"Gold Settlement" will take place via big commercial banks, much like today, or perhaps via some unified clearinghouse system ...

The BRICS-linked CIPS payment system has expanded across 185 countries, allowing international payments in Chinese yuan without using the U.S. dollar.

BRICS nations’ push to trade in local currencies reflects frustration with dollar dominance and signals a shift in the global monetary order ...

(CNN) — President Donald Trump said at least seven countries can expect tariff letters on Wednesday morning, as he ramped up pressure on nations to strike deals with the United States by saying his ...

Russia is essentially sidestepping the US dollar for nearly all of its international trade, according to one of the BRICS ...

The BRICS leaders, from left: Luiz Inacio Lula da Silva, Xi Jinping, Cyril Ramaphosa, Narendra Modi and Sergey Lavrov. [BRICS/Handout/AA/picture alliance] The leaders ...

President Donald Trump has threatened additional tariffs on any country that supports the “anti-American” policies of the BRICS group, a political and diplomatic coordination forum consisting of 11 ...

Donald Trump has threatened 100% tariffs on imports from BRICS countries if they create a new currency to rival the US dollar ...

BRASILIA (Reuters) -The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank (NDB) to lower financing costs and boost investment, two people ...

Oliver Stuenkel, associate professor at the School of International Relations at Fundação Getulio Vargas in São Paulo, Brazil, sits down with James M. Lindsay to discuss the recent BRICS summit in Rio ...