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Putin's expanded BRICS summit proves he has friends — but risks buckling under its own contradictions

Tue, 10/22/2024 - 05:37

Tech Insider : Economy

Russian President Vladimir Putin clapping his hands. — Russian President Vladimir Putin during the BRICS Business Forum in Moscow on Friday.
AP Photo/Alexander Zemlianichenko, Pool

economy, Military & Defense, Russia, Ukraine, BRICS, brics-nations, brics-currency

Russia pitches trading centers in a widening plan to move away from the US-dominated global financial order

Mon, 10/14/2024 - 05:47

Tech Insider : Economy, Economy

Vladimir Putin — Russian President Vladimir Putin's regime is looking to establish a non US-centric financial and trading order.
Getty Images

economy, economy, Russia, BRICS, Commodities, Payments, News

More countries are openly flaunting their ties with Putin. They say it's just business.

Sun, 09/08/2024 - 20:00

Tech Insider : Economy, Politics, Economy

Russia's President Vladimir Putin and Mongolia's President Ukhnaagiin Khurelsukh shake hands. Mongolian men on horses nin background. — Russia's President Vladimir Putin met Mongolia's President Ukhnaagiin Khurelsukh recently. Mongolia did not arrest Putin even though the country is a ICC member.
Vyacheslav Prokofyev/Pool/AFP/Getty Images

economy, politics, economy, Russia, BRICS, Malaysia, Indonesia

Russia says it's working with a group of countries to build a platform that doesn't need the dollar

Tue, 06/11/2024 - 01:00

Tech Insider : Economy

dollar dominance — Russia is keen to move its trading partners away from the dollar.
new look casting/Getty Images

economy, dedollarization, Russia, BRICS, us-dollar, Currencies, News

A group of emerging nations could soon start knocking down one key pillar of dollar dominance

Tue, 05/28/2024 - 03:08

Tech Insider : Economy

US dollar bill with glitch effect — Some emerging nations are calling for a move away from the global financial system dominated by the US dollar.
Michael Raines

economy, dedollarization, De-Dollarization, BRICS, Currency, Markets, us-dollar

BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says

Fri, 11/03/2023 - 16:02

Money getting shredded — Daniel Grizelj/Getty Images

Markets, mi-exclusive, De-Dollarization, dollar-dominance, us-dollar, USD, Greenback

Elite investor Jim Rogers rings the alarm on US debt and dollar dominance - and warns of bubbles in stocks and real estate

Tue, 10/10/2023 - 06:39

Jim Rogers, Bow Tie — Jim Rogers.
Business Insider Video

Markets, mi-exclusive, Markets, Stocks, Commodities, real-estate, Bonds

China and India are so far into frenemy zone that they may never join forces to topple the dollar

Mon, 10/02/2023 - 20:55

Tech Insider : Economy

Xi Jinping and Narendra Modi holding a bouquet of flowers. — China's leader, Xi Jinping, with Indian Prime Minister Narendra Modi.
REUTERS/Amit Dave

economy, Markets, India, China, BRICS, Geopolitics, jim-oneill

The BRICS bloc may soon get 6 new members and more jumbled opinions on de-dollarization

Sun, 09/24/2023 - 20:42

South African President Cyril Ramaphosa with fellow BRICS leaders President of Brazil Luiz Inacio Lula da Silva, President of China Xi Jinping, Prime Minister of India Narendra Modi, and Russia's Foreign Minister Sergei Lavrov pose for a family photo with delegates, including six nations invited to join the BRICS group, Argentina, Egypt, Ethiopia, Iran, the United Arab Emirates and Saudi Arabia, during the closing day of the BRICS Summit at the Sandton Convention Center on Augu

Markets, News, mi-exclusive, Markets, dedollarization, BRICS, Dollars

About 93% of global central banks are exploring digital currencies - and that could boost de-dollarization, a report by IMF staff says

Fri, 09/22/2023 - 07:30

Close-up view of robot holding dollars — LightFieldStudios/ Getty Images

Markets, mi-exclusive, Markets, dedollarization, central-bank-digital-currencies, BRICS, De-Dollarization

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