Inflation erodes the purchasing power of U.S. Treasury bonds, causing investors to lose money in real terms. See why ...

Starmer also … insisted CHOGM is “very important,” despite several members going to the Russian-Chinese BRICS-fest instead (see this morning ... a sleek black zip-up top and a white T-shirt.

It is a tantalising source of additional revenue, but according to Barbara Czarnecka, associate professor at London’s South Bank University Business School ... function the same way a concert T-shirt ...

In a landmark move following the 16th BRICS Summit, BackD is set to launch BRICS-backed stablecoins, aiming to redefine ...

are meant to mimic the World Bank and International Monetary Fund (IMF), respectively. BRICS members hope that alternative lending institutions can invigorate South-South cooperation and reduce ...

Yuri Ushakov, foreign policy aide to Putin, stated that 36 countries have confirmed their participation, with over 20 planning to send their heads of state, the Associated Press reported. The 2024 ...

BRICS and the Development Bank are reportedly working on a means to de-dollarise cross-country trade between member states, but information on this currency is scarce and reports are disparate.

BRICS leaders, including Russian President Vladimir ... asked Gopal Tripathy, head of Treasury at Jana Small Finance Bank based in Bengaluru, India. “They might use the USD [U.S. dollar] as ...

True, the launch of the New Development Bank – which was originally called the Brics Bank – was a positive development; but the institution has never had a clear, powerful mandate linked to ...

Basically, all you need to know about the success of the summit is that BRICS bank, NDB, has suspended all the financing to new Russian projects since mid-2023 due to risk of secondary sanctions.

Former Brazilian President Dilma Rousseff was offered the chance to stay for another five years as head of the New Development Bank (NDB, also known as the BRICS Bank) by Russian President ...