-dollarize. Alwaght- While the global attention is captured by the wars in Eastern Europe, West Asia, and Africa, the structure of the world order is quietly molting. ...
BRICS nations, focusing on local currency transactions and international financial integration.
Farzin detailed efforts to enhance regional connectivity, including linking Iran’s Shetab network with Russia’s MIR system. With several banks now operational on the system, plans include exp ...