Russian President Vladimir Putin has emphasized that “the time has come” for BRICS nations to create an economic platform to unlock their growing economies’ potential.
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US Sanctions on Russia Backfire, Elevating BRICS as a ‘Genuine Financial Threat’
Western sanctions on Russia have backfired, bolstering BRICS as nations seek alternatives to Western financial control, according to a former U.S. state senator. Former Senator:
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Escaping Financial Control: Why BRICS Is Shifting Away From US Dollar System
Why BRICS nations are moving away from the U.S. dollar system: a Russian official described a strategic shift attracting countries looking beyond Western-led systems. A
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Critics: G7’s $50 Billion Russian Assets-Backed Loan Might Upset the West’s Financial Stability
The G7’s finalized deal approving a Russian assets-backed loan of $50 billion to support the Ukrainian war effort has the potential to upset the Western
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Russia Warns of Global Market Shock if Frozen Assets Are Tapped, Intensifies Sanctions Threat
Russia cautions that using frozen Russian assets could trigger profound shocks to global markets, spurring developing nations to bypass the U.S. dollar. Russia’s Asset Countermoves:
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Russia Drives Dedollarization Forward With BRICS — Brazil Now Leads Next Steps
Russia’s push for BRICS to abandon the U.S. dollar has reached critical milestones, with formalized agreements and functioning alternatives to Western financial systems now in
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