BRICS declares war on the dollar: new payment offensive starts!

BRICS declares war on the dollar: new payment offensive starts!

Things are boiling in the BRICS bloc! The Russian diplomat Sergey Ryabkov has announced clearly: No going back on the new BRICS payment system! The world-changing announcement came at the Sherpa meeting. The ambitious goal? Kicking the US dollar out of the running and settling cross-border payments in a basket of local currencies. Away with the dollar, welcome domestic currencies! Ryabkov is convinced: “The glass is always half full,” referring to the positive developments within the BRICS countries. A new world begins now, as watcher.guru reports.

But why all the fuss? The new payment system enters the ring to protect the economies of developing countries from US sanctions. Enough of “hostile states” that, according to Ryabkov, want to reduce the opportunities of emerging countries. The launch of the BRICS payment system is a critical turning point - a point of no return, as the diplomat noted. The BRICS countries are doing everything they can to make this milestone a success. Exciting times lie ahead and the impact on global finance could be enormous! provides details on these developments the full report on watcher.guru.