- December 21st, 2024
Dе-dollarization is a global trеnd aimеd at rеducing thе rеliancе on thе US dollar, which is currеntly thе dominant rеsеrvе currеncy. This shift is causing concеrn among еconomists, policymakеrs, and invеstors. Thе motivations bеhind dе-dollarization arе divеrsе and compеlling, with...
New Delhi Prime Minister Narendra Modi is set to attend the 15th BRICS Summit in Johannesburg from August 22-24, marking the first time since 2019 that the leaders of the BRICS countries—Brazil, Russia, India, China, and South Africa—will appear on...
South African President Cyril Ramaphosa warned against falling into competition among global powers ahead of hosting the BRICS summit in 2023. The summit, which will take place in Johannesburg, will be attended by Prime Minister Narendra Modi, Chinese President Xi...
New Delhi Foreign Secretary Vinay Mohan Kwatra has emphasized that the 15th BRICS summit focuses on trade within the national currency, as there are several conditions for discussing a common currency. He stated that the framework of discussions in BRICS...
The BRICS member countries finance infrastructure and sustainable development projects already have three non-member countries: Bangladesh, the United Arab Emirates and Egypt. In the upcoming meeting, Saudi Arabia, the largest economy of the Arab countries, can be considered for membership,...