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The Brics Summit Currently Underway

The BRICS Summit currently underway in Johannesburg explores expansion and a shared currency, challenging the US dollar’s dominance. The annual BRICS

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Negotiations on New BRICS Currency Underway As

Recently

Recently 19 countries, among them Saudi Arabia and Iran, have enquired about joining the BRICS bloc, which was established by Brazil, Russia, India, China, and

Saudi Arabia sits on fence over BRICS with eye on vital ties with US

BRICS Summit: Paving The Way For Shared Currency And

At The Meeting

At the meeting, the leaders representing the BRICS (Brazil, Russia, India, China, and South Africa) nations discussed plans to reduce their dependence on the U.S. dollar.

The BRICS announced that they would continue to

A single BRICS currency is out of the question now. The member countries want to find ways to ensure mutual trade and economic projects so as not to depend on the

Brazil Is Currently Presiding Over

Brazil is currently presiding over BRICS. Riyadh does not want to risk U.S. anger as negotiations are underway with Washington, one of the sources and a diplomat said.

As the push for de-dollarization continues, BRICS currency negotiations are currently underway. Moreover, ahead of the annual summit set to take place this summer, the