It's yet another push towards dedollarization as countries attempt to wean off use of the greenback

Russia could become a significant BRI-style investor in the global south

In the last year, Brazil has launched a diplomatic offensive to position itself as a leader in global governance, especially climate. Amid deepening cleavages between the world’s most advanced economies and the Global South, Brazil defends multilateralism and dialogue with historically Western-dominated international institutions while highlighting the grievances of the poorest countries

The BRICS nations didn't end up announcing a new currency at their meeting this year. But Jim Rickards believes it's still in the cards — and it could be backed by gold

The government is set to take up its first New Development Bank-funded project to ensure safe water supply for Dhaka residents

Although the Serbian media generally underreport Tamara's activities, all in order to hide her unpopular behavior, the news travels through the grapevine, prompting protests and angry rebukes from patriotic organizations and political parties.