Herbert Poenisch

Brics currencies have been mentioned, but a common Brics currency backed by gold was off the agenda at the July Brics summit in Rio de Janeiro.

Brics currencies are no realistic alternative to the US dollar

2025-07-24T08:27:24.000Z
Russia's President Vladimir Putin at the Brics summit in Kazan on Oct 24, 2024.
THE BOTTOM LINE

Brics looks increasingly like a paper tiger

2024-10-30T21:00:00.000Z
Beijing hosted the third plenum of the Chinese Communist Party's central committee from July 15-18, 2024. A new policy direction under Xi Jinping's leadership is taking shape. across China.
THE BOTTOM LINE

China looks inward for technology, investment and know-how

2024-07-24T21:00:00.000Z
The problems that China is facing include the lack of effective demand, the excess capacity in some industries and weak social expectations.
THE BOTTOM LINE

Outlook 2024: China unusually candid about economic challenges

2024-01-09T21:00:00.000Z
Brics countries have to resolve a perennial problem – how to move from bilateral to multilateral clearing and to a common currency.
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Brics common currency would be no threat to the US dollar

2023-06-14T10:25:11.000Z