Member countries of the BRICS economic bloc are moving to conduct more trade among themselves in their own national currencies, a shift that reflects a growing...
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Month: September 2026
Putin tells BRICS summit that emerging economies are displacing the West’s grip on global growth
Russian President Vladimir Putin used a BRICS summit appearance to argue that the world’s major emerging economies are taking over as the primary drivers of global...
Finance Ministers and Central Bank Governors Back MDB Reform and Local-Currency Trade at Global Meetings
Senior finance officials from major economies have pledged to push forward reforms at multilateral development banks and to expand trade settled in local currencies, signaling a...
Global Bond Markets Stabilize as U.S. Inflation Data Comes Into Focus
Bond markets around the world found some relief in recent trading, with yields pulling back from recent highs as investors waited for fresh signals from U.S....