According to Sergey Ryabkov, the deputy foreign minister of Russia, there are currently about 20 countries applying for membership in the BRICS, and that number is only increasing.
"I can say tha...
Treasury Secretary Janet Yellen Acknowledges Countries' Trend Toward 'Replacing The Dollar'.
Expect a gradual decline in the dollar's share of global reserves, according to Yellen.
During a ...
Egypt will abandon the US dollar, establishing trade with BRICS countries in local currencies.
Egypt has announced that they are ditching the US dollar in their trade with China, Russia, and India.
According to the Akorda press office, President Kassym-Jomart Tokayev will present the Astana International Forum's (AIF) global vision during the plenary session on June 8.
Alongside the forum, ...
Within the coming weeks, ACU member states plan to introduce the Iranian-developed system.
During a recent summit in Iran, the members of the Asian Clearing Union (ACU) decided to compete with th...