BRICs

Can Western policymakers match Brics leaders’ enthusiasm for digitisation and take steps to regulate digital dollars?

Trump seems to be exaggerating potential actions so that the eventual lesser actions seem reasonable

Gold eased, pressured by a rising US dollar after President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new currency.

Backlash against the dollar’s dominance gained traction in 2022 when the US led efforts to impose economic sanctions on Russia

Backlash against the dollar’s dominance gained traction in 2022 when the US led efforts to impose economic sanctions on Russia

“We must be careful to ensure that this organization does not acquire the image of one that is trying to replace global institutions,” Modi said at closed plenary session of the Brics leaders’ summit.

The potential benefits for joining BRICS go beyond geopolitics.

Inflation can be heavily affected by uncertainty and unknown unknowns that make themselves known

More than 20 nations from the Global South had formally requested to join ahead of the summit