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At the summit, the BRICS nations continued their discussions of creating a potentially gold-backed currency, known as the "Unit," as an alternative to the US dollar. The potential BRICS currency ...
Despite the threats of punitive sanctions, discussions on exploring the use of alternative currencies are likely to intensify ...
The dollar, long a cornerstone of the global economy, could be at risk thanks to the latest tariffs on America's trading partners.
The BRICS alliance may get a boost as US President Trump's Liberation Day tariffs may create a 'dollar confidence crisis,' Deutsche Bank says ...
But more alarming to India – as well as other members of the Brics economic alliance ... over its efforts to reduce its reliance on the US dollar as its trade currency.
Western officials have questioned the growing influence of Brics, with US President Donald Trump repeatedly threatening tariffs if the bloc moved to create a currency to rival the US dollar’s ...
India has urged BRICS nations-Brazil, Russia, India, China, and South Africa-to mobilise USD 1.3 trillion in climate ...
India emphasized the necessity for sufficient funding from developed countries to enable developing nations to meet climate ...
On energy security, India reiterated the commitments made in the BRICS New Delhi Declaration (2021), which advocates for a ...
Western officials have questioned the growing influence of Brics, with US President Donald Trump repeatedly threatening tariffs if the bloc moved to create a currency to rival the US dollar's ...