In a spectacular display of naval prowess in defiance of US sanctions and threats, the two-ship Iranian flotilla comprising the Moudge-class frigate Dena and Makran forward base ship returned home to a triumphant welcome on Sunday after a round-the-globe cruise

Argentina and Brazil aim to devise a mechanism to omit the US dollar in bilateral trade.

The US is no longer the world’s unchallenged superpower, as key emerging powers are not inclined to support Washington in its standoff with Moscow and Beijing.

The days of US dollar hegemony appear to be numbered as multiple countries have adopted alternative currencies to the US dollar for international transactions.

A worldwide movement gaining momentum and the transition towards the multipolar world has put an end to the dominance of the US dollar, says a US-based activist.

Moscow is "interested" in ending the year-long war in Ukraine "as soon as possible", Russia's foreign minister Sergei Lavrov said on Monday following his meeting with Brazilian counterpart Mauro Vieira in Brasilia.

Brazil's president hails the quality of his country's ties with China amid his apparent bid to reconstruct the relations.

Brazil’s President Luiz Inacio Lula da Silva has visited China on a state visit that aims to set relations between the two emerging powers back on track.

Iran’s IRISL is planning to launch a direct container shipping route to Brazil in July.

China and Brazil reach a deal to trade in their own currencies.