brics

Auto Added by WPeMatico

Analysts: BRICS Currency Meant to Rival USD, Trump Warns of Depression as Kiyosaki Predicts Bond Crash, Waits to Buy Bitcoin — Bitcoin.com News Week in Review

by

BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further, Donald Trump warns of a depression in the U.S., Rich Dad Poor Dad author Robert Kiyosaki says we’re in for the “biggest bond crash” in … Read more

Targeting the US Dollar’s Hegemony: Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency

by

While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are in the midst of “creating an international reserve currency.” Analysts believe the BRICS reserve currency is meant to rival the U.S. dollar and the International … Read more

The Daily: India to Become Blockchain Leader, Coinfloor Granted Gibraltar License

by

A recent study indicates that the blockchain craze isn’t dying out yet. Buoyed by its findings, media and experts in India have commented that the country can become one of the leaders in the field. Also in The Daily, an Australian university now offers an online blockchain programming course, Russia has announced a plan to create … Read more

Venezuela to Use the Petro to Buy Auto Parts from Russia

by

Venezuelan government intends to purchase Russian auto parts with its state-issued cryptocurrency. Ministers from both countries have discussed the use of the petro in bilateral transactions during a high-level meeting in Caracas. Possible Russian crypto investments are also on the agenda. Also read: Venezuelans to Buy Homes and Property with State Cryptocurrency Caracas to Build … Read more

Could Russia and Its Allies Create an Alternative Internet?

by

Russia is one of those countries which intrigues a lot of people for various reasons. We are all too aware of this country’s mixed opinions regarding financial innovation. Perhaps the most worrisome aspect is that Russia apparently plans to create its own internet. Rumors regarding such a project have been circulating for quite some time now, but it … Read more