Especially after US sanctions against Russia in 2022 made it clear how much leverage the US holds through its currency. During the annual summit Putin hosted in October this year, BRICS leaders ...

Russian President Vladimir Putin put forward the initiative of creating the BRICS grain exchange at the summit of the community in Kazan in 2024. "We emphasize the vital role of BRICS countries as ...

The nation of Saudi Arabia is reportedly forgoing formal membership in the intercontinental economic alliance BRICS as a ...

Russian President Vladimir Putin on April 16 said that cooperation with BRICS countries “will not stop and cannot stop”, effectively dismissing United States President Donald Trump’s recent ...

VLADIKAVKAZ, May 5 /TASS/. Russia hopes to discuss with its BRICS partners the creation of a grain exchange of the community at the St. Petersburg International Economic Forum (SPIEF) in June ...

Saudi Arabia sits on fence over BRICS ... currency or use alternatives to the dollar could cause global semiconductor supply chain disruptions. Europecategory· December 2, 2024 Exclusive: Russia ...

Russia, holding a mock BRICS banknote. But the 33-page summit communiqué made no mention of a unified currency, instead stressing “the use of local currencies in financial transactions between ...

Russian President Vladimir Putin and Chinese President Xi Jinping launched bilateral meetings in Moscow this week, at a time when China is holding talks with the West to cool down trade tensions. Both ...

The foreign ministers of Brazil, China, Russia ... the US currency. Speaking to Brazil's O Globo newspaper ahead of the meeting, Russian Foreign Minister Sergei Lavrov said BRICS nations planned ...