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BRICS, India and US Dollar
BRICS Currency May Not Upstage the US Dollar Anytime Soon
A few days before the 16th BRICS Summit got underway in Kazan in October, Russia, the organizers of this key conclave advised attendees to bring along U.S. dollars and euros as Russian banks preferred these currencies to exchange rather than the ruble.
India not pursuing shared BRICS currency, analysts say
India will not support the creation of a shared currency among the nine-nation BRICS group, analysts say, but is promoting transnational trade in its local currency
BRICS is not interested in weakening US dollar - Indian Foreign Minister
Recently elected US President Donald Trump has threatened to impose tariffs if the BRICS creates a new currency. However, the countries of the organization are not at all interested in weakening the dollar,
‘India Never For De-Dollarisation, There’s No BRICS Currency Proposal’: Jaishankar After Trump’s Tariff Warning
External Affairs Minister S. Jaishankar on Saturday addressed remarks by Prime Minister Narendra Modi and U.S. President-elect Donald Trump, particularly focusing on Trump's recent warning to BRICS nations about imposing a 100 per cent tariff if they pursued a BRICS currency.
India has never been for de-dollarisation, no proposal for BRICS currency: EAM Jaishankar at Doha
EAM Dr S Jaishankar said, "...We have always said that India has never been for de-dollarisation, right now there is no proposal to have a BRICS currency. The BRICS do discuss financial
Opinion
1d
on MSN
Opinion
China, South Africa, BRICS & Africa Threats of Impending US Tariffs
Trying to impose restrictions on third party exports of goods from China to the USA comes with its own challenges that ...
19h
China’s Belt And Road Initiative Aims For Long-Term Global Leadership
The United States is all in on Africa,” said President Biden. China's infrastructure plans may challenge that strategy.
10h
India to work with rest of Brics countries to further ease trade
In recent months, economists in the Indian government had underscored the need for attracting FDI from China to boost India’s ...
8d
on MSN
Trump threatens 100% tariffs on China and Russia if BRICS group of nations issues new currency
US President-elect Donald Trump threatened to levy 100% tariffs on BRICS — a China- and Russia-led group of nations with ...
Opinion
richest
3h
Opinion
Yes, be afraid, Big Don…BRICS is coming
Trump, the US, and their dollar-bound Western vassal states have good reason to fear the coming economic behemoth that is ...
5d
on MSN
China Reacts to Trump's BRICS Threat
President-elect Donald Trump on Saturday warned members of the bloc against any attempt to supplant the dollar.
The Diplomat
11h
What Lies Ahead for India-China Relations
Another reason for China’s aggression is its ambition to head the global order, which it cannot do unless it dominates Asia.
Anadolu Ajansi
6d
Trump's 100% tariff threat: China says BRICS aims to cooperate rather than target 3rd countries
Chinese Foreign Ministry spokesperson responds to US President-elect Donald Trump's threat to impose 100% tariff on BRICS ...
9d
on MSN
Donald Trump Sends New Warning to China-Led Bloc Over US Dollar
Trump issued a stern warning to China over its BRICS bloc ambitions in a Truth Social post on Saturday afternoon.
7d
on MSN
Why is Trump threatening a 100% tariff on the BRICS nations?
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.
National Interest on MSN
12d
The BRICS Summit, De-Dollarization, and the Global Realignment
Even if the BRICS cannot offer an alternative global reserve currency to the dollar, the group is still making major inroads ...
1d
on MSN
ANCWL voices support for Russia, China, says Ukraine is not ally
In a frank interview with the Saturday Star, an upbeat ANC Women's League Secretary General Nokuthula Nqaba said the time is ...
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