The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about ...

There has been increasing speculation about the BRICS alliance creating a currency backed by some sort of commodity like Gold. The proposal is meant to reduce the use of the dominant US Dollar in ...

The pound traded lower against the dollar in early European trading, at $1.2654, as the greenback bounced back thanks to a recovery in US bond yields. The US dollar index (DX-Y.NYB), which tracks the ...

This resulted in unemployment and inflation problems in the US, leading to Trade War 3.0. Trump 2.0's challenge is addressing ...

Even amid the stock market crash of 1929 and the ensuing Great Depression, a basket ... part of the BRICS economic bloc, with gold serving as a potential settlement mechanism for currency imbalances.

South Africa is a key member of the BRICS economic bloc, Brazil, Russia, India, and China, and it has long been a world leader in gold production. South Africa is one of the world’s biggest gold ...

The idea of a shared currency issued by the Brics nations (Brazil, Russia, India, China, South Africa) made headlines in late 2024 ahead of their conference in Kazan, Russia. Wanting to move away from ...