The BRICS bloc is developing Brics Pay as a cross-border digital payment infrastructure to reduce dollar dependency, moving away from earlier proposals for a common currency.
French President Emmanuel Macron advocates for G7-BRICS cooperation amid escalating tensions over Trump’s foreign policy, including military drills by BRICS nations and transatlantic trade disputes.
Analysis of the feasibility and challenges of establishing a BRICS digital currency union.
Analysis of BRICS countries’ varying progress in Central Bank Digital Currency development and implications for potential cross-border payment systems.
Russian Foreign Minister Sergey Lavrov criticizes Western global order and positions BRICS as a counterbalance for Global South nations.
India’s Reserve Bank proposes integrating BRICS digital currencies to reduce US dollar dependency, ahead of India-hosted BRICS summit.
Analyzing the potential power dynamics between NATO (military-focused) and BRICS (economic alliance), including population, GDP, and strategic capabilities.
Reserve Bank of India suggests linking BRICS digital currencies for faster trade settlements, potentially reshaping foreign trade dynamics among member nations.
Report highlights India’s central bank initiative to facilitate cross-border transactions among BRICS nations through integrated digital currencies.
