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Category BRICS Nations

MainNewsBRICS Nations
BRICS nations cut $18.9 Billion in US treasuries — What’s the impact?

BRICS nations cut $18.9 Billion in US treasuries — What’s the impact?

Recent data from the U.S. Treasury Department reveals a significant move by members of the BRICS economic alliance—Brazil, Russia, India, China, an...
South Africa’s Foreign Minister Hints at Expansion of BRICS Bloc With 3 New Members

South Africa’s Foreign Minister Hints at Expansion of BRICS Bloc With 3 New Members

In a recent interview published on July 26, South Africa’s foreign minister Naledi Pandor highlighted the BRICS group of economies’ commitment to p...
BRICS Currency Not on Agenda for Leaders’ Summit — Nations to Focus on De-Dollarization

BRICS Currency Not on Agenda for Leaders’ Summit — Nations to Focus on De-Dollarization

The heavily anticipated BRICS currency is not on the agenda to be discussed at the economic bloc’s upcoming leaders’ summit, according to South Afr...
Dollar Reliance Shrinks — China’s LNG Deal With Qatar Challenges ‘Frenemy’ Status With US

Dollar Reliance Shrinks — China’s LNG Deal With Qatar Challenges ‘Frenemy’ Status With US

This week, China and Qatar strengthened their bond through a significant development on Tuesday. China National Petroleum Corporation (CNPC) and Qa...
Bangladesh Eyes BRICS Invite as Rumors Swirl of Formal Request

Bangladesh Eyes BRICS Invite as Rumors Swirl of Formal Request

In mid-May, several reports indicated that Bangladesh and India were engaging in currency trading using their respective currencies in order to add...