The BRICS economic alliance has confirmed that 159 participants are set to adopt its upcoming blockchain-based payment system, known as BRICS Pay. This announcement solidifies the bloc's efforts to redefine its global economic position and
The upcoming BRICS Summit 2024 is poised to become a historic event with 54 nations set to participate, marking an unprecedented level of global involvement in the economic bloc’s activities. This year’s summit is expected
The Chinese Yuan has made a significant leap on the global stage, surpassing the Euro to become the second most used currency in international trade and finance. This development marks a pivotal moment for the
India is poised to make a significant leap in its economic strategy by integrating cryptocurrency into its trade practices within the BRICS alliance. This shift comes at a time when the BRICS bloc—comprising Brazil, Russia,
As the BRICS nations—Brazil, Russia, India, China, and South Africa—seek alternatives to the US dollar for international trade, India is exploring the use of cryptocurrency as a potential solution. This move comes as part of
In a significant development that could reshape global economic and political landscapes, the BRICS nations—comprising Brazil, Russia, India, China, and South Africa—have officially announced plans to expand their influential bloc by welcoming a new member
China and Russia have taken significant steps to strengthen their economic and financial ties, further solidifying their cooperation within the BRICS framework. Following a crucial meeting between Chinese Premier Li Qiang and Russian Prime Minister
In a significant move inspired by the BRICS nations' de-dollarization agenda, Zimbabwe launched a new gold-backed currency, the ZIG, earlier this year. This strategic financial innovation, unveiled in April 2024, is a bold step aimed
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