Recently, the BRICS cooperation mechanism has reached a new milestone. Russian presidential aide Ushakov announced that Belarus, Bolivia, Indonesia, Kazakhstan, Thailand, Cuba, Uganda, Malaysia and ...

U.S. President Donald Trump announced he would hit nations that support the "anti-American policies" of the BRICS group of countries with extra tariffs hours after returning to the White House from ...

The BRICS countries — led by Brazil, Russia, India, China and South Africa — are actively working to reduce their reliance on the U.S. dollar in international trade, a process known as ...

Established during 2009, BRICS mainly comprises the countries of South Africa, Brazil, China, Russia as well as India. Up to this year, expansion has led to a total of 22 countries which include full ...

President-elect Donald Trump on Nov. 30 threatened to slap a 100% tariff on a group of nine nations — the so-called BRICS — if they try to replace the U.S. dollar with another currency. The BRICS ...

Gold’s enduring role as a store of value and hedge against currency risk makes it a natural choice for countries seeking greater financial independence.

This is the first BRICS summit since Egypt, Ethiopia, Iran, and the UAE joined the bloc earlier this year. Among many things on the agenda is the issue of reducing reliance on the US dollar in ...

Russia and China lead the way in gold purchases. In 2024, China produced 380 tons of gold, while Russia produced 340 tons. In September 2025, Brazil purchased 16 tons of gold. BRICS alone has half of ...

De-dollarisation BRICS news: As BRICS nations increase their gold reserves, they seek to reduce their dependence on the US dollar amid shifting global monetary dynamics.(Photo: Bloomberg) ...