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BRICS Shifting Global Dynamics: 20 More Countries Set to Permanently Ditch US Dollar in 2024!
In this video, I delve into the shifting global dynamics that are set to reshape the international trade landscape in 2024 and beyond. Prepare to witness a significant departure from the long-standing US dollar-dominated system as 20 countries embark on a historic move to abandon its dominance in favor of their native currencies. Spearheaded by the expansion of BRICS (Brazil, Russia, India, China, & South Africa), this transformation marks a monumental shift in global economic power.
The BRICS has witnessed steady growth and influence, leading to Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE officially joining the bloc on Jan/1/24. As a collective, these nations encompass an impressive 30% of the world's land surface & embrace 45% of the global population.
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Link to articles:
https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/
https://examiner.com/16-nations-set-to-abandon-us-dollar-in-2024-brics-reports/
https://www.forbes.com/sites/greatspeculations/2023/08/28/the-growing-role-of-brics-on-the-world-stage/
https://brics-russia2024.ru/en/
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