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BRICS revolution: New payment systems threaten dollar dominance!
BRICS Initiative: New payment system announced for non-members to conduct trade without US dollars.
BRICS revolution: New payment systems threaten dollar dominance!
Holla the forest fairy, something is brewing! The BRICS countries, led by Russian Foreign Minister Sergey Lavrov, have big plans. Brazil, the chair of the upcoming summit, is proposing a new payment system that leaves out the US dollar. This means that even countries that do not belong to the BRICS will be able to conduct trade and cross-border transactions in other currencies in the future. This could mean a painful decline for the greenback! There are undoubtedly details about this bold step in the watcher.guru report.
The BRICS train is rolling – off the western tracks! The new payment system should be completely independent of established mechanisms such as SWIFT, the euro or the pound. Sergey Lavrov is confident: Countries outside the BRICS could also access this revolutionary financial tool, which does not allow any external influence. The exact start date of the system is still a well-kept secret - but the cards will be put on the table at the upcoming 17th summit round in Rio de Janeiro on July 7th and 8th, 2025. Well, that can be exciting! The provides a comprehensive overview of the situation Report on watcher.guru.