I write about economic policy for the 21st century. After tossing around a few bad ideas, the BRICS countries have settled on using gold as the basis for international exchange, a role previously ...

The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a ...

He also emphasized that no concrete decisions have been made regarding the creation of a common BRICS currency. As Forbes reported, India’s central bank head has confirmed that de-dollarization ...

Nine countries are set to join the BRICS bloc, which was established in June 2009 at a summit in Yekaterinburg, Russia. The bloc's official goals include creating a new currency system and ...

U.S. President Donald Trump said on Thursday that BRICS nations could face 100% tariffs from the United States "if they want to play games with the dollar." Trump warns BRICS nations could face 10 ...

The US president wrote on the social media platform: “The idea that the Brics countries are trying to move away from the dollar, while we stand by and watch, is over.” Mr Trump, who has ...

Indonesia’s admission this month to the BRICS developing-country bloc, started by Brazil, Russia, India, China and South Africa, marks an expansion of the group to Southeast Asia. Jakarta’s ...

President Donald Trump has warned Brics nations, including India, that any move to replace the US dollar will result in 100% tariffs on trade with the United States. Trump emphasized severe ...

Trump Mistakes Spain for a Member of the BRICS Bloc and Repeats the Threat of Massive Tariffs BARCELONA, Spain (AP) — U.S. President Donald Trump has apparently confused Spain for a member of ...

BARCELONA, Spain (AP) — U.S. President Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing some head-scratching and jitters over possible tariffs ...