Widespread adoption has important implications for monetary sovereignty

Widespread adoption has important implications for monetary sovereignty

India’s resilience, Canada’s defiance, China’s leverage, Russia’s scope, and Iran’s impact expose U.S. decline.

The US Federal Reserve’s **0.25% rate hike**—its first since 2023—risks **global dollar strain**, as Donald Trump’s Iran tensions push nations to ditch the greenback. **Goldman Sachs’ Kay Haigh** warns more hikes may follow, but political pressure...

Analysts say lack of movement towards a common currency reflects a more pragmatic approach to reducing reliance on US dollar.

Xi Jinping also tells the event in New Delhi that the bloc should play a ‘due role’ in bringing peace to the Middle East.

Xi Jinping also tells the event in New Delhi that the bloc should play a ‘due role’ in bringing peace to the Middle East.

BRICS 2026 in Delhi signals a wider push for economic sovereignty, de-dollarisation, financial reform and a more multipolar global order.

In recent years, China and Russia have pushed for de-dollarisation within BRICS, which India has resisted.One reason is that India does not want to hurt its

There's no BRICS currency, and none is in the works. Here's what the talk is actually about — de-dollarisation, CBDC links, and why a shared currency is nearly impossible.

दिल्ली में आयोजित होने जा रहे 18वें ब्रिक्स (BRICS) शिखर सम्मेलन पर पूरी दुनिया की नजरें टिकी हैं. भारत की मेजबानी में हो रहे इस सम्मेलन में रूस, चीन, ब्राजील और दक्षिण अफ्रीका समेत संगठन के सभी प्रमुख सदस्य देश हिस्सा ले रहे हैं.  और पढ़ें दरअसल, इस बार ब्रिक्स का आयोजन नई दिल्ली के भारत मंडपम में 12 और 13 सितंबर को किया जा रहा है.

The Kremlin has hit back at US President Donald Trump's fresh US attempts to tighten the economic noose around Russia with sanctions, warning that Washington has no right to punish its allies for maintaining trade ties with Moscow. He accused the US of ruining trust in the dollar by using the currency as a geopolitical weapon. Speaking to India Today in a virtual interaction ahead of the BRICS summit in New Delhi, Kremlin spokesman Dmitry Peskov said Moscow viewed Washington’s attempts to pressure countries trading with Russia as "illegal, unfair and unacceptable". His remarks came after the US Senate passed a sweeping Russia-Iran sanctions bill that could expose major buyers of Russian oil and gas to punitive tariffs. Asked whether sanctions and the threat of penalties against countries trading with Russia were part of discussions surrounding the Ukraine peace process, Peskov said Moscow regarded such measures as an unacceptable interference in trade with its allies. "First of all, we, of course, we do not accept and we consider it to be illegal. Definitely illegal in terms of international law, any attempts to introduce limitations on international trade and to threaten other countries, third parties, for doing trade with others," he...

Russia has rejected the idea that it is pursuing formal de-dollarisation, with Kremlin spokesperson Dmitry Peskov saying Moscow remains open to any acceptable payment method.