Social Media Ideas for Brics De-Dollarization

BRICS seeks cheaper payment mechanisms to side-step US dollar

BRICS is trying to make trade settlements easier with cross-border payment links, fast-payment systems, and central bank digital currencies Read Full Article at RT.com

BRICS Kian Tinggalkan Dolar AS, 65% Transaksi Gunakan Mata Uang Lokal

Negara-negara anggota BRICS semakin mengurangi ketergantungan terhadap dolar Amerika Serikat (AS) dalam transaksi perdagangan lintas batas dengan memperluas penggunaan mata uang lo...

How Asia is redefining what BRICS really means

Washington will watch this week’s BRICS summit through the lens of China, Russia and de-dollarization — and miss the more consequential story: Asian priorities on development, tech...

BRICS discusses interlinking payment systems and digital currencies

BRICS nations are in talks to link their payment systems as it offers “a lot of scope for reducing cost,” India’s central bank governor says Read Full Article at RT.com

Is The Indian Rupee Set To Challenge The Dollar in Russia-Bangladesh Deals?

Russia has proposed settling trade with Bangladesh in Indian rupees, a move aimed at bypassing Western sanctions and reducing reliance on the U.S. dollar, FirstPost reported.The pl...

BRICS nations discuss linking payment systems and CBDCs, RBI chief says

Sanctions Fuel Push Away from the Dollar

Sanctions Fuel Push Away from the Dollar America’s increasing reliance on economic sanctions is prompting more nations to seek alternatives to the U.S. dollar, according to a recen...

Should BRICS+ Lead the Global South?

BRICS seems destined never to live up to hopes for it. Is strengthening the Non-Aligned Movement a better strategy?

BRICS faces its Iran test

The Iran-US conflict is testing BRICS and the SCO exposing internal divisions while accelerating the decline of the Western-led global order Read Full Article at RT.com

Delhi’s test: make Brics work without making it work against India

When leaders of the Brics group of emerging economies meet in New Delhi on September 12-13, India will confront an awkward paradox: the grouping has never been bigger or harder to...

Why BRICS should resist becoming a Western-style bloc

BRICS can become a force in global governance by delivering growth – not by turning itself into another Western-style bloc Read Full Article at RT.com

Dollar Dominance Eroding Slowly but Surely

JAKARTA, Indonesia, September 1 (IPS) - The US dollar’s role as the world’s reserve currency has been eroding gradually for decades. However, various US policies, including recent...

Here’s what BRICS needs to succeed

From Russia, India and China to the wider Global South, BRICS offers a peaceful way to reshape global governance still dominated by the West Read Full Article at RT.com

Balancing China and Russia: India’s Tightrope Walk at BRICS

New Delhi aims to keep BRICS relevant to the Global South while preventing its transformation into a Chinese bandwagon or an explicitly anti-Western coalition. 

BRICS Emerging as Reality in the New World Order

It is important for India to preserve its credibility and strengthen its leadership within BRICS. For this it must take concrete steps that demonstrate its commitment to the Global...

SCO countries support reform of international financial architecture — declaration

According to the Bishkek Declaration, the countries will continue to develop a practical dialogue on strengthening financial cooperation within the framework of the SCO Interbank C...

Russia-China transactions in dollars, euros diminished to ‘negligible level’ — Lavrov

The foreign minister says that financial settlements between Russia and China have been almost entirely converted to national currencies

BRICS countries support Russia’s initiatives on metallurgy, critical minerals

According to Deputy Minister of Industry and Trade Alexey Gruzdev, Russia's proposals are comprehensive and extend far beyond raw material supplies

BRICS Explores CBDC Links to Cut Cross Border Payment Costs

BRICS is examining ways to make cross-border payments cheaper through closer links between fast payment systems and central bank digital currencies (CBDCs). Reserve Bank of India G...

Putin-backed BRICS grain exchange expected to exceed $1 trillion turnover

Russia has outlined to BRICS foreign ministers in India how the group’s grain exchange, backed by President Vladimir Putin, will work Read Full Article at RT.com

BRICS Summit unlikely to consider bloc expansion

New Delhi to focus on better integration of new members; resolve differences over joint communique

Russia-China settlements conducted almost entirely in rubles, yuan

Rosneft CEO Igor Sechin pointed to the active diversification of international payment instruments

BRICS Summit may consider invoice-discounting mechanism to ease MSME funding crunch

Broader package on global value chains and digital trade also on agenda

Dollar Dominance Eroding Slowly But Surely

The dollar’s role as reserve currency has been eroding gradually. Rash action has accelerated the trend but not as much as you may think.