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Russian Ministry Cautious on BRICS Common Currency

In an interview with CGTN, a Chinese media platform, Vladimir Ilyichev, the Deputy Minister of Economic Development, conveyed his pessimism about the near-term advancement of such a currency, despite the significance and scale of the BRICS organization. He stated: "The BRICS collective economy represents approximately...

BRICS Expansion and Its Impact on International Relations

Recent reports suggest that China may be interested in adding more countries to the BRICS organization, which currently includes Brazil, Russia, India, and South Africa. This move aims to enhance China's influence and create competitive strength against the Group of Seven (G7) major economies....

Global Dynamics and World War III Insights by Robinder Sachdev

Robinder Sachdev, the luminary president of the Imagindia Institute, an erudite think tank headquartered in New Delhi, unfurls his prophetic reflections encompassing World War III and the plausible confluence of the BRICS economic consortium and the Shanghai Cooperation Organization (SCO). A tapestry of nations—Brazil,...

BRICS Summit Addresses Expansion and New Candidates for Membership

In the upcoming BRICS summit, leaders of the BRICS countries (Brazil, Russia, India, China, and South Africa) will discuss the expansion of the group during the scheduled August meeting, as confirmed by South African President Cyril Ramaphosa. Several countries have expressed their interest in...

Economic Expert Predicts the End of US Dollar Dominance in Global Markets

Paul Gronwald, the chief economic expert of S&P Global, highlighted his predictions for the end of US dollar dominance at a conference held by the ratings company in London on Tuesday. The economic expert explained that the US dollar no longer holds the same appeal...

Robert Kiyosaki Predicts Bitcoin Price to Reach $120,000 Next Year and Expects the “Death” of the US Dollar

Amid ongoing warnings that the US dollar will lose its status as the global reserve currency, Robert Kiyosaki, the bestselling author of "Rich Dad Poor Dad," has reiterated his advice to his followers to turn to assets such as Bitcoin (BTC). Specifically, Kiyosaki stated that...