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Nalezeno "BRICS Nations": 56

India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade


On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil deals between India and Russia have been settled in other currencies, putting the U.S....

Report: China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’


During the first week of November, the World Gold Council’s (WGC) report that covered last quarter’s global gold demand noted that central banks worldwide purchased close to 400 tons of gold in Q3 2022. The study highlighted that it was the “most on record,” and the WGC researchers also...

BRICS Nations Consider Idea of a Unified Payment System


BRICS association, which includes five significant national economies namely Brazil, Russia, India, China, and South Africa, has recently held its 11th summit on November 13–14 in Brazil. The annual summits of BRICS nations largely emphasize on subjects like science, climate change, technology...

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