The US dollar is gradually losing its dominance, and foreign central banks are buying fewer Treasury securities, instead holding more gold in their reserves,...
The BRICS Cross-Border Payment Initiative (BCBPI) will use national currencies, instead of the US dollar. Russia's finance ministry and central bank released a report...
European Union foreign-policy chief Josep Borrell admitted the West has hypocritical "double standards" on international law, the Russia-Ukraine-NATO war, Israel's bombing of Gaza, the...
Putin met with Xi Jinping in Beijing, where China and Russia released a joint statement blasting Western "colonialism and hegemonism", supporting a multipolar world...
Iran's President Ebrahim Raisi, who died in a helicopter crash, sought to unite the Global South against Western imperialism. He joined BRICS, advocated de-dollarization,...
These were the most important geopolitical and economic issues of 2023, including the wars in Gaza and Ukraine, US-China tensions, BRICS expansion, growing de-dollarization,...
Economist Michael Hudson details how BRICS could create a mutual settlement currency for payment imbalances among central banks and build an alternative to the...