BRICS Just Voted To De-Dollarize, The Dollar Went Up
BRICS’ New Delhi Declaration focuses on local-currency payment infrastructure rather than a common currency, with any move away from the dollar expected to be gradual.
Press
BRICS Innovation Center Boosts Global South Synergy
Xinhua reports that China is using the BRICS New Industrial Revolution Partnership Innovation Center in Xiamen to expand technology, investment, training, and trade cooperation with Global South countries.
Iran Set to Join BRICS New Development Bank – Report
Iranian government spokesperson Fatemeh Mohajerani said BRICS countries agreed to allow Iran to join the New Development Bank as a new member, according to reports.
BRICS talks focus on securing fertiliser supplies as India faces mounting subsidy burden
BRICS members discussed ensuring adequate fertilizer supplies within the bloc as India’s subsidy burden rises, with the New Delhi Declaration emphasizing mitigation of abrupt supply crises.
BRICS Leaders Share Positive Summit Takeaways, Many Thank India
Participating leaders concluded the BRICS summit in New Delhi with recap videos, praise for India, and statements on trade, cooperation, and global issues.
‘From BRIC to BRICS Plus’: A Movement Rewriting the World Economic Order; Why BRICS Matters
An explainer on BRICS after India hosted the summit, covering its membership, expansion, institutions, joint declaration, New Development Bank, and role in the global economy.
BRICS Could Move Beyond Dollar, But Not Towards A Single Currency
BRICS has shifted focus from a common currency to local-currency settlements, cross-border payment links and financing alternatives to reduce reliance on the US dollar.
Voice to capital: What India’s Brics summit leaves behind
An analysis of India’s BRICS presidency argues that the New Delhi Declaration could matter if it helps make climate and emerging-market finance more bankable, de-risked and attractive to capital.
China Proposes Open-Source AI Platform for BRICS Members
At the BRICS summit in New Delhi, Chinese President Xi Jinping outlined plans for shared AI development, training programs, and digital infrastructure for the bloc.