Tag: Nations
Nations Abandoning US Dollar as Reserve Currency in 2024
During its 2023 summit, BRICS invited Saudi Arabia, the United Arab Emirates (UAE), Iran, Egypt, Argentina, and Ethiopia to join. Four of those six...
African Nations Seeking China’s Yuan, Ditching US Dollar
In a continuation of the BRICS de-dollarization plans, a host of African nations are seeking to increase holdings in China’s yuan, thereby ditching the...
BRICS Welcome 2024 By Officially Adding 5 Expansion Nations
With the world ringing in the new year, the BRICS economic alliance has welcomed 2024 by officially adding 5 expansion nations to its ranks....
130 Nations Move Toward CBDC, US Dollar at Risk
Amid the greater de-dollarization plan for the BRICS bloc, and overall digitization of finance, 130 nations are all moving toward a Central Bank Digital...
Nations at COP28 Climate Summit Agree to Move Away From Fossil Fuels
For the first time since nations began meeting three decades ago to tackle climate change, diplomats from nearly 200 countries approved a global pact...