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BRICS Bank Could Issue Digital Currency for the Economic Bloc, Analyst Says
21.8.2023
A Trace Finance analyst has suggested that the BRICS nations could launch a single digital currency issued and regulated by the New Development Bank, also known as the BRICS Bank. He stressed that the U.S. is facing the biggest crisis in history. Many expect a common BRICS currency that would...
Morocco Denies South Africa’s Claim That It Has Applied to Join BRICS: Report
20.8.2023
Morocco has reportedly denied the claim made by South Africa, the host of the BRICS summit this year, that it has formally applied to join the economic bloc. According to South African officials, over 40 countries are interested in joining the BRICS group, including 23 nations that have formally...
Economist Lord Jim O’Neill Calls BRICS Currency Idea ‘Ridiculous’ — Says China and India Never Agree on Anything
20.8.2023
Lord Jim O’Neill, the British economist credited with coining the acronym BRIC, calls the creation of a common BRICS currency “ridiculous,” emphasizing that the BRICS nations have “never achieved anything since they first started meeting.” He added: “It’s a good job for the West that...
Mastercard Deepens Tie to CBDCs as Nations Mull Issuing Digital Currencies
17.8.2023
Payments giant Mastercard has created a forum where crypto industry players can discuss and collaborate on central bank digital currencies, injecting its influential voice into the CBDC conversation as nations around the world consider whether to digitize their money
Robert Kennedy Jr. Warns How Nuclear War Between US and Russia Would Affect You
9.8.2023
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has warned of severe consequences of a nuclear war between the U.S. and Russia. In one estimate, more than five billion people could die from a war between the two nations, including around 99% of those in the U.S., Europe, Russia,...
Russia Recognizes Digital Currencies of Other Nations
6.8.2023
The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of Russia’s own digital ruble. Amendments Legalizing Foreign...
Venezuela Presents Official Request to Join BRICS
5.8.2023
The government of Venezuela formalized its proposal to be part of BRICS, a geopolitical and economic bloc comprised of Brazil, Russia, India, China, and South Africa. Venezuelan President Nicolas Maduro explained that he hoped for a positive reception of the proposal by the nations that are part...
Thronefall Is The Perfect Strategy Game For People Who Don’t Have Time
2.8.2023
I love the blocky, saturated aesthetic and minimalist presentation of Thronefall. Fortunately, it’s also really cleverly designed and fun to play, distilling the tower defense strategy formula down into its compelling essentials so you can experience why fans of the genre love it without feeling...
US Second in World by Debt per Citizen, Rare Bitcoin Block Reward Awakens, BRICS Summit Invites — Week in Review
30.7.2023
A recent study has shown that Singapore, the U.S., and Japan rank highest in the world by debt per citizen, according to United Nations data. In other news, a rare 2010 Bitcoin block reward has awakened after 13 years of dormancy, and the BRICS economic bloc has invited 69 leaders to its August...
China Faces Opposition to Rapid BRICS Expansion From India and Brazil, Report
29.7.2023
BRICS member states India and Brazil stand in the way of China’s bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have reservations about Beijing’s plan to soon increase the organization’s geopolitical influence while they both seem to want to slow...
Robert Kiyosaki Insists US Dollar Will Die as BRICS Summit Nears, 41 Nations to De-Dollarize the World
28.7.2023
Rich Dad Poor Dad author Robert Kiyosaki has reiterated his warning about the impending demise of the U.S. dollar as the BRICS summit approaches. The famous author anticipates the launch of a new currency by the economic bloc and the de-dollarization efforts of around 41 nations seeking to join...
South Africa’s Foreign Minister Hints at Expansion of BRICS Bloc With 3 New Members
27.7.2023
In a recent interview published on July 26, South Africa’s foreign minister Naledi Pandor highlighted the BRICS group of economies’ commitment to peace, asserting that these nations do not aim to “weaponize the oceans.” Moreover, leading up to the much-anticipated 15th BRICS...
White House Says US Policy Allows Partners to Seek BRICS Membership
27.7.2023
The White House has affirmed that U.S. policy does not ask partners to choose between the U.S. and other countries, including the BRICS nations. “The U.S. does not want to limit countries’ partnership with other countries,” said Press Secretary Karine Jean-Pierre. More than 40 countries have...
BRICS Invites 69 Leaders to August Summit — Western Countries Omitted
26.7.2023
The BRICS economic bloc has invited 69 leaders to its upcoming summit, including all African heads of state and the political heads of major Global South bodies. More than 40 countries have expressed interest to join the BRICS group, with 22 nations already having submitted official applications....
Algeria Readies $1.5B BRICS Bid: Major Move for Membership in the Cards?
25.7.2023
As quoted by Ennahar TV, Algerian president Abdelmadjid Tebboune has signaled that Algeria — Africa’s largest nation — is eager to align itself with the BRICS coalition. He conveyed that this significant alignment with the five major emerging economies could potentially unlock unprecedented...
Former UN Security Council President Kishore Mahbubani: ‘The American Century Is Over’
24.7.2023
Kishore Mahbubani, the former president of the United Nations Security Council, stated China will dominate this century. Mahbubani declared that the so-called “containment policy” against China would fail, leaving the U.S. isolated from other nations due to its military approach to...
Next Year’s BRICS Summit to Gather More Than 5 Leaders, Russian Diplomat Predicts
24.7.2023
Moscow expects the number of leaders participating in the 2024 BRICS summit to be greater than five, according to a high-ranking Russian diplomat. The statement comes as the five-member organization prepares to discuss its enlargement at its meeting at the top this year, with dozens of nations...
Singapore, US With Highest Public Debt per Capita, China Most Indebted in BRICS: Study
23.7.2023
Singapore, the United States and Japan top the global chart in terms of sovereign debt per capita, according to research based on U.N. data. The burden of government debt for every American is 10 times heavier than that for a Chinese citizen, according to the study. U.S. Ranks Second in the World...
BRICS Currency Not on Agenda for Leaders’ Summit — Nations to Focus on De-Dollarization
23.7.2023
The heavily anticipated BRICS currency is not on the agenda to be discussed at the economic bloc’s upcoming leaders’ summit, according to South Africa’s diplomat in charge of BRICS relations. He clarified that the BRICS members will focus on de-dollarization and promoting the use of national...
BRICS Interest Soars: 40+ Countries Seek Membership as De-Dollarization Efforts Grow
21.7.2023
South Africa’s top diplomat responsible for BRICS relations has revealed that more than 40 countries are interested in joining the economic bloc. Among them, 22 nations have formally applied for membership. He believes that the BRICS group could expand to include more than 50 countries. BRICS...