Countries like Malaysia and Thailand have expressed interest in joining BRICS, seen as a counterweight to the West, in recent ...

Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this year, ...

President Donald Trump has threatened BRICS countries, warning them against replacing the U.S. dollar as a reserve currency ...

US President Donald Trump has threatened a 100% tariff on all imports from BRICS nations if they launch a common currency.

The grouping does not have a common currency, but long-running discussions on the subject have gained some momentum.

The US froze Russia’s dollar assets in 2022 and stunned global holders of US bonds as forex reserves. But the world is stuck ...

US President Donald Trump has said that BRICS was created for a bad purpose and most people don't want it. He said that BRICS is dead and reiterated his threat to BRICS nations, saying he would ...

Brazil abandons plans for a common BRICS currency in favor of facilitating trade in national currencies, focusing on ...

One of Donald Trump' leading economic agenda this year is mostly about imposing tariffs on foreign imports, and that has ...

Despite these discussions, BRICS members do not intend to eliminate their dollar reserves, and Lula himself has softened his ...

Brazil’s fast-growing instant payments system, Pix, is central to its financial innovation. Brazil also operates a Local ...