BRICS crisis: India's shock rejection of the new world currency!

BRICS crisis: India's shock rejection of the new world currency!

BRICS is on the brink! At the 16th summit in Russia's Kazan region, President Putin proudly presented a new currency. One that should rock the dollar. But the plans could now be stalled. The news hit like lightning: India is turning its back on the dream of a BRICS common currency and is withdrawing. Foreign Minister S. Jaishankar made it clear: dependence on the US dollar will not be given up. Indian and American relations are far too valuable to be jeopardized.

Meanwhile, a bang from the USA is causing a stir: the returned Trump is threatening hefty 100% tariffs on imported goods! This alarmed the BRICS countries and caused plans for a new common currency to falter. Loud Report from watcher.guru India also had no desire for confrontation. “There is a personal relationship between Modi and Trump,” Jaishankar stressed. With the USA as the most important trading partner, the maneuver goes completely against India's interests. The big power game continues – pure decision-making drama!