Zimbabwe hails gold coin success and wants to issue more.
Gold coins used as currency in Zimbabwe will soon be available in smaller denominations, the central bank says.
Those higher-value g...
Russian Foreign Ministry: BRICS countries discuss principles of alliance expansion.
Ivan Nechayev, deputy director of the information and press department of the Russian Foreign Ministry, said at...
Last week the U.K. Bank of England raised interest rates to 1.75%.
This was meant to seem butch, but frankly 1.75% interest rates is historically the equivalent of zippo. The market didn't care m...
BRICS plus nations in the Global South could represent a sea change in the West's global institutions.
The West has traditionally dominated global groupings of leaders, most notably the G8, which...
Expanding BRICS to create an alternative power bloc is enticing for many countries.
Talk of the BRICS nations creating a new reserve currency introduced the idea of 'Bretton Woods 3.0'.
The ...