Explore how BRICS is challenging SWIFT to enhance financial sovereignty and reduce reliance on the dollar-dominated system.
"Gold Settlement" will take place via big commercial banks, much like today, or perhaps via some unified clearinghouse system ...
BRICS nations’ push to trade in local currencies reflects frustration with dollar dominance and signals a shift in the global ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
The BRICS-linked CIPS payment system has expanded across 185 countries, allowing international payments in Chinese yuan ...
The US decision to hike import tariff to use it as a weapon has revived activities within BRICS to meet the deadline of the ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
EADaily, November 3rd, 2025. Washington is actively discussing new ways to promote the dollar as the world's main currency, seeking to strengthen its position against the backdrop of increasing ...
China says it's ready to further expand the economic alliance known as BRICS. The nation is joining Brazil in backing ...
The Republicans want to continue spending at currently ridiculous levels. The Democrats want to spend even more than that.
Over the past five years, Chinese loans and deposits in renminbi abroad have quadrupled, while CIPS (Beijing's alternative to SWIFT) is growing in Central Asia, the Middle East, and other strategi ...
Depending on who you talk to, the great de-dollarisation is upon us, and Trump’s tariff war with China is just speeding things along. Oh, and Western Union is disrupting itself by becoming the thing ...