Tag: BRICS

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Trump to the BRICS: “Don’t muscle in on my currency turf.”

The expansion of the BRICS alliance has been happening without any noticeable concern by the outgoing Biden-Harris administration. I heard no mention of BRICS by former Democratic presidential candidate Kamala Harris during her 2024 campaign. As potential de jure head of state, one would think that both her and the presumptive president-elect, Donald Trump, would … Continue reading Trump to the BRICS: “Don’t muscle in on my currency turf.”

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As BRICS expands, what is the Federal Reserve looking at in terms of rates at 8:12 am EST, 24 August 2023.

At issue currently is the division among current members as to how fast the coalition should grow. In addition, there is also the issue of having an infrastructure in place that can support the movement of financial capital in a bloc made up of 40% of the world’s population. Continue reading As BRICS expands, what is the Federal Reserve looking at in terms of rates at 8:12 am EST, 24 August 2023.