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BRICS Gold-Backed Digital Currency Could Reshape Global Trade and Shake the Dollar

BRICS Gold-Backed Digital Currency Could Reshape Global Trade and Shake the DollarA gold-backed digital currency from BRICS could reshape global trade by lowering transaction costs and reducing exchange rate volatility, challenging the U.S. dollar’s dominance. Brics Gold-Backed Digital Currency Could Shift Global Trade Dynamics BRICS nations have shown interest in the possibility of developing a gold-backed digital currency as part of efforts to reduce reliance on […]

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BRICS Gold-Backed Digital Currency Could Reshape Global Trade and Shake the Dollar

BRICS Gold-Backed Digital Currency Could Reshape Global Trade and Shake the DollarA gold-backed digital currency from BRICS could reshape global trade by lowering transaction costs and reducing exchange rate volatility, challenging the U.S. dollar’s dominance. Brics Gold-Backed Digital Currency Could Shift Global Trade Dynamics BRICS nations have shown interest in the possibility of developing a gold-backed digital currency as part of efforts to reduce reliance on […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

BRICS Approaching G20-Level Influence, Says Brazil’s Minister

BRICS Approaching G20-Level Influence, Says Brazil’s MinisterBRICS is gaining global traction, with plans for major 2025 meetings under Brazil’s leadership and a vision to rival G20 prominence while championing collaboration. BRICS Rising: Is It Set to Eclipse the G20 in 2025? Brazilian Foreign Minister Mauro Vieira has highlighted the growing influence of BRICS, stating that the group is approaching the stature […]

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BRICS vs Trump: The Battle Over the Dollar Heats Up

BRICS vs Trump: The Battle Over the Dollar Heats UpRussia criticized U.S. threat diplomacy as BRICS advances efforts to reduce reliance on the dollar, citing flawed U.S. policies and escalating global economic tensions. Russia Calls Out US ‘Threat Diplomacy’ Amid Dollar Power Struggle The standoff over the global role of the U.S. dollar has intensified, with BRICS nations readying to counter President-elect Donald Trump’s […]

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Russian Official Declares BRICS Payment System a Real Alternative to US Dollar

Russian Official Declares BRICS Payment System a Real Alternative to US DollarA top Russian official has declared plans for a BRICS payment system “not hypothetical,” signaling a shift toward reducing reliance on the dollar through alternative financial mechanisms. A New Era? Russia Claims Feasibility of BRICS Payment Network Russian Deputy Foreign Minister Sergey Ryabkov has affirmed that plans to establish a BRICS payment system are tangible […]

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BRICS Retaliation Ahead? Expert Predicts US Tariff Fallout

BRICS Retaliation Ahead? Expert Predicts US Tariff FalloutBRICS nations brace for a global economic standoff as U.S. tariff threats spark concerns about trade retaliation and geopolitical tensions, reshaping international alliances. BRICS Retaliation Inevitable: Expert Predicts Clash Over US Tariffs BRICS countries are expected to retaliate with countermeasures if the U.S. imposes a 100% customs duty on goods from member states, Tass reported, […]

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South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report

South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report

Reports on a new BRICS currency designed to compete against the US dollar are fundamentally false, according to leaders in South Africa. In a statement, South Africa’s Department of International Relations and Cooperation (DIRCO) says BRICS is not working on a currency that could be used as an alternative to USD, reports Bloomberg. According to […]

The post South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report appeared first on The Daily Hodl.

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Economist Jim Rickards on Trump’s Tariff Threats: ‘BRICS Already Has a Common Currency’

Economist Jim Rickards on Trump’s Tariff Threats: ‘BRICS Already Has a Common Currency’Jim Rickards, an economist and best-selling author, has referred to the effects that the announced Trump tariff threat might have on the BRICS bloc. He explained that while the organization is not planning to issue a common currency, it already has one: gold. Jim Rickards States BRICS Doesn’t Need a New Currency for Its Trade […]

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Putin Profiles Digital Currencies as Possible Settlement Rails for a BRICS Investment Platform

Putin Profiles Digital Currencies as Possible Settlement Rails for a BRICS Investment PlatformRussian President Vladimir Putin has referred to digital currencies as part of the settlement instruments for the planned BRICS investment platform. Putin stated that work on this platform had already begun, and that these digital assets might have a place in this institution. Putin Talks Digital Currencies as Settlement Tools for Upcoming BRICS Investment Platform […]

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China Stands Firm With BRICS Amid US Tariff Threats

China Stands Firm With BRICS Amid US Tariff ThreatsChina has strongly defended the BRICS coalition against the U.S. President-elect Donald Trump’s tariff threats, emphasizing its principles of openness and inclusiveness. Responding diplomatically, Chinese Foreign Ministry spokesperson Lin Jian reiterated that BRICS does not target third parties and aims to foster global economic stability and shared prosperity. Lin noted that emerging markets, including BRICS […]

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