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.
BRICS countries have operationalized a new global payment system enabling trade in Chinese currency, potentially challenging USD dominance.
The absence of key leaders at the G20 summit creates new opportunities for BRICS countries to deepen cooperation and shift international focus.
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.
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.
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.
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 seeks to leverage cryptocurrencies for trade with BRICS nations to circumvent U.S. and UN sanctions, boosting digital commerce.
Thủ tướng Phạm Minh Chính sẽ tham dự Hội nghị thượng đỉnh G20 và thăm Kuwait, Algeria, Nam Phi trong bối cảnh Việt Nam tiếp tục được đánh giá cao về vai trò đa phương.
Chinese Ambassador to South Africa highlights China-Africa economic cooperation and job creation at Johannesburg forum.