In his latest trade-related tirade, President-elect Donald Trump has set his sights on a group of emerging-market countries collectively known as the BRICS. Over the weekend, Trump took to his Truth ...

The analysis outlines three paths ahead: a gradual rise in BRICS influence driven by local-currency trade and reserve ...

The leaders of the world’s top emerging economies arrived at the western Russian city of Kazan where president Vladimir Putin is hosting the 16th Brics summit, the first gathering of the bloc since ...

Russia, during the upcoming Brics summit at Kazan, is expected to push for a new international payment platform that it hopes would rival the current system of fiat money — and gold could be a crucial ...

President-elect Donald Trump on Saturday demanded a group of developing countries commitment to the use of the U.S. dollar as their reserve currency and threatened to impose a 100 percent tariff if ...

BRICS nations’ push to trade in local currencies reflects frustration with dollar dominance and signals a shift in the global ...

(CNN) — President-elect Donald Trump said he would require countries that are part of BRICS — a China- and Russia-backed group of emerging economies — to commit to not creating new currency or face ...

Threats by Donald Trump to impose 100% tariffs on BRICS countries if they seek to develop an alternative to the dollar are empty words that could backfire, economists say. In late November, Trump used ...