BRICS

BRICS
2026-07-08 16:22:14

BRICS Currency Is Inevitable Despite Trump Tariffs: De-dollarization Wave Accelerates

A BRICS trade-only currency appears unavoidable even under the threat of US tariffs. Brazilian President Lula revived the proposal at the 2025 summit, urging the New Development Bank to study a settlement currency. Analysts predict a gold-pegged digital unit similar to ALBA's Sucre could emerge within years, driven by sanctions and de-dollarization.

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BRICS Currency Is Inevitable Despite Trump Tariffs: De-dollarization Wave Accelerates
BRICS
2026-07-08 14:04:18

BRICS Invites Six New Members Including Saudi Arabia and Iran

BRICS leaders invited Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE to join the bloc from January 1, 2024. South Africa's president confirmed consensus on expansion criteria, while Russia's Putin highlighted accelerating de-dollarization.

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BRICS Invites Six New Members Including Saudi Arabia and Iran