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Russia Rejects Anti-Dollar Claims as Putin Defends BRICS Trade Strategy

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Vladimir Putin underscored that Russia’s BRICS strategy targets collaboration, not confrontation, insisting the bloc’s dollar shift reflects necessity and a drive for balanced global economic independence. Putin Clarifies Russia’s Role in BRICS, Dismisses Anti-Dollar Accusations Global monetary relations involving the U.S. dollar are undergoing significant change as nations pursue greater flexibility in how they conduct … Read more

Russia and Brazil Forge Tighter Multilateral Grip With BRICS, G20, UN Moves

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Russia and Brazil are aligning strategies across BRICS, the UN, and G20 to expand emerging economies’ influence, reshape global governance, and deepen their strategic partnership worldwide. Russia and Brazil Build Coordinated Front to Reshape UN, BRICS, and G20 Flow BRICS, the United Nations (UN), and the Group of 20 (G20) were central to discussions between … Read more

Lavrov Says De-dollarization Is Ongoing With Alternative Trade Platforms Rising

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Global momentum toward de-dollarization is erupting as nations expand trade in local currencies and build alternative payment systems, reshaping global finance and reinforcing warnings emphasized by Russian Foreign Minister Sergey Lavrov. De-dollarization Momentum Builds as Nations Push Alternative Systems The steady global push toward de-dollarization is accelerating as countries explore new financial systems to reduce … Read more

Economist Says US–China Trade Deficit Reflects Weak Competitiveness, not BRICS Tactics

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Soaring tensions over the U.S.–China trade deficit are colliding with BRICS challenges and supply chain risks, spotlighting deep economic vulnerabilities and fueling urgent debate on America’s global competitiveness. US–China Trade Deficit Draws Focus to BRICS Relations and Supply Chain Risks Mounting concerns over the U.S. trade deficit with China have reignited debate over whether the … Read more

BRICS Countries Take a Softer Stance on Washington in Multilateralism-Themed Virtual Summit

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Representatives from each of the BRICS countries did not mention Washington as the main driver of the current tariff wars and international economic uncertainty. Nonetheless, there was a general call to uphold multilateralism and a multilateral trading system. BRICS Virtual Summit Fails to Point Fingers at Washington, Calls for Defense of Multilateralism The BRICS virtual … Read more

India’s Largest Refiner Gives US Crude a Pass as BRICS Barrels Beckon

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India’s biggest fuel buyer just sent a message with its wallet: Indian Oil Corporation deliberately skipped U.S. crude in its latest tender and shopped elsewhere. From Houston to Das: IOC’s Tender Tells a Bigger BRICS Story In a week when it could have tapped West Texas Intermediate, Reuters reported that Indian Oil Corporation (IOC) picked … Read more

BRICS to Discuss US Tariffs and Multilateralism in Upcoming Meeting

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Brazil’s President Luiz Inácio Lula da Silva organized a BRICS meeting to mediate a possible joint response to the unilateral tariffs enacted by the US government on member countries. The meeting will also seek the organization’s support for multilateralism. BRICS to Discuss U.S. Tariffs, Rally on Multilateralism The unilateral tariff regime enacted by the Trump … Read more

US Tariffs on BRICS Could Deepen Global De-Dollarization Trend, Economist Warns

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Dollar dominance faces a historic reckoning as looming U.S. tariffs on BRICS nations risk accelerating de-dollarization and fueling a rapid pivot to rival financial systems. US Tariff Threats Could Backfire as BRICS Strengthens Parallel Financial System Mounting economic divergence between major global powers is accelerating the shift toward a multipolar trade system and eroding traditional … Read more

Belarus Proposes Introduction of Digital Currencies to BRICS Settlement System

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Maxim Ryzhenkov, the Foreign Minister of Belarus, stated that the upcoming BRICS settlement platforms should implement these digital currencies “as they become legally and technically ready for integration.” He emphasized that this platform would help build “a sovereign economic architecture.” Belarus Proposes Integrating Digital Currencies for BRICS Settlements Digital currencies are set to become a … Read more

Russian Official Warns at BRICS: US Dollar Losing Trust Amid Global Financial Shifts

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Global confidence in the U.S. dollar is crumbling as rising debt, sanctions backlash, and collapsing trust spark a powerful shift in the foundation of global finance, a top Russian official says. US Dollar Faces Intensifying Scrutiny Amid Rising BRICS Influence and Domestic Economic Strain Growing skepticism over the U.S. dollar’s long-term stability is signaling a … Read more