The BRICS economic alliance is showing internal divisions over de-dollarization efforts, with India emerging as a key dissenter. Despite the bloc’s long-standing goal to reduce reliance on the US dollar, India’s foreign minister Subrahmanyam Jaishankar has stated they have “no interest” in replacing the dollar for BRICS trade settlements, calling it a “source of international economic stability.” This fracture within BRICS comes amid increased tensions with the West, particularly as President Trump threatens 150% tariffs.

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What Switzerland’s Gold Freeze Means for Investors
Switzerland’s SNB is holding firm on its 1,040-tonne gold position — and generating billions doing it. Here’s why that “freeze” is one of the strongest signals in today’s gold market.




