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Category emerging economies

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China’s Trade With BRICS Surges: A $653 Billion Boost in Emerging Markets

China’s Trade With BRICS Surges: A $653 Billion Boost in Emerging Markets

China’s trade with BRICS countries surged by 5.1% year-on-year, reaching 4.62 trillion yuan (approximately $653 billion) in the first three quarter...
Oct, 15, 2024
by Bitcoin News
Gold to $2,100 — Investment Management Firm Says Gold to Be Key Instrument in New Financial Order

Gold to $2,100 — Investment Management Firm Says Gold to Be Key Instrument in New Financial Order

Central banks, particularly those in emerging economies, are ramping up their gold reserves in preparation for a new monetary regime, signaling a p...
Jun, 21, 2023
3 min read
by Bitcoin News
BRICS to Promote National Currencies Before Issuing Common One

BRICS to Promote National Currencies Before Issuing Common One

The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishm...
May, 01, 2023
2 min read
by Bitcoin News
India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade

India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade

On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades...
Mar, 08, 2023
2 min read
by Bitcoin News