Deputy Foreign Minister Sergey Ryabkov noted that Russia’s BRICS partners share its concerns over the negative influence of unlawful sanctions not only on the economic situation in separate countries, ...

President Trump confronts BRICS nations with severe trade consequences over potential currency shifts. The economic bloc faces 100% tariffs if they move away from the U.S. dollar.

Brazil’s central bank reportedly believes that the US dollar will maintain its position as the world’s leading currency over ...

The U.S. dollar has long been the cornerstone of the global financial system, underpinning international trade, investment, ...

“The current appreciation of the cedi is expected to reduce the external component of Ghana’s debt stock by some GHS74 ...

On May 12, a joint statement was issued following the China-US economic and trade talks in Geneva, Switzerland. Both sides promised they will establish a mechanism to continue discussions on bilateral ...

Yet Ethiopia’s economy has been larger than Kenya’s in recent years. According to International Monetary Fund data, Ethiopia ...

The BRICS group as a whole has come under fire from Trump, who threatened another 100% in tariffs if the bloc moves ahead with a single currency to replace the dollar ... LGBTQ+ flags 5:41 AM ...

The network effects of the dollar’s dominance — where its widespread use incentivizes further use — create a powerful economic moat that the BRICS currency initiative would struggle to overcome.

The following month, Trump demanded a commitment from the BRICS countries "that they will neither create a new BRICS currency nor back any other currency to replace the mighty U.S. dollar ...