TFIGlobal - Five reasons why 34 nations have applied to join BRICS

TFIGlobal
Sep 13, 2024
Five reasons why 34 nations have applied to join BRICS
https://www.youtube.com/watch?v=wIJ9d3ACjAo
In this video, we explore why 34 nations have applied to join the BRICS bloc. With recent tensions between the US and several BRICS members, including Russia, China, and Iran, many countries are seeking alternatives to the dollar-dominated financial system. Discover the top five reasons behind this significant shift: diversification of trade, new payment systems, a potential gold-backed currency, reduced impact from economic sanctions, and increased global economic influence. As the BRICS expands, it represents a challenge to Western economic dominance and aims to create a more balanced global financial system.

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