Moscow Proposes Autonomous BRICS Payment System
Moscow proposes a blockchain-based payment system for BRICS to reduce reliance on the U.S. dollar, aiming for cost-effectiveness and independence.
MiyukiMoscow proposes a blockchain-based payment system for BRICS to reduce reliance on the U.S. dollar, aiming for cost-effectiveness and independence.
MiyukiRussia's plan to expand BRICS to 40 nations challenges Western economic dominance, signaling a major shift in global power dynamics.
SanyaRussia leads BRICS in a strategic push for increased IMF influence, signifying a shift in global financial power dynamics.
AlexIran's entry into BRICS and the quest for a unified currency is a bold maneuver in international relations. It challenges the established financial order and reflects the dynamic nature of global power structures. As this narrative unfolds, it captivates global attention, potentially heralding a critical chapter in the history of global finance.
EdmundRussia, led by President Putin, plans to expand BRICS, welcoming Saudi Arabia, UAE, Egypt, Iran, and Ethiopia, signaling a global power shift. This contrasts with Argentina's skepticism under President Milei, rejecting BRICS over financial concerns.
EdmundGlobal adoption of CBDCs, with over 130 countries involved, poses a significant threat to the US dollar's dominance in international finance. As the BRICS alliance advances alongside CBDC developments, 2024 emerges as a pivotal year defining the dollar's future amidst escalating de-dollarization efforts.
JoyArgentina, faces a pivotal juncture with the rejection of a BRICS alliance invitation, substantial Peso devaluation, and ambitious plans for dollarisation, raising uncertainties about the nation's economic future.
Hui XinBRICS nations are spearheading a strategic de-dollarisation movement, challenging the long-standing dominance of the US dollar in global trade and signalling a transformative shift in the traditional financial order.
JasperBRICS accelerates de-dollarisation efforts with digital Yuan amid expanding influence.
Hui XinCuban President Miguel Diaz-Canel says the economic coalition known as BRICS could bring an end...
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