Russia and India Move to Develop BRICS Cross-Border Payment System
Russian and Indian partners announced an agreement to develop BRICS Pay cross-border payment services ahead of the 18th BRICS Summit in New Delhi.
Finance
Adrian Severin: Another World Order Is Emerging
Former Romanian foreign minister Adrian Severin said recent BRICS and SCO meetings reflect a deep shift in the global balance of power.
‘Diplomatic breakthrough’, ‘clear message’: Several strategic affairs experts hail BRICS declaration
Strategic affairs experts praised the BRICS Summit’s New Delhi declaration as a diplomatic breakthrough for India and an endorsement of its stance on terrorism, while noting consensus was forged despite differences between Iran and the United Arab Emirates.
Making a dollar detour: Why BRICS isn’t breaking up with the dollar
The latest BRICS declaration emphasizes interoperable payment systems and local-currency settlement, while avoiding a common BRICS currency or linked central bank digital currencies.
BRICS leaders act to hedge, not revolt, against US dollar dominance
As the New Delhi summit closed, BRICS leaders pushed for a louder voice in global institutions while building parallel mechanisms, according to analysts.
Nina Silva Wins BRICS Prize for Second Time and Targets International Expansion
Founder of the Black Money Movement was recognized in the Education and Skill Development category at a ceremony in New Delhi.
BRICS Keeps De-Dollarisation Push Alive Despite No Common Currency Plan: Analysts
Analysts say the absence of a common BRICS currency reflects a pragmatic strategy to reduce reliance on the US dollar through cross-border payment infrastructure.
BRICS Advances Alternative Payment System to SWIFT
BRICS Pay has moved from discussion to practical implementation, with cooperation between Russia’s Direct Investment Fund and BRICS Pay India aimed at developing cross-border payment services within the bloc.
BRICS Summit 2026: Leaders Advance AI, Resilience and Global South Cooperation
The New Delhi summit produced shared positions on trade, security and artificial intelligence while launching new cooperation mechanisms across technology, health, logistics, agriculture and innovation.