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Iran is pushing BRICS toward a new financial architecture that could reduce reliance on the U.S. dollar and SWIFT. Tehran has proposed a dedicated “financial corridor” linking national payment systems and expanding trade settlements in local currencies. Iranian officials say BRICS members have welcomed the framework, which aims to cut transaction costs, accelerate payments and connect banking infrastructure across the bloc. Russia, China and Iran already have key elements of such connectivity in place. But could this Iranian proposal eventually give BRICS a powerful financial route beyond Western-controlled systems and sanctions?

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Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in ‘The Eisman Playbook’ carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it’s advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money you can afford to lose. Derivatives are unsuitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell, or retain any specific investment or service.

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Investing in the share market, including equity, derivatives, commodity, and currency, involves market risk, and past performance is not indicative of future results. The risk of loss can be substantial, and it may not be suitable for everyone. Please ensure you fully understand the risks involved and invest at your own risk. We are not a SEBI registered advisor, and this channel is for educational purposes only. Neeraj Joshi and any person associated with this channel accept no liability for any content uploaded on this channel or responsibility for any direct, indirect, implied, punitive, special, incidental, or consequential damages arising from actions taken based on the information provided on this channel.

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National Gambling Board is warning against betting as a quick fix to unemployment and financial hardships. The Board says the scale of gambling is staggering, with just seven days of gambling equivalent to the entire R54-billion national student funding budget. National Gambling Board’s Acting CEO Lungile Dukwana says many view gambling as a survival measure, not as a recreational activity. Dukwana explains further.

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