Has BRICS finally produced an alternative to the “petrodollar” after twenty years? And does it live up to the hype? Depending ...

BRICS payment systems shift focus to infrastructure over currency. Analysis explores how Velo's settlement layers align with emerging rails.

A two-day summit of the BRICS grouping of emerging economies starts Sunday in Brazil's Rio de Janeiro, as the global forum seeks to build consensus and cohesion after the group expanded over the past ...

BRICS nations will meet virtually next week to coordinate trade retaliation against the US. Has Donald Trump’s tariff blitz on top emerging economies sparked a stronger alliance among his biggest ...

Putin says BRICS role in global economic affairs will strengthen Joint communique attacks Western sanctions BRICS leaders back common grain exchange, payment system BRICS communique backs use of ...

According to Russian Foreign Minister, "the mechanism of the Contingent Reserve Arrangement, including the use of currencies alternative to dollar, is being improved" RIO DE JANEIRO, July 7. /TASS/.

EADaily, January 26th, 2026. The BRICS countries may launch a single payment system this year, which will make Western sanctions meaningless. Berliner Zeitung writes about this.

This is the first BRICS summit since Egypt, Ethiopia, Iran, and the UAE joined the bloc earlier this year. Among many things on the agenda is the issue of reducing reliance on the US dollar in ...