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Category brics

BRICS Erodes Trust in the US Dollar

BRICS Erodes Trust in the US Dollar

The BRICS alliance is making developing countries trust local currencies more than the US dollar. The initiative of…
De-Dollarization: Full List of Countries Dropping the US Dollar & Key Reasons

De-Dollarization: Full List of Countries Dropping the US Dollar & Key Reasons

Countries around the world are actively seeking alternatives to the US dollar for international trade and reserves. This…
BRICS: European Firms Get Requests For Local Currencies, Not US Dollar

BRICS: European Firms Get Requests For Local Currencies, Not US Dollar

Taking a leaf from the BRICS playbook, several banks, brokers, and financial entities in Europe are receiving requests…
Saudi Arabia Drops BRICS, Inks $600B Strategic Deal With US in 2025

Saudi Arabia Drops BRICS, Inks $600B Strategic Deal With US in 2025

A new agreement has been signed, and it is poised to have major geopolitical ramifications as Saudi Arabia…
BRICS: JP Morgan Predicts 20% Decline in the US Dollar

BRICS: JP Morgan Predicts 20% Decline in the US Dollar

Leading investment bank JP Morgan is closely monitoring the de-dollarization initiative kick-started by BRICS to topple the US…