Aligned with the summit’s focus on economic autonomy and alternatives to the U.S. dollar, BackD’s stablecoins provide a ...

The platform has been under discussions since earlier this year China and Russia are looking to bring de-dollarisation into ...

Astana has emphasized its commitment to strengthening its role as a close partner of BRICS while also stating that it will ...

Despite an effort to gain entry to BRICS, Sri Lanka will not be able to join the organization at present due to a decision by ...

Letter to editor SEVERAL Hindu journalists of a local online portal are staring at a bleak Deepavali as their employer has ...

A crescendo of electronic music overlaid with rap was sending 80 or so partying young Russians into a joyous ecstasy. And ...

CBDCs could help end the US dollar dominance in global trade, but that is still a long way off due to complex legal and ...

As Brics evolves into a growing counterweight to Western influence, Vietnam has positioned itself as a partner rather than a full member – a strategic choice that observers say reflects its ...

Expectations were high. A new cross-border payments system and even a common Brics currency were on the table, with rumours of a petroyuan being established to replace the petrodollar. Russian ...

In a major setback to China's BRI, Brazil has decided against joining Beijing's multi-billion-dollar initiative becoming the second country after India in the BRICS bloc not to endorse the mega ...

When launched, the digital currency represents a bold step towards economic independence The BRICS nations (Brazil, Russia, India, China, and South Africa) have been exploring ways to reduce their ...