Tag #Brics

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europe.chinadaily.com.cn

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Jul 17, 04:08

BRICS Currency Cooperation: A Long-Term Strategy for Financial Sovereignty

BRICS nations are cooperating to gradually reduce their reliance on the US dollar in international trade and finance, aiming for long-term financial sovereignty rather than immediate de-dollarization, driven by concerns about US use of its financial power.

BRICS Currency Cooperation: A Long-Term Strategy for Financial Sovereignty

BRICS nations are cooperating to gradually reduce their reliance on the US dollar in international trade and finance, aiming for long-term financial sovereignty rather than immediate de-dollarization, driven by concerns about US use of its financial power.

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What are the potential long-term consequences of BRICS's initiatives on the global distribution of economic and political power?

The long-term impact of BRICS currency cooperation could be a more diversified and less US-centric global financial system. While complete dollar replacement is unlikely in the near future, increased use of alternative currencies and a rise in gold reserves indicate a fundamental change in global monetary power dynamics. This evolution might lead to decreased US influence and greater financial autonomy for participating nations.

dw.com

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Jul 16, 19:15

NATO Urges BRICS Nations to Pressure Russia, Threatens Sanctions

NATO's Secretary-General Mark Rutte threatened Brazil, India, and China with US sanctions if they don't pressure Russia to end its war in Ukraine; President Trump announced severe tariffs against Russia and secondary tariffs against countries buying Russian exports.

NATO Urges BRICS Nations to Pressure Russia, Threatens Sanctions

NATO's Secretary-General Mark Rutte threatened Brazil, India, and China with US sanctions if they don't pressure Russia to end its war in Ukraine; President Trump announced severe tariffs against Russia and secondary tariffs against countries buying Russian exports.

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What immediate actions are being taken to pressure Russia to end the war in Ukraine, and what are the potential consequences for BRICS nations?

The Secretary-General of NATO, Mark Rutte, urged Brazil, China, and India to pressure Russia to end the war in Ukraine, threatening these BRICS nations with US sanctions. This follows President Trump's announcement of "very severe" tariffs against Russia if the war isn't resolved within 50 days, and a 100% secondary tariff on countries buying Russian exports.

forbes.com

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Jul 16, 04:12

Silver Outperforms Gold Amidst Rising Demand and Central Bank Interest

Silver prices have surged to a 14-year high, outperforming gold, partly due to Russia's inclusion of silver in its State Reserve Fund and increasing industrial and investment demand; the gold-to-silver ratio currently stands at 88.

Silver Outperforms Gold Amidst Rising Demand and Central Bank Interest

Silver prices have surged to a 14-year high, outperforming gold, partly due to Russia's inclusion of silver in its State Reserve Fund and increasing industrial and investment demand; the gold-to-silver ratio currently stands at 88.

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What are the primary factors driving the recent surge in silver prices, and what are the immediate consequences for the precious metals market?

Since late last year, silver's price has risen to a 14-year high, outperforming gold's 27.5% increase with a 30.6% rise since early January. This surge follows Russia's announcement to include silver in its State Reserve Fund, potentially signaling increased central bank interest in the metal.

elpais.com

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Jul 15, 19:14

Trump Announces US-Indonesia Trade Deal Amidst Indonesian Official Surprise

President Trump announced a trade deal with Indonesia, imposing a 32% tariff despite Indonesian officials' surprise and lack of prior confirmation, highlighting a unilateral approach to trade negotiations.

Trump Announces US-Indonesia Trade Deal Amidst Indonesian Official Surprise

President Trump announced a trade deal with Indonesia, imposing a 32% tariff despite Indonesian officials' surprise and lack of prior confirmation, highlighting a unilateral approach to trade negotiations.

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What are the specific terms of the announced US-Indonesia trade agreement, and what immediate impact does it have on tariffs?

President Trump announced a trade deal with Indonesia, imposing a 32% tariff. This follows a 90-day truce that expired, yet Trump claims a deal despite Indonesian officials expressing surprise at the announcement via Trump's social media. Details remain scarce.

aljazeera.com

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Jul 11, 16:16

Trump Threatens Brazil with 50% Tariffs

President Trump announced a 50 percent tariff on all Brazilian exports, starting August 1, 2025, due to ongoing legal cases in Brazil involving Jair Bolsonaro and US tech companies, prompting a strong rejection from Brazilian President Lula.

Trump Threatens Brazil with 50% Tariffs

President Trump announced a 50 percent tariff on all Brazilian exports, starting August 1, 2025, due to ongoing legal cases in Brazil involving Jair Bolsonaro and US tech companies, prompting a strong rejection from Brazilian President Lula.

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How might Brazil's response to this tariff threat affect its regional and global alliances?

Trump's tariff threat is not merely an economic dispute; it's an attempt to influence Brazilian internal affairs. This escalation reflects a broader trend of using economic pressure to achieve political goals, undermining international norms of non-interference. The incident highlights the increasing friction between the US and Brazil, fueled by ideological differences and diverging views on the role of technology companies.

npr.org

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Jul 11, 01:15

Brazil Threatens Retaliation Over Trump's Tariff Threats

Brazilian President Lula da Silva has threatened retaliatory tariffs against the U.S. in response to Donald Trump's threat of a 50% tax on Brazilian imports, starting August 1st, due to the ongoing trial of former Brazilian president Jair Bolsonaro.

Brazil Threatens Retaliation Over Trump's Tariff Threats

Brazilian President Lula da Silva has threatened retaliatory tariffs against the U.S. in response to Donald Trump's threat of a 50% tax on Brazilian imports, starting August 1st, due to the ongoing trial of former Brazilian president Jair Bolsonaro.

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What are the immediate economic and political consequences of Trump's threatened tariffs on Brazilian imports?

President Luiz Inácio Lula da Silva of Brazil threatened retaliatory tariffs against the U.S. in response to Donald Trump's threat to impose a 50% tax on Brazilian imports starting August 1st. Trump's threat, delivered via social media, was in response to the trial of former Brazilian president Jair Bolsonaro. Lula deemed Trump's claims about the trade relationship inaccurate, noting that the U.S. has a trade surplus with Brazil.

theguardian.com

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Jul 16, 10:10

De-Dollarization Gains Momentum as Global Trust in US Currency Erodes

The US dollar's global dominance is waning as BRICS nations, Africa, and parts of Europe increasingly move toward using national currencies for trade, spurred by declining trust in US financial policies and the weaponization of the dollar.

De-Dollarization Gains Momentum as Global Trust in US Currency Erodes

The US dollar's global dominance is waning as BRICS nations, Africa, and parts of Europe increasingly move toward using national currencies for trade, spurred by declining trust in US financial policies and the weaponization of the dollar.

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What are the immediate consequences of the rising de-dollarization movement on global trade and financial systems?

The US dollar's dominance as the world's reserve currency, established at Bretton Woods in 1944, is facing significant challenges. BRICS nations, now surpassing the G7 in purchasing power parity, are increasingly using national currencies for bilateral trade, bypassing the dollar. This shift is driven by declining global trust in US financial stewardship and the weaponization of the dollar through sanctions.

edition.cnn.com

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Jul 16, 13:14

US Launches Trade Probe into Brazil, Citing Unfair Practices

The United States launched a Section 301 investigation into Brazil's trade practices, citing unfair digital trade policies, preferential tariffs, and intellectual property concerns, despite a US trade surplus with Brazil, potentially escalating trade tensions.

US Launches Trade Probe into Brazil, Citing Unfair Practices

The United States launched a Section 301 investigation into Brazil's trade practices, citing unfair digital trade policies, preferential tariffs, and intellectual property concerns, despite a US trade surplus with Brazil, potentially escalating trade tensions.

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What are the immediate implications of the US launching a Section 301 investigation into Brazil's trade practices?

The United States has initiated a Section 301 investigation into Brazil's trade practices, focusing on digital trade, tariffs, and intellectual property. This action, directed by President Trump, alleges unfair practices harming American businesses and workers, potentially leading to retaliatory tariffs.

tass.com

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Jul 15, 19:14

BRICS Seeks Dollar Alternatives Amid Concerns Over US Sanctions

Russian Foreign Minister Sergey Lavrov stated that BRICS nations are seeking alternatives to the US dollar due to concerns about US sanctions, citing statistics showing a decline in the dollar's share in world trade and referencing President Trump's criticism of the Biden administration's policies a...

BRICS Seeks Dollar Alternatives Amid Concerns Over US Sanctions

Russian Foreign Minister Sergey Lavrov stated that BRICS nations are seeking alternatives to the US dollar due to concerns about US sanctions, citing statistics showing a decline in the dollar's share in world trade and referencing President Trump's criticism of the Biden administration's policies a...

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What are the potential long-term global financial implications of the growing trend of de-dollarization by BRICS nations?

The BRICS move towards de-dollarization signals a potential paradigm shift in global finance. This trend is likely to accelerate, impacting the US dollar's reserve currency status and its ability to exert economic leverage. The long-term consequences could include a more multipolar global financial system with alternative currencies and payment mechanisms gaining prominence.

pda.kp.ru

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Jul 13, 16:11

Lavrov-Wang Yi Talks Highlight Intensified Russia-China Cooperation

Russian Foreign Minister Sergey Lavrov met with Chinese counterpart Wang Yi in Beijing on July 15, following talks with US Secretary of State Marco Rubio in Malaysia on July 10, discussing Ukraine, Taiwan, and the US sanctions, showcasing intensified Russo-Chinese cooperation.

Lavrov-Wang Yi Talks Highlight Intensified Russia-China Cooperation

Russian Foreign Minister Sergey Lavrov met with Chinese counterpart Wang Yi in Beijing on July 15, following talks with US Secretary of State Marco Rubio in Malaysia on July 10, discussing Ukraine, Taiwan, and the US sanctions, showcasing intensified Russo-Chinese cooperation.

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How does the increasing frequency of high-level meetings between Russia and China reflect changing geopolitical dynamics and alliances?

The intensified Russia-China diplomatic engagement reflects a rapidly evolving geopolitical landscape, where both nations are actively responding to Western policies and seeking to coordinate their responses. Lavrov's discussions with Rubio and subsequent meeting with Wang Yi highlight the complex interplay between these three major powers.

dw.com

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Jul 11, 13:13

Trump Imposes 50% Tariff on Brazilian Exports, Citing Bolsonaro Investigation

Donald Trump announced a 50% tariff on Brazilian exports to the US, starting August 1st, citing political reasons related to an investigation of former Brazilian President Jair Bolsonaro. Brazil's President Lula plans to use the Reciprocity Law in response, although its impact remains unclear. Econo...

Trump Imposes 50% Tariff on Brazilian Exports, Citing Bolsonaro Investigation

Donald Trump announced a 50% tariff on Brazilian exports to the US, starting August 1st, citing political reasons related to an investigation of former Brazilian President Jair Bolsonaro. Brazil's President Lula plans to use the Reciprocity Law in response, although its impact remains unclear. Econo...

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What are the immediate economic and political consequences of Trump's 50% tariff on Brazilian exports?

Donald Trump announced a 50% tariff on Brazilian exports to the US, citing an investigation into Jair Bolsonaro as a "witch hunt". Brazilian President Lula responded by invoking Brazil's Reciprocity Law, though its effects remain uncertain. Economic impacts on Brazil are expected to be limited in the short term.

dw.com

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Jul 10, 19:15

Trump Threatens Tariffs Against BRICS-Supporting Nations

Facing growing influence of the BRICS alliance, President Trump threatened a 10% tariff on goods from supporting nations, starting Wednesday, aiming to curb their challenge to the US dollar's global dominance.

Trump Threatens Tariffs Against BRICS-Supporting Nations

Facing growing influence of the BRICS alliance, President Trump threatened a 10% tariff on goods from supporting nations, starting Wednesday, aiming to curb their challenge to the US dollar's global dominance.

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What are the immediate economic and political consequences of Trump's tariff threat on countries supporting BRICS?

President Trump threatened a 10% tariff on goods from nations supporting the BRICS alliance, citing "anti-American policies." This follows a 90-day tariff suspension ending Wednesday, with the White House confirming letters to several countries regarding the new tariffs. The move underscores growing US concern over BRICS's expanding influence.

Showing 61 to 72 of 305 results