Tag: Brics
Russia-Ukraine Conflict Allows Advancement of BRICS Members’ Geopolitical Agenda
State Duma, the lower house of parliamentarians, and the Federation Council, the upper chamber of legislators, voted to declare and approve the ‘special military...
Saudi Arabia to Adopt Petroyuan for Oil Settlements, Ditch Petrodollar?
As the BRICS bloc continues its de-dollarization efforts, Saudi Arabia is reportedly considering the adoption of the petroyuan for oil settlements, thereby ditching the...
US Dollar Fails To Enter the Top 5 Strongest Currency List
Forbes recently updated the top 5 most strongest currencies in the world for 2024 and the US dollar did not make it to the...
China’s Balance of Power strategy: The shift from Geopolitics to Geoeconomics
“Ultimate excellence lies not in winning every battle, but in defeating the enemy without ever fighting.”China’s geoeconomic strategy harks back to this famous maxim...
BRICS Confirms 159 Participants Will Adopt New Payment System
After recent rumblings surfaced of how many nations would embrace the impending BRICS Pay system, the bloc has confirmed 159 participants are set to...