By Karin Strohecker LONDON, July 6 (Reuters) - A quarter of a century since he spotted the growing clout of emerging-market ...

De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade.

Russia is in no rush to push for a BRICS currency or overhaul global financial systems, President Vladimir Putin told India Today in an exclusive interview, arguing that moving too fast could trigger ...

The BRICS countries do not plan to create a single currency alternative to the US dollar. This was announced on June 24 by ...

Since the creation of the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA) in 2014, many observers have presented these two institutions as the pillars of a new ...

Their structural adjustment programmes routinely mandate austerity cuts, mass privatisation and Western-style institutional ...

The U.S. dollar’s dominance as the world’s reserve currency faces its most organized challenge yet from the BRICS nations, but fundamental structural barriers make displacement unlikely in the ...

A former U.S. ambassador has suggested that U.S. efforts to counter China have prompted the Chinese government to build up BRICS, the group of rising powers that is challenging the U.S.-led world ...

The bloc’s rapid expansion to include new member states threatens to break the US-led Western nations’ hegemony in global ...

At 11:26PM, Sunday night, July 6, I received a text from my producers. I was in Rio de Janeiro, covering the BRICS summit for an international news agency. They wanted me to go live. The summit was ...