BRICS Meeting: Iran Pushes for Common Currency — China, Russia Prioritize Settlements in Local Currencies
The first BRICS sherpa assembly with 10 member states has kicked off in Russia with representatives from Brazil, Russia, India, China, South Africa, Saudi Arabia,...
US Senator Marco Rubio Warns BRICS Expansion Threatens Western Sanctions’ Effectiveness
Florida Senator Marco Rubio expressed his worries concerning the rising affect of BRICS, the worldwide group, on this planet’s financial system. According to Rubio, if...
Economists Warn Direct Iran-Israel War Could Trigger Global Recession
Bloomberg’s economists have warned {that a} direct warfare between Iran and Israel might set off a worldwide recession. “Soaring oil prices and plunging risk assets...
Iran Increases Efforts to Join BRICS, Strengthen Ties With Member Countries
Iran has ramped up its efforts to grow to be a member of the BRICS group forward of the financial bloc’s summit. The Iranian deputy...
Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq
Iran’s authorities considers using the Iraqi dinar in bilateral commerce with Iraq in a bid to additional curtail the dominance of the U.S. greenback. The...
BRICS Gold-Backed Currency Will Benefit Iran, Weaken US Dollar, Iranian Official Says
An Iranian official has said that Iran stands to learn from a gold-backed widespread BRICS forex. The official additional asserted that such a BRICS forex...
Iran’s President Says De-Dollarization Key to a Fair International System
Iran’s President Ebrahim Raisi has pushed for de-dollarization, stating that any try to “shape a fair international system” requires the elimination of the U.S. greenback....
Bangladesh Eyes BRICS Invite as Rumors Swirl of Formal Request
In mid-May, a number of studies indicated that Bangladesh and India had been participating in foreign money buying and selling utilizing their respective currencies with...
Iran and Russia Talk Crypto Cooperation, Unveil Tool Streamlining Trade in National Currencies
Experts and enterprise representatives from Iran and Russia have mentioned the potential makes use of of cryptocurrencies and blockchain. The two nations are additionally collaborating...
Iran-Russia Trade Settlements Exceed 60% in National Currencies, Says Joint Chamber Chief
Iran and Russia have elevated cooperation and settled greater than 60% of their bilateral commerce within the Russian ruble and the Iranian rial, based on...