BRICS

The US has started an investigation into Brazil’s trade policies, focusing on whether its Pix payment system unfairly affects American companies. Officials are also looking at tariffs, digital rules, and how Brazil treats US tech firms.

The Middle East is witnessing a dangerous escalation as Israeli airstrikes target sensitive Iranian sites. However, a notable absence has emerged amid the turmoil: the strategic silence of the BRICS nations.

BRICS may be facing a potential rift after India publicly announced its decision to opt out of the bloc’s de-dollarization initiative.

Russian Foreign Minister Sergey Lavrov recently announced that 67% of trade within the BRICS bloc is now carried out using national currencies — a dramatic departure from previous norms.

China is mounting a global campaign to counter Trump’s trade tactics and position itself as a defender of global norms. Xi’s envoys call Trump’s 90-day reprieves a “divide and conquer” move, but US allies remain wary of drawing too close to Beijing.

As global monetary tensions escalate and the US-China trade rivalry intensifies, Beijing is making a bold move to disrupt the dollar’s supremacy by launching its own international payment system, aiming to redefine global financial flows and accelerate the rise of a multipolar economic order.

Brazil is making headlines in the cryptocurrency world with a revolutionary proposal that could redefine how workers are paid.

U.S President Donald Trump has found a new target for its Tariff wars-BRICS. To make the dollar great again, President Trump has announced that he would be imposing a 100% tariff on imports from any country adopting the BRICS currency. If enacted, it would double the cost of imported goods in the U.S., hence disrupting the trade and glocal economics dynamics.

China plans to build a blockchain-powered national data infrastructure by 2029, focusing on secure data exchange and privacy protection. The initiative includes pilot projects, blockchain-based data markets, and advanced security measures, with significant investment expected over the next five years.

During the summit, Putin president Putin shocked the world by saying that "the middle East is on the brink of a full-scale war after a sharp rise in tension between Israel and Iran."