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BRICS Eyes 2026 Digital Clearing System Using Local Currencies, Not Single Currency

BRICS economic bloc experts propose a digital clearing mechanism based on member nations' local currencies as a potential payment settlement system. According to a...

Iran Urges BRICS To Mediate Conflict With US, Israel, Puts India In Tight Spot

Iran has twice urged India, as the current BRICS chair, to have the bloc take an "independent role" in the Iran-US-Israel conflict and help...

CBO Projects $64 Trillion US Debt by 2036; BRICS Accelerates Dollar Exit

The Congressional Budget Office projects the U.S. national debt will reach $64 trillion within a decade, a stark increase from the current $39 trillion....

Soaring US War Costs Boost BRICS Push to Dethrone Dollar

Escalating U.S. military costs in the Middle East are strengthening the case for a BRICS-led alternative to the U.S. dollar, according to financial analysts....

Iran Urges BRICS Support Against US-Israel “Aggression” as Rifts Grow

Iranian Foreign Minister Abbas Araghchi called for the BRICS alliance to support its members, describing it as “essential” for maintaining stability amid conflict with...

BRICS Sell-Off Meets $578B US Borrowing Plan, Testing Debt Market

The U.S. Treasury confirmed borrowing $578 billion is projected for Q1 2026, maintaining an $850 billion cash balance. This occurs as BRICS nations, including...

India’s Energy Crisis: Gulf Tension Halts Oil as BRICS Chair Faces Strain

Geopolitical tensions between India and Gulf nations have severely disrupted global oil flows, with the Strait of Hormuz operating at a fraction of its...

Analysis: BRICS’ Credibility Erodes as Bloc Played Double Game on Dollar and Iran Crisis

The BRICS bloc is actively pursuing de-dollarization and gold acquisition while demonstrating inconsistent political solidarity, according to recent analyses. The group's ten members collectively...

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