BRICS
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India and Russia Drop the Dollar, Switching to National Currencies
- February 11, 2025
- Posted by: newworldfinance
- Category: Finance
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As global dedollarization efforts accelerate, Russia and India have deepened their financial cooperation, with nearly 90% of direct transactions now conducted in their respective national currencies. This shift signals a growing move away from reliance on the U.S. dollar in international trade.
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Indonesia Weighs Russian Oil Imports After Joining BRICS
- January 16, 2025
- Posted by: newworldfinance
- Category: Geopolitics
Indonesia, fresh off its entry into the BRICS group, is exploring the option of importing discounted Russian crude oil, provided it complies with international regulations, according to Minister of Energy and Mineral Resources Bahlil Lahadalia.
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Thailand Joins BRICS as a Partner Country
- January 3, 2025
- Posted by: newworldfinance
- Category: Geopolitics
Thailand has officially joined BRICS as a partner country, marking a significant step in its global economic and diplomatic engagement. This partnership, announced by the Ministry of Foreign Affairs (MFA) on Wednesday, builds on Thailand’s prior collaboration with BRICS through the BRICS Plus mechanism since 2017.
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Trump Warns BRICS Nations on Dollar Replacement Plans
- November 30, 2024
- Posted by: newworldfinance
- Category: Crypto, Finance, Geopolitics
Trump Warns BRICS Nations on Dollar Replacement Plans