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Last updated: June 16, 2025, 12:49  |  Written by: Laura Shin

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The Brics Summit Currently Underway

The BRICS Summit currently underway in Johannesburg explores expansion and a shared currency, challenging the US dollar’s dominance. The annual BRICS

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Recently

Recently 19 countries, among them Saudi Arabia and Iran, have enquired about joining the BRICS bloc, which was established by Brazil, Russia, India, China, and

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The BRICS announced that they would continue to

As The Push For De

Negotiations on New BRICS Currency Underway As

At the meeting, the leaders representing the BRICS (Brazil, Russia, India, China, and South Africa) nations discussed plans to reduce their dependence on the U.S. dollar.

As the push for de-dollarization continues, BRICS currency negotiations are currently underway. Moreover, ahead of the annual summit set to take place this summer, the

A Single Brics Currency Is

Brazil is currently presiding over BRICS. Riyadh does not want to risk U.S. anger as negotiations are underway with Washington, one of the sources and a diplomat said.

A single BRICS currency is out of the question now. The member countries want to find ways to ensure mutual trade and economic projects so as not to depend on the

Laura Shin can be reached at [email protected].

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