Russia has started using cryptocurrencies to sell oil to China and India as a way to get around Western sanctions. These ...

India has "absolutely no interest" in undermining the US dollar, and its fellow members of the Brics grouping of emerging economies have not formed a unified position on a proposed alternative payment ...

The US President had made similar warnings before assuming office as the US President, saying that BRICS nations would face 100 per cent tariffs on imports to the US if they launched a new currency.

Colombia's Susana Muhamad, president of the COP16 nature talks, said the BRICS countries were positioning to be "bridge builders". "They are trying to create this balance to represent the Global ...

Chinese President Xi Jinping says BRICS summit has decided to invite a number of nations to become partner countries. Addressing the summit in Kazan, Russia, Xi hailed the decision as another ...

This is despite a mounting urgency in recent years among some of the Brics countries to cut reliance on the US dollar.