However, both nations face sanctions as the White House has made it difficult to accept the US dollar. In July this year, both the BRICS countries agreed to a currency swap policy signed by the ...
He envisions BRICS as a safe haven for countries wronged by Washington’s punitive use of the dollar. However, Russia alone cannot create an alternative financial ecosystem. This is why outreach ...
Vice President Kashim Shettima has disclosed that Nigeria attracted $1.27bn in foreign capital from BRICS countries by June 2024, marking a significant rise from the $438.72m recorded during the ...
The theatrics of a BRICS currency followed Russia’s de-dollarization agenda to evade sanctions. Also Read: BRICS: India Extends CBDC Payments to New Countries However, the de-dollarization agenda has ...
The BRICS group, consisting of Brazil, Russia, India, China, and South Africa, has announced its plan to expand its membership by adding six new countries, including Argentina. The decision was ...
Vice President Kashim Shettima has revealed that Nigeria secured $1.27bn in foreign capital from BRICS countries by June 2024, a significant increase from the $438.72m recorded during the same ...
Former chancellor Lord Lamont has warned that a plan by Brics countries to create a separate banking payments system could render international sanctions useless (Lucy North/PA) A plan by Brics ...
The summit’s theme was unlocking the potential of countries that felt spurned by the West in the post-Cold War era. “We are not building up a bloc that will be targeted against somebody’s interests,” ...