Brics news and trends

Russia Calls on BRICS Countries to ‘Ring Fence’ New Cross-Border Payments Network
Cross-border Payments // October 11, 2024

Russia reportedly aims to create a new system for cross-border payments between BRICS countries. A report that includes this plan was published ahead of an annual BRICS summit that will be held Oct. 22-24, Bloomberg reported Friday (Oct. 11). BRICS includes as members Brazil, Russia,...

EMEA Daily: Strauss & Co. Hosts NFT Auction for Fine Wines; Apple Faces More EU...
International // April 11, 2022

In today’s top Europe, Middle East and Africa news, South African auction house Strauss & Co. will offer fine wine non-fungible tokens to the highest bidders, and Apple is facing another antitrust charge in the European Union following a complaint about Spotify. Plus, Contis, the...

BRICS Drives Mobile Payments Growth Last Decade
International // December 19, 2019

A few decades ago, a certain acronym was a darling of Wall Street, a place where acronyms thrive. BRIC. And, later, BRICS. Shorthand for Brazil, Russia, India, China and then, adding the S, South Africa. Back at the dawn of the millennium, the acronym was shorthand for...

Quick Reads
Putin: No Plans to Create BRICS Cross-Border Payments System

October 25, 2024
Russian President Vladimir Putin reportedly said Thursday (Oct. 24) that there are no plans to create a new system for cross-border payments between BRICS countries. Speaking at a summit of BRICS countries — which include Brazil, Russia, India, China and South Africa — Putin said the existing financial messaging systems run by BRICS central banks […]

Russia Calls on BRICS Countries to ‘Ring Fence’ New Cross-Border Payments Network

October 11, 2024
Russia reportedly aims to create a new system for cross-border payments between BRICS countries. A report that includes this plan was published ahead of an annual BRICS summit that will...

EMEA Daily: Strauss & Co. Hosts NFT Auction for Fine Wines; Apple Faces More EU...

April 11, 2022
In today’s top Europe, Middle East and Africa news, South African auction house Strauss & Co. will offer fine wine non-fungible tokens to the highest bidders, and Apple is facing...