Tag: BRICs

BRICS Nations Collaborate on Groundbreaking Blockchain Payment System

BRICS nations are spearheading the creation of a groundbreaking payment system. The BRICS payment system, which leverages blockchain and digital currencies, embodies a...

Key takeaways from African Presidents at the 15th BRICS summit

With the inclusion of six nations in the developing countries bloc, BRICS now controls 30 percent of the global economy BRICS appears more...

BRICS admit six countries to the bloc, seeks to boost local currency lending

BRICS total GDP now stands at US$30.76 trillion, controlling about 30 percent of the global economy The new countries to join BRICS include...

India and UAE agree to settle trade in Rupees ahead of BRICS summit

The two nations will settle trade using the India Rupee and drastically cut foreign exchange costs. Real-time payment system will allow for seamless...