We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or ...

Brazil explores blockchain for BRICS cross-border trade, shifting focus to transaction speed and transparency.

During an event held by the Association of Republican Governors in Washington, former United States President Donald Trump said that when assuming the presidency, he took strict measures against ...

The following month, Trump demanded a commitment from the Brics countries "that they will neither create a new Brics currency nor back any other currency to replace the mighty US dollar".

Even Lula has backed off the idea of a new currency for the bloc, while still defending last week the BRICS nations' "right to discuss establishing forms of trade that do not make us fully ...

TASS/. US President Donald Trump once again pledged to impose 100% import duties on BRICS member states if they try to create a new currency or any other alternative to US dollar. "We are going to ...

Lula has since moderated his stance, defending BRICS nations’ right to explore alternatives without committing to a new currency. Brazil’s fast-growing instant payments system, Pix ...

Brazil took over the BRICS presidency from Russia on Jan. 1 after it was decided at the Summit in Kazan, Russia, back in October, that the new category of “associate members” would be created ...

Projects like the BRICS Contingent Reserve Arrangement, the New Development Bank (NDB), and de-dollarisation projects have been key to the bloc's development. Potential allies in Asia, Africa ...

President Donald Trump has warned Brics nations, including India, that any move to replace the US dollar will result in 100% tariffs on trade with the United States. Trump emphasized severe ...