The BRICS alliance has been increasingly releasing anti-U.S. dollar rhetoric that appears to be a coordinated effort by the economic block to dethrone the dollar as the world’s reserve.
The ball is now back in Tehran's court - if Iran is not deterred, further escalation may occur.
Discussions with other BRICS members centered around maintaining fair pricing and growth of precious metals
Blinken and Netanyahu discuss Iran's attacks on Israel as Putin warns of Middle East edging toward large-scale conflict.
The Russian president said that unless Palestinians got a separate state, the region would remain in an atmosphere of eternal crisis.
The expansion of BRICS into countries that are close to the West shows how many states are hedging their bets on this non-western group of powerful economies.
Putin confirms Russia is looking to alternative currencies amid U.S. sanctions; falls short of outlining details of rumored gold-backed currency plans
Putin ahead of BRICS: The U.S. did it themselves. They thought we would collapse; Russian president says 95% of foreign trade now conducted in national currencies.
BRICS Gold Rush: These emerging economies hold a staggering 20% of the world's gold. What does it mean for the global economy?
President Vladimir Putin is keen to build up BRICS - which has expanded to include Egypt, Ethiopia, Iran and the United Arab Emirates as well as Brazil, Russia, India, China and South Africa.