Putin's dollar surprise: Russia sticks with the US dollar!
Russia: Despite Trump's victory, the US dollar will not be abandoned. In the interview, Putin confirms that BRICS is developing an alternative system.
Putin's dollar surprise: Russia sticks with the US dollar!
Putin causes a stir: Russia says US dollar thinking is here to stay – for now! In a sensational interview, Russia's president emphasized that his country is not giving up its "green power" but is simply no longer making settlements in the currency. The dollar remains a “pillar of American power,” but US strength is dwindling, Putin explained. as watcher.guru reports.
The BRICS group, which has long been on the path to de-dollarization, is stubbornly developing its own payment system, motivating financial independence and thereby questioning Western dominance. Although dollar payments are decreasing, Russia is not ready to ban the dollar entirely. A surprising step, because while BRICS is talking about de-dollarization, Russia is relying on a pragmatic approach.
It will be exciting because Donald Trump has toyed with the idea of easing sanctions and strengthening the dollar. His return to the White House could change things. Putin and Xi Jinping are ready for talks - perhaps we will have a future in which BRICS and the dollar coexist peacefully. The developments remain exciting and the world is watching with excitement on this geopolitical stage.