BRICS Alliance Challenges US Dollar Dominance and Hosts Putin in South Africa.

TL;DR Summary
BRICS nations are considering a shared currency for international trade to shield member countries from the impact of sanctions imposed by the US and European countries. The New Development Bank, created by BRICS nations, is reportedly considering proposals for the shared currency. A backlash is brewing against the hegemony of the US dollar, with countries seeking to bypass it in trade deals. The US dollar is being weaponised to push America’s foreign-policy priorities and punish those that oppose them, according to experts.
- Greenback backlash: BRICS 'common currency' targets economic weaponisation of US dollar WION
- BRICS set to defy West, to host Putin in S Africa The Tribune India
- Could BRICS challenge U.S. dominance in the global economy? | Inside Story Al Jazeera English
- Russia, China seek world power 'rebalancing' with G7-alternative: 'indispensable mechanism' Fox News
- BRICS set to defy West, ready to host Russian President Vladimir Putin in South Africa The Tribune India
Reading Insights
Total Reads
0
Unique Readers
9
Time Saved
2 min
vs 2 min read
Condensed
79%
385 → 82 words
Want the full story? Read the original article
Read on WION