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The BRICS bloc is intensifying efforts to reduce reliance on the US dollar, marking a tangible shift toward de-dollarization. With over 6,000 tons of gold reserves and a growing network of alternative payment systems, member nations are laying the groundwork for a potential BRICS currency. Analysts say the bloc’s approach is no longer theoretical—it is…
The BRICS coalition stands as one of the most significant geopolitical developments of the 21st century, representing a fundamental shift in global economic power dynamics. Originally coined by Goldman Sachs economist Jim O’Neill in 2001 as “BRIC,” the acronym identified Brazil, Russia, India, and China as emerging economies poised to reshape the world order. South…
Key Takeaways: India is poised to become the driving force behind BRICS economic expansion, with Morgan Stanley projecting it as the fastest-growing economy in the bloc through 2026. The investment bank’s bullish forecast signals a transformative shift in global economic dynamics — one led by India’s surging domestic demand, capital investment, and policy reforms. India…