News with the tag "brics"

US tariffs on BRICS nations could accelerate global de-dollarization as BRICS countries develop alternatives to the dollar-dominated financial system, according to economist Igbal Guliyev.

Belarus proposes the integration of digital currencies, including CBDCs, into BRICS settlement platforms to enhance financial infrastructure and build a sovereign economic architecture.

U.S. President Donald Trump has threatened to impose an additional 10% tariff on countries supporting BRICS’ anti-American policies, as the bloc criticizes U.S. tariff policies in the Rio de Janeiro Declaration.

Brazilian President Lula proposes the development of a new BRICS trade currency to disrupt global trade settlements and benefit humanity, amid concerns over U.S. dollar hegemony.