Brazilian Congresswoman Sounds Alarm on Drex CBDC Risks, Rejects Cash Elimination Bill

Julia Zanatta, a Brazilian congresswoman, has raised concerns about the effects of implementing drex, the Brazilian CBDC, on the lives of citizens. Zanatta emphasized that drex, if not properly implemented, might lead to the prohibition of physical money and proposed a ballot for its final implementation. Brazilian Congresswoman Warns About the End of Physical Money … Read more

BRICS Economies to Surpass Half of Global GDP, Challenging Western Dominance

Russia says BRICS nations will surpass half of global economic output in 10-15 years, signaling a shift in power that could challenge Western dominance. BRICS Economic Rise Signals Global Power Shift—Is Dominance Inevitable? The BRICS nations are rapidly emerging as dominant players in the global economy, with their collective GDP expected to surpass half of … Read more

CIS Nations Ditch Foreign Currencies—85% of Trade Now in Local Tenders

Over 85% of Commonwealth of Independent States (CIS) trade now bypasses foreign currencies, signaling a strategic shift towards economic independence as national payment systems take center stage in regional commerce. Putin Champions National Currencies—CIS Bloc Hits 85% in Local Trade At the Commonwealth of Independent States (CIS) summit in the Leningrad Region this week, Russian … Read more

BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon

BRICS will expand in 2025 with nine new partner states, signaling surging global alignment with the bloc as more nations race to secure ties. BRICS Expands With New Partner States in 2025 Several countries are set to gain BRICS partner status starting Jan. 1, 2025, following confirmations received by Russia, Kremlin aide Yury Ushakov informed … Read more

UAE Deepens Economic Ties With China and India Through BRICS Collaboration

The UAE’s growing economic influence and deeper global ties are driven by its BRICS membership, strengthening connections with China and India and boosting international collaboration. UAE’s Economy Gains Momentum Through BRICS Alliance, Strengthening Ties With China and India The United Arab Emirates (UAE) has strengthened its economy and broadened its global connections through its membership … Read more

BRICS Gold-Backed Digital Currency Could Reshape Global Trade and Shake the Dollar

A gold-backed digital currency from BRICS could reshape global trade by lowering transaction costs and reducing exchange rate volatility, challenging the U.S. dollar’s dominance. Brics Gold-Backed Digital Currency Could Shift Global Trade Dynamics BRICS nations have shown interest in the possibility of developing a gold-backed digital currency as part of efforts to reduce reliance on … Read more

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