Amid rising dollar risks

Opinion

BRICS De-Dollarization: Economic or Geopolitical Problem?

Amid rising dollar risks, Brics states should integrate their currency and bond markets, and tax dollar transactions to promote local currency use.

A former Zimbabwe finance minister

A former Zimbabwe finance minister said de-dollarization could result in an economic disaster. Zimbabwe has applied to join the BRICS bank, where there's debate about

De-Dollarization: Former Zimbabwe Minister Warns of Economic

While BRICS nations discuss reducing dollar reliance, replacing it is unlikely anytime soon due to their reliance on U.S. markets, lack of a unified financial system, and China’s

World trade is fragmenting into

World trade is fragmenting into opposing blocks, warns the IMF. The BRICS and their allies are distancing themselves from the West. BRICS are attempting to de-dollarize

Biti warns of economic ‘disaster’ if Mnangagwa takes BRICS de

To counter American financial dominance, the recently expanded BRICS group has explored potential means of de-dollarization. This would entail reducing the number of

BRICS is pushing harder for

Zimbabwe says de-dollarization is going to be BRICS’ undoing

BRICS, the West and the rest – global trade hubs and de-dollarization

BRICS is pushing harder for de-dollarization in 2025, sparking concern among experts. Zimbabwe’s ex-Finance Minister Tendai Biti warns this could lead to financial disaster for

Tendai Biti warns of an

HARARE – Former finance minister and opposition CCC top politician Tendai Biti has warned of further economic “disaster” if President Emmerson Mnangagwa’s

Why a BRICS Currency Won’t Replace the Dollar Anytime Soon

Tendai Biti warns of an imminent financial abyss for Zimbabwe, predicting disastrous consequences for the constituent countries of the BRICS if they were to embark on

De-dollarization: An imminent danger looms over the BRICS!