Mastercard and Visa halted operations in Russia. Most Russian banks only take US dollars or euros to exchange for rubles.

Yuri Ushakov, foreign policy aide to Putin, stated that 36 countries have confirmed their participation, with over 20 ...

The war in Ukraine hangs over a Kazan summit aimed at showing that Western attempts to isolate Russia have failed.

Given this context, the concept of a BRICS currency remains an ambitious long-term goal rather than an achievable short-term ...

The BRICS summit is currently underway in Kazan, Russia. "And, you know, we don't view the BRICS arrangement as some sort of, ...

A gold-backed BRICS common currency is unlikely in the short term as it would require a synchronised monetary policy, experts ...

The summit, which leaders from two dozen nations will attend, is the largest event Russia has hosted in years.

Plus: Xi and Putin meet in Russia, looking at BRICS efforts to weaken dollar dominance, why Kazakhstan turned down BRICS ...

BRICS members are looking to create a new digital currency. Experts weigh in on the feasibility of a new BRICS currency.

The developing world arrived in Kazan, the capital of Republic of Tatarstan, driving by economic transformation proposals ...

Russian President Vladimir Putin is hosting the annual summit of BRICS, a high-prestige stage that offers him an opportunity ...

BRICS Pay is a proposed international payment system for members of the Brics grouping. It would use already existing ...