In a statement a senior Chinese diplomat said, Beijing wants to expand the group of emerging economies known as BRICS. The development will mark the first shake up of the bloc in over a decade. The bloc was formed in… Read More ›
BRICS
Russia’s SWIFT alternative SPFS gaining traction
In a significant development that marks the de-dollarization in the global economy, Russia’s finance ministry said, Moscow has called on the BRICS countries to extend the use of national currencies and integrate payment systems. Western sanctions have weighed down the… Read More ›