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BRICS Plus The Yuanization of the global economy is gaining momentum

By Rhod Mackenzie

In recent years, the world has faced various shocks such as pandemics, military conflicts, and sanctions. These events have led to changes in the financial system, which China is capitalising on by promoting the yuan as an alternative to traditional payment units.

Russia also...

Russia Currencies BRICS China Trade Yuan Dollar Swift
US worried by BRICS Plus dedollarisation

By Rhod Mackenzie

According to Thomas Hill, a former senior State Department official and the current director of the North Africa program at the American Institute of Peace (USIP), the recent expansion of BRICS should concern the United States. Hill explains that new members and prospective membe...

Russia Currencies BRICS China Trade Dollar Swift