Jeffrey Sachs Criticizes Trump’s Approach to BRICS Expansion and De-dollarization
Economist highlights BRICS’ growing global influence and US isolation through protectionist policies
Finance
BRICS Abandons Common Currency Plans, Advances National Currency Payments
The BRICS bloc has shifted focus from creating a common currency to strengthening national currency transactions and alternative payment systems during Brazil’s 2025 rotating presidency.
Quiet Rise of a Global Payment System: BRICS Launches USD-Alternative
BRICS countries have operationalized a new global payment system enabling trade in Chinese currency, potentially challenging USD dominance.
G20 Without the US: How Trump’s Boycott Strengthens China and the BRICS Nations
The absence of key leaders at the G20 summit creates new opportunities for BRICS countries to deepen cooperation and shift international focus.
Russian MFA Comments on G20’s Convergence with BRICS
Marat Berdyev stated that closer ties between the G20 and BRICS will provide a positive impetus to international economic diplomacy. The influence of the NDB and countries with developed economies will enhance the forum’s representativeness.
G20 leaders heading to South Africa summit Trump is boycotting
Leaders and delegates from the world’s richest nations and top developing countries are gathering this weekend for the Group of 20 summit in South Africa, an event overshadowed by the boycott of U.S. President Donald Trump and his administration.
The Horn of Africa Needs an End to the Gulf’s Proxy Wars. Cooperation Is Key.
A dangerous contest for influence between Saudi Arabia and the UAE in the Horn of Africa risks exacerbating regional instability, but coordinated Gulf engagement could unlock humanitarian, economic, and security benefits.
Beyond Spectacle: ASEAN’s Pragmatic Diplomacy Amidst ‘America First’ Challenges
ASEAN’s embrace of multilateralism reflects a pragmatic strategy: maintain ties with the U.S. while deepening engagement with other global actors. Trump’s presence may have been a temporary alignment, but ASEAN’s long-term vision is clear—become a central pole in a diversified global order.
Iran looks to BRICS countries to use cryptos to help it bypass sanctions
Iran seeks to leverage cryptocurrencies for trade with BRICS nations to circumvent U.S. and UN sanctions, boosting digital commerce.