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BRICS Foreign Ministers Meeting: Key Takeaways & Implications for Global Trade š
Following a crucial meeting in Rio de Janeiro, foreign ministers from BRICS nationsāSouth Africa, Saudi Arabia, Brazil, China, Egypt, UAE, Ethiopia, Indonesia, India, Iran, and Russiaātackled some game-changing topics. However, full consensus wasnāt reached on all issues. Hereās what you need to know:
Key Highlights from the Meeting:
šø Local Currency Usage in Trade:
Ministers emphasized the growing importance of using local currencies for trade and financial settlements within the BRICS bloc and with external partners. Is this the dawn of a de-dollarization movement? š¤
āļø Cautious Approach to De-dollarization:
Although the push for local currencies gained attention, discussions on moving away from the US dollar were approached with caution. The concept is gaining ground, but many obstacles remain.
š„ Trumpās Warning:
Former President Trump has threatened to impose 100% tariffs if BRICS nations push forward with these moves, a warning thatās certain to stir tensions. Despite this, BRICS remains committed to reducing its reliance on the US dollar. šµ
š·šŗ Russian Foreign Ministerās Statement:
Russiaās Foreign Minister Lavrov noted that itās too early to consider a unified currency for the BRICS countries, recognizing the complexity of such an undertaking. š
š WTO & Free Trade:
Ministers also reaffirmed their support for strengthening the World Trade Organization (WTO), pushing back against protectionist policies that threaten free trade. š
š± Climate Change Commitment:
The group reaffirmed its dedication to the Paris Agreement, urging global efforts to combat climate change. š
What Does This Mean for Global Trade?
With rising tensions over protectionism and a potential move away from the US dollar, BRICS is actively working to reshape the global trade landscape. However, the outcome remains uncertain as these major economies navigate these complex issues. š
š¬ Whatās your take on the de-dollarization debate?
Can BRICS succeed in establishing a more independent trade system?
š Share your thoughts in the comments below!
#BRICS #WToken #BinanceAlphaAlertšŗšæ #CryptoNews
Key Highlights from the Meeting:
šø Local Currency Usage in Trade:
Ministers emphasized the growing importance of using local currencies for trade and financial settlements within the BRICS bloc and with external partners. Is this the dawn of a de-dollarization movement? š¤
āļø Cautious Approach to De-dollarization:
Although the push for local currencies gained attention, discussions on moving away from the US dollar were approached with caution. The concept is gaining ground, but many obstacles remain.
š„ Trumpās Warning:
Former President Trump has threatened to impose 100% tariffs if BRICS nations push forward with these moves, a warning thatās certain to stir tensions. Despite this, BRICS remains committed to reducing its reliance on the US dollar. šµ
š·šŗ Russian Foreign Ministerās Statement:
Russiaās Foreign Minister Lavrov noted that itās too early to consider a unified currency for the BRICS countries, recognizing the complexity of such an undertaking. š
š WTO & Free Trade:
Ministers also reaffirmed their support for strengthening the World Trade Organization (WTO), pushing back against protectionist policies that threaten free trade. š
š± Climate Change Commitment:
The group reaffirmed its dedication to the Paris Agreement, urging global efforts to combat climate change. š
What Does This Mean for Global Trade?
With rising tensions over protectionism and a potential move away from the US dollar, BRICS is actively working to reshape the global trade landscape. However, the outcome remains uncertain as these major economies navigate these complex issues. š
š¬ Whatās your take on the de-dollarization debate?
Can BRICS succeed in establishing a more independent trade system?
š Share your thoughts in the comments below!
#BRICS #WToken #BinanceAlphaAlertšŗšæ #CryptoNews
šØ BRICS Foreign Ministers Meeting: Key Takeaways & Global Trade Implications š
After a significant meeting in Rio de Janeiro, the BRICS foreign ministers from South Africa, Saudi Arabia, Brazil, China, Egypt, UAE, Ethiopia, Indonesia, India, Iran, and Russia discussed some game-changing topics ā but couldnāt reach full consensus on all points. Hereās what you need to know:
Key Points from the Statement:
šø Local Currency Usage in Trade:
The ministers highlighted the importance of local currencies for trade and financial settlements within the BRICS bloc and with their partners. Could this be the beginning of a de-dollarization movement? š¤
āļø Caution on De-dollarization:
While the push for local currencies was emphasized, discussions around de-dollarization were approached cautiously. The idea is gaining traction, but there are still significant hurdles.
š„ Trumpās Threat:
Former President Trump warned of 100% tariffs if the bloc moved further in this direction ā a threat thatās sure to cause tension. But the BRICS remains steadfast, pushing for more independence from the US dollar. šµ
š·šŗ Russian Ministerās Statement:
Russian Foreign Minister Lavrov emphasized that itās too soon to discuss a single currency for BRICS, recognizing the complexities involved. š
š WTO & Free Trade:
The ministers also stressed the importance of strengthening the World Trade Organization (WTO), condemning protectionist measures that threaten free trade. š
š± Climate Change Commitment:
They reaffirmed their commitment to the Paris Agreement, urging all countries to continue their efforts to combat climate change. š
What Does This Mean for Global Trade?
With tensions rising over protectionism and a potential shift away from the US dollar, BRICS countries are looking to reshape the landscape of global trade. However, the future remains uncertain as these major economies navigate these complex issues. š
š¬ Whatās your take on the de-dollarization debate? Will BRICS succeed in creating a more independent trade system?
š Drop your thoughts in the comments below!
Key Points from the Statement:
šø Local Currency Usage in Trade:
The ministers highlighted the importance of local currencies for trade and financial settlements within the BRICS bloc and with their partners. Could this be the beginning of a de-dollarization movement? š¤
āļø Caution on De-dollarization:
While the push for local currencies was emphasized, discussions around de-dollarization were approached cautiously. The idea is gaining traction, but there are still significant hurdles.
š„ Trumpās Threat:
Former President Trump warned of 100% tariffs if the bloc moved further in this direction ā a threat thatās sure to cause tension. But the BRICS remains steadfast, pushing for more independence from the US dollar. šµ
š·šŗ Russian Ministerās Statement:
Russian Foreign Minister Lavrov emphasized that itās too soon to discuss a single currency for BRICS, recognizing the complexities involved. š
š WTO & Free Trade:
The ministers also stressed the importance of strengthening the World Trade Organization (WTO), condemning protectionist measures that threaten free trade. š
š± Climate Change Commitment:
They reaffirmed their commitment to the Paris Agreement, urging all countries to continue their efforts to combat climate change. š
What Does This Mean for Global Trade?
With tensions rising over protectionism and a potential shift away from the US dollar, BRICS countries are looking to reshape the landscape of global trade. However, the future remains uncertain as these major economies navigate these complex issues. š
š¬ Whatās your take on the de-dollarization debate? Will BRICS succeed in creating a more independent trade system?
š Drop your thoughts in the comments below!
Harald I HĆ„rfagre:
Fossi in loro sceglierei di utilizzare, la moneta esistente di un unico stato, per esempio yuan e sostituirla con il dollaro, allora si che sarebbero dolori per lāeconomie occident
š BRICS SHAKES THE GLOBAL ORDER! Key Takeaways from the High-Stakes Foreign Ministers Meeting šØ
The BRICS blocānow a powerhouse with **South Africa, Saudi Arabia, Brazil, China, Egypt, UAE, Ethiopia, Indonesia, India, Iran, and Russia**ājust wrapped up a **critical meeting in Rio de Janeiro**, and the implications are HUGE! While full consensus wasnāt reached, the discussions could **reshape global trade forever**. Hereās the explosive breakdown:
### **š„ KEY TAKEAWAYS THAT COULD CHANGE THE GAME**
**šø DE-DOLLARIZATION ON THE TABLE?**
The bloc is **pushing hard for trade in local currencies**, signaling a potential **shift away from the US dollar**! But not everyoneās ready to go all-inā**Russiaās Lavrov says a single BRICS currency is still far off**. Will this be the beginning of the end for dollar dominance? š
**šØ TRUMPāS FIERY WARNING!**
Former President Trump just **threatened 100% tariffs** if BRICS moves further toward ditching the dollar. Tensions are **heating up fast**āwill the bloc stand firm, or will pressure from the West force a retreat? š£
**āļø WTO & FREE TRADE UNDER FIRE**
BRICS slammed **protectionist policies** and called for a stronger **World Trade Organization (WTO)**. With global trade wars looming, could this be the start of a **new economic alliance** against Western dominance? š
**š± CLIMATE COMMITMENT STANDS STRONG**
Despite economic tensions, the bloc **reaffirmed its dedication to the Paris Agreement**. Green energy and sustainability remain prioritiesā**smart move or strategic distraction?**
### **š„ WHATāS NEXT?**
- **Will BRICS succeed in reducing dollar reliance?**
- **Could Trumpās threats spark a full-blown trade war?**
- **Is a BRICS single currency still possible in the future?**
**š¬ YOUR TURN!**
š **Will BRICS break the dollarās grip, or is this just hype?**
š **Should the West be worried?**
**DROP YOUR PREDICTIONS BELOW!** ā¬ļø
#BRICS #Write2Earn $BTC
The BRICS blocānow a powerhouse with **South Africa, Saudi Arabia, Brazil, China, Egypt, UAE, Ethiopia, Indonesia, India, Iran, and Russia**ājust wrapped up a **critical meeting in Rio de Janeiro**, and the implications are HUGE! While full consensus wasnāt reached, the discussions could **reshape global trade forever**. Hereās the explosive breakdown:
### **š„ KEY TAKEAWAYS THAT COULD CHANGE THE GAME**
**šø DE-DOLLARIZATION ON THE TABLE?**
The bloc is **pushing hard for trade in local currencies**, signaling a potential **shift away from the US dollar**! But not everyoneās ready to go all-inā**Russiaās Lavrov says a single BRICS currency is still far off**. Will this be the beginning of the end for dollar dominance? š
**šØ TRUMPāS FIERY WARNING!**
Former President Trump just **threatened 100% tariffs** if BRICS moves further toward ditching the dollar. Tensions are **heating up fast**āwill the bloc stand firm, or will pressure from the West force a retreat? š£
**āļø WTO & FREE TRADE UNDER FIRE**
BRICS slammed **protectionist policies** and called for a stronger **World Trade Organization (WTO)**. With global trade wars looming, could this be the start of a **new economic alliance** against Western dominance? š
**š± CLIMATE COMMITMENT STANDS STRONG**
Despite economic tensions, the bloc **reaffirmed its dedication to the Paris Agreement**. Green energy and sustainability remain prioritiesā**smart move or strategic distraction?**
### **š„ WHATāS NEXT?**
- **Will BRICS succeed in reducing dollar reliance?**
- **Could Trumpās threats spark a full-blown trade war?**
- **Is a BRICS single currency still possible in the future?**
**š¬ YOUR TURN!**
š **Will BRICS break the dollarās grip, or is this just hype?**
š **Should the West be worried?**
**DROP YOUR PREDICTIONS BELOW!** ā¬ļø
#BRICS #Write2Earn $BTC
šØš³ President Xi hails BRICS-backed New Development Bank as a "Golden Symbol" of Global South power! š
š„ Xi says the NDB is rewriting the rules of global finance, finally giving developing nations a real seat at the table.
šø Backed by a solid AA+ rating and already investing $33B+ in clean energy, transport, and smart citiesāthis bank is walking the talk.
šŖ Chinaās message? It's all-in on securing its interests and championing global cooperation.
š Are we witnessing the rise of a new financial titan from the East?
#BRICS #GlobalFinance #NDB #China #EmergingMarkets
$BTC
$ETH
$XRP
š„ Xi says the NDB is rewriting the rules of global finance, finally giving developing nations a real seat at the table.
šø Backed by a solid AA+ rating and already investing $33B+ in clean energy, transport, and smart citiesāthis bank is walking the talk.
šŖ Chinaās message? It's all-in on securing its interests and championing global cooperation.
š Are we witnessing the rise of a new financial titan from the East?
#BRICS #GlobalFinance #NDB #China #EmergingMarkets
$BTC
$ETH
$XRP
See original
#Binance
WARNING: The BRICS strengthen Russia: +4.1% growth, despite the American embargo!ššššš¤
While economic sanctions aimed to suffocate Moscow, Russia records a 4.1% growth in 2023. This number, confirmed by Russian authorities, challenges the certainties of Washington and its allies. In a climate of war in Ukraine and a reshaping of monetary alliances, the strengthening of the Russian economy reveals an effective circumvention strategy, driven by the BRICS. This data raises questions about the effectiveness of Western sanctions and changes the dynamics of the geoeconomic game.
šøRussia surprises observers by presenting an economic growth of +4.1% in 2023, despite the heavy sanctions imposed by the United States since 2022.
šøThe Secretary of the Russian Security Council, Sergey Shoigu, states that this growth could reach 4.3% in 2024, before a projected slowdown to 2.5% in 2025.
šøIn response to the sanctions, Russia has intensified its approach to the BRICS and launched a de-dollarization strategy.
This trade realignment weakens the dollar and strengthens the position of the BRICS as a key player in the emergence of a new global monetary order.
#BRICS #russia #Ucrania
$BTC
$ETH
$BNB
WARNING: The BRICS strengthen Russia: +4.1% growth, despite the American embargo!ššššš¤
While economic sanctions aimed to suffocate Moscow, Russia records a 4.1% growth in 2023. This number, confirmed by Russian authorities, challenges the certainties of Washington and its allies. In a climate of war in Ukraine and a reshaping of monetary alliances, the strengthening of the Russian economy reveals an effective circumvention strategy, driven by the BRICS. This data raises questions about the effectiveness of Western sanctions and changes the dynamics of the geoeconomic game.
šøRussia surprises observers by presenting an economic growth of +4.1% in 2023, despite the heavy sanctions imposed by the United States since 2022.
šøThe Secretary of the Russian Security Council, Sergey Shoigu, states that this growth could reach 4.3% in 2024, before a projected slowdown to 2.5% in 2025.
šøIn response to the sanctions, Russia has intensified its approach to the BRICS and launched a de-dollarization strategy.
This trade realignment weakens the dollar and strengthens the position of the BRICS as a key player in the emergence of a new global monetary order.
#BRICS #russia #Ucrania
$BTC
$ETH
$BNB
See original
BRICS: China officially launches plan to promote its own payment system
As international monetary tensions intensify, China is accelerating its offensive against the dollar's dominance. Beijing formalizes the launch of a strategic plan to impose its own international payment system. This initiative marks a significant shift in the redefinition of global financial flows, reinforcing China's ambition for a multipolar economic order. By directly targeting traditional Western-dominated networks, this move is now capturing the attention of markets, governments, and major financial institutions.
šš„ The Shifting Global Power Play: U.S. vs. EU-China Alliance
The U.S. economy remains a powerhouse šŗšø, but when Europe and China join forces šŖšŗš¤šØš³, the balance of power shifts dramatically.
Why This Matters:
1ļøā£ Economic Titans Colliding
U.S. (GDP: ~$27T) still leads, but EU ($18T) + China ($18T) together outweigh it.
Combined, they control trade routes, tech supply chains, and monetary policy influence.
2ļøā£ The New Axis of Influence?
If EU-China deepens ties (trade deals, tech partnerships, yuan/euro trade), the dollarās dominance could weaken.
Alternative financial systems (BRICS+, digital currencies) may accelerate.
3ļøā£ Crypto & Markets Impact
A multipolar world = more volatility, but also more Bitcoin demand as a neutral asset.
If U.S. sanctions lose bite, crypto could become the new financial bridge.
Whatās Next?
Watch for EU-China summitsāany major deals could rattle markets.
If the dollar weakens, BTC & gold could surge as hedges.
U.S. response? More tech bans, tariffs, or even a digital dollar push.
š„ The Takeaway: The era of U.S. unilateral dominance is fading. Crypto, commodities, and geopolitics will define the next decade.
#globaleconomy #BRICS #DeDollarization #bitcoin #PowerShift
Who wins in this new world order? Drop your thoughts below! ā¬ļø
The U.S. economy remains a powerhouse šŗšø, but when Europe and China join forces šŖšŗš¤šØš³, the balance of power shifts dramatically.
Why This Matters:
1ļøā£ Economic Titans Colliding
U.S. (GDP: ~$27T) still leads, but EU ($18T) + China ($18T) together outweigh it.
Combined, they control trade routes, tech supply chains, and monetary policy influence.
2ļøā£ The New Axis of Influence?
If EU-China deepens ties (trade deals, tech partnerships, yuan/euro trade), the dollarās dominance could weaken.
Alternative financial systems (BRICS+, digital currencies) may accelerate.
3ļøā£ Crypto & Markets Impact
A multipolar world = more volatility, but also more Bitcoin demand as a neutral asset.
If U.S. sanctions lose bite, crypto could become the new financial bridge.
Whatās Next?
Watch for EU-China summitsāany major deals could rattle markets.
If the dollar weakens, BTC & gold could surge as hedges.
U.S. response? More tech bans, tariffs, or even a digital dollar push.
š„ The Takeaway: The era of U.S. unilateral dominance is fading. Crypto, commodities, and geopolitics will define the next decade.
#globaleconomy #BRICS #DeDollarization #bitcoin #PowerShift
Who wins in this new world order? Drop your thoughts below! ā¬ļø
The Ruble now accounts for 53.5% of Russian importsāa significant sign of the rising challenge to the USD from BRICS.
#BRICSDigitalCurrency #BRICS
#USChinaTensions #TrumpVsPowell
#BRICSDigitalCurrency #BRICS
#USChinaTensions #TrumpVsPowell
šØš·šŗ CRYPTO HEAT IN SANCTIONS COLD
š¹Crypto Summit Moscow 2025: Small yet strategic, gathered top CIS officials, miners, exchanges & BRICS reps.
š¹Mining boom: Chinese mining gear dominatesāāā40% of exhibitors. āSelling like hotcakesā in Russia.
š¹Sanctions workaround: Push for local stablecoins (A7A5), compliance sandboxes, and BRICS blockchain ties.
š¹A7A5 Ruble Stablecoin: Pegged 1:1, earns passive income via overnight deposits, smart contract has blacklist/burn features.
š¹Garantex Under Fire: Largest ruble-crypto exchange frozen by Tether (USDT) & sanctioned by EU/US; accused of laundering funds.
š¹Kyrgyzstanās Gold-Backed USDKG: Audited by Consensys, aims to bypass centralized CBDCs.
#CryptoRussia #Stablecoins #BRICS #Garantex #Sanctions $BTC $ETH $MAGIC
š¹Crypto Summit Moscow 2025: Small yet strategic, gathered top CIS officials, miners, exchanges & BRICS reps.
š¹Mining boom: Chinese mining gear dominatesāāā40% of exhibitors. āSelling like hotcakesā in Russia.
š¹Sanctions workaround: Push for local stablecoins (A7A5), compliance sandboxes, and BRICS blockchain ties.
š¹A7A5 Ruble Stablecoin: Pegged 1:1, earns passive income via overnight deposits, smart contract has blacklist/burn features.
š¹Garantex Under Fire: Largest ruble-crypto exchange frozen by Tether (USDT) & sanctioned by EU/US; accused of laundering funds.
š¹Kyrgyzstanās Gold-Backed USDKG: Audited by Consensys, aims to bypass centralized CBDCs.
#CryptoRussia #Stablecoins #BRICS #Garantex #Sanctions $BTC $ETH $MAGIC
Russian Senator Confirms Expansion of BRICS+ Geopolitical Group
Konstantin Kosachev, Deputy Speaker of the Federation Council, has announced that several countries are preparing to join the upcoming BRICS+ initiative ā a major step toward expanding the BRICS blocās global influence. The goal, he said, is to create a broader platform that welcomes the maximum number of participating nations.
The original BRICS bloc, which now includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the UAE, is looking to widen its reach through this new initiative. Kosachev emphasized that BRICS+ is not intended to be a closed alliance, but rather an open platform for global cooperation.
āThis is not a closed association for BRICS countries and partners, but a broader structure aimed at welcoming more participants,ā Kosachev stated.
Countries such as China, Iran, the UAE, Ethiopia, South Africa, and Brazil (current BRICS chair) have already voiced support for the BRICS+ initiative. While several others are still evaluating their stance, Kosachev made it clear that BRICS is not pressuring any nation to join or conform to a single doctrine.
The proposal is set to be discussed in detail at the upcoming Parliamentary Forum in June, with hopes of formalizing it during the Inter-Parliamentary Unionās autumn assembly.
This move signals a new era of BRICS cooperation, potentially involving joint economic frameworks and governance strategies. According to Russian Foreign Minister Sergey Lavrov, these may include a unified payment system, which would also be accessible to non-member nations ā a major step toward building an alternative financial infrastructure amid global uncertainty.
#binance
#wendy
#bitcoin
#BRICS
#BRICSPlus
$BTC
$ETH
Konstantin Kosachev, Deputy Speaker of the Federation Council, has announced that several countries are preparing to join the upcoming BRICS+ initiative ā a major step toward expanding the BRICS blocās global influence. The goal, he said, is to create a broader platform that welcomes the maximum number of participating nations.
The original BRICS bloc, which now includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the UAE, is looking to widen its reach through this new initiative. Kosachev emphasized that BRICS+ is not intended to be a closed alliance, but rather an open platform for global cooperation.
āThis is not a closed association for BRICS countries and partners, but a broader structure aimed at welcoming more participants,ā Kosachev stated.
Countries such as China, Iran, the UAE, Ethiopia, South Africa, and Brazil (current BRICS chair) have already voiced support for the BRICS+ initiative. While several others are still evaluating their stance, Kosachev made it clear that BRICS is not pressuring any nation to join or conform to a single doctrine.
The proposal is set to be discussed in detail at the upcoming Parliamentary Forum in June, with hopes of formalizing it during the Inter-Parliamentary Unionās autumn assembly.
This move signals a new era of BRICS cooperation, potentially involving joint economic frameworks and governance strategies. According to Russian Foreign Minister Sergey Lavrov, these may include a unified payment system, which would also be accessible to non-member nations ā a major step toward building an alternative financial infrastructure amid global uncertainty.
#binance
#wendy
#bitcoin
#BRICS
#BRICSPlus
$BTC
$ETH
See original
RUSSIAš·šŗ (BRICS)
Russia: Two Crypto Exchanges to Circumvent Sanctions
In the face of international sanctions, Russia is turning to cryptocurrencies. Moscow and St. Petersburg could soon be home to two new crypto platforms designed to facilitate trade with BRICS countries. These exchanges would be supported by an experimental legal framework, with a stablecoin pegged to BRICS currencies to circumvent traditional currency restrictions.
However, experts point to technical and legal challenges, as well as the risk of increased scrutiny by international regulators. This project could offer an alternative to sanctions, but remains surrounded by uncertainty.
#brics #Metaverse #SEC #BNB #DEX $BTC $ETH $SOL
Russia: Two Crypto Exchanges to Circumvent Sanctions
In the face of international sanctions, Russia is turning to cryptocurrencies. Moscow and St. Petersburg could soon be home to two new crypto platforms designed to facilitate trade with BRICS countries. These exchanges would be supported by an experimental legal framework, with a stablecoin pegged to BRICS currencies to circumvent traditional currency restrictions.
However, experts point to technical and legal challenges, as well as the risk of increased scrutiny by international regulators. This project could offer an alternative to sanctions, but remains surrounded by uncertainty.
#brics #Metaverse #SEC #BNB #DEX $BTC $ETH $SOL
šØ Breaking News: Trump Warns BRICS Against Challenging Dollar Dominance šØ
U.S. President-elect Donald Trump has issued a stark warning to BRICS nations (Brazil, Russia, India, China, South Africa, and others) over their efforts to undermine the global dominance of the U.S. dollar.
Trump stated that any country promoting a new BRICS currency or alternative to the dollar could face 100% tariffs on their exports to the United States. He emphasized, āThe notion that BRICS countries can move away from the dollar is over,ā signaling his administrationās resolve to defend the dollarās supremacy in international trade.
This warning comes as BRICS nations explore reducing reliance on the dollar, with leaders like Russiaās Vladimir Putin criticizing the U.S. for weaponizing its financial system. Trumpās response highlights potential consequences, including restricted access to the U.S. market, a key destination for global exports.
Implications for Global Trade and Finance
ā¢ For Global Trade: Tariffs could disrupt trade flows and strain U.S. relations with BRICS nations.
ā¢ For the Dollar: The U.S. aims to preserve its currencyās status as the worldās reserve currency.
ā¢ For Crypto Adoption: Rising tensions around fiat currencies could accelerate interest in decentralized financial systems and cryptocurrencies.
What do you think this means for the future of the global economy, the U.S. dollar, and crypto? Letās discuss! šš±š”
#BRICS #USDollar #GlobalEconomy #CryptoNews #FinanceUpdates
U.S. President-elect Donald Trump has issued a stark warning to BRICS nations (Brazil, Russia, India, China, South Africa, and others) over their efforts to undermine the global dominance of the U.S. dollar.
Trump stated that any country promoting a new BRICS currency or alternative to the dollar could face 100% tariffs on their exports to the United States. He emphasized, āThe notion that BRICS countries can move away from the dollar is over,ā signaling his administrationās resolve to defend the dollarās supremacy in international trade.
This warning comes as BRICS nations explore reducing reliance on the dollar, with leaders like Russiaās Vladimir Putin criticizing the U.S. for weaponizing its financial system. Trumpās response highlights potential consequences, including restricted access to the U.S. market, a key destination for global exports.
Implications for Global Trade and Finance
ā¢ For Global Trade: Tariffs could disrupt trade flows and strain U.S. relations with BRICS nations.
ā¢ For the Dollar: The U.S. aims to preserve its currencyās status as the worldās reserve currency.
ā¢ For Crypto Adoption: Rising tensions around fiat currencies could accelerate interest in decentralized financial systems and cryptocurrencies.
What do you think this means for the future of the global economy, the U.S. dollar, and crypto? Letās discuss! šš±š”
#BRICS #USDollar #GlobalEconomy #CryptoNews #FinanceUpdates
President #DonaldTrump has issued a bold warning to the #BRICS nationsāBrazil, Russia, India, China, and South Africaāregarding their attempts to shift away from the US dollar in global trade. Trump has made it clear that any efforts to replace the dollar with alternative currencies will result in a devastating 100% tariff on their exports. He has demanded that these nations reaffirm their commitment to preserving the dollarās dominance in international transactions.
This stance from $TRUMP signals a major shift in global economic relations, with the potential for serious repercussions for BRICS countries if they continue pursuing alternatives to the dollar. His warning comes with the threat of significant economic fallout for those seeking to challenge the dollarās supremacy in trade.
The world is now on edge, anticipating how BRICS nations will react to this strong ultimatum. With the global economy closely intertwined, investors are likely to respond quickly to any developments, as the potential disruption to trade dynamics could reshape markets worldwide. The eyes of the international community will remain fixed on the BRICS nations to see how they navigate this challenging situation and whether they will acquiesce to Trumpās demands or stand firm in their pursuit of alternative economic models.
#Write2Earn #BitcoinReserveWave #VVVonBinance
This stance from $TRUMP signals a major shift in global economic relations, with the potential for serious repercussions for BRICS countries if they continue pursuing alternatives to the dollar. His warning comes with the threat of significant economic fallout for those seeking to challenge the dollarās supremacy in trade.
The world is now on edge, anticipating how BRICS nations will react to this strong ultimatum. With the global economy closely intertwined, investors are likely to respond quickly to any developments, as the potential disruption to trade dynamics could reshape markets worldwide. The eyes of the international community will remain fixed on the BRICS nations to see how they navigate this challenging situation and whether they will acquiesce to Trumpās demands or stand firm in their pursuit of alternative economic models.
#Write2Earn #BitcoinReserveWave #VVVonBinance
JUST IN: BRICS to launch independent payment system based on cryptocurrency and blockchain. #cryptocurrency #CryptoNewsšš°š« #brics #BTC #TrendingTopic #SHIB #eth #doge #pepe #xrp
BRICS will expand in 2025 with nine new partner states, signaling surging global alignment with the bloc as more nations race to secure ties.
BRICS Expands With New Partner States in 2025
Several countries are set to gain BRICS partner status starting Jan. 1, 2025, following confirmations received by Russia, Kremlin aide Yury Ushakov informed reporters on Tuesday.
Referencing the BRICS leadersā summit in Kazan, Ushakov was quoted by Tass as saying: āOne of the important results of the summit was the establishment of the category of BRICS partner countries and coming to terms on a list of 13 states. Invitations were sent to these states.ā The Russian official added:
As of this time, confirmations of readiness to become a BRICS partner country have been received from Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda and Uzbekistan.
āFrom January 1, 2025, they will officially acquire the status of BRICS partner states. But we expect that in the near future responses will come from four more countries, to which invitations were also sent,ā he further explained.
Ushakov noted that Eritrea has shown interest in engaging with BRICS, reflecting a growing list of nations looking to collaborate with the bloc. Representatives from partner countries will be invited to key meetings, including BRICS summits and sessions of foreign ministers. The official elaborated: āWe also believe it is right to involve partners in meetings of high representatives in charge of security issues, parliamentary forum and other events.ā
Reflecting on Russiaās presidency in BRICS, Ushakov noted Moscowās efforts to integrate new members into the organizationās framework. He highlighted that Russia had to facilitate BRICS operations in an expanded format āto make sure that the new members of the group harmoniously fit into the customary arrangements, customary ways of interaction.ā Ushakov described the process as successful, underscoring the significance of Russiaās role in steering the bloc through a transitional phase.
#BRICS
BRICS Expands With New Partner States in 2025
Several countries are set to gain BRICS partner status starting Jan. 1, 2025, following confirmations received by Russia, Kremlin aide Yury Ushakov informed reporters on Tuesday.
Referencing the BRICS leadersā summit in Kazan, Ushakov was quoted by Tass as saying: āOne of the important results of the summit was the establishment of the category of BRICS partner countries and coming to terms on a list of 13 states. Invitations were sent to these states.ā The Russian official added:
As of this time, confirmations of readiness to become a BRICS partner country have been received from Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda and Uzbekistan.
āFrom January 1, 2025, they will officially acquire the status of BRICS partner states. But we expect that in the near future responses will come from four more countries, to which invitations were also sent,ā he further explained.
Ushakov noted that Eritrea has shown interest in engaging with BRICS, reflecting a growing list of nations looking to collaborate with the bloc. Representatives from partner countries will be invited to key meetings, including BRICS summits and sessions of foreign ministers. The official elaborated: āWe also believe it is right to involve partners in meetings of high representatives in charge of security issues, parliamentary forum and other events.ā
Reflecting on Russiaās presidency in BRICS, Ushakov noted Moscowās efforts to integrate new members into the organizationās framework. He highlighted that Russia had to facilitate BRICS operations in an expanded format āto make sure that the new members of the group harmoniously fit into the customary arrangements, customary ways of interaction.ā Ushakov described the process as successful, underscoring the significance of Russiaās role in steering the bloc through a transitional phase.
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$TRUMP
Trump Issues Strong Warning to BRICS Nations Over Dollar Replacement
Former President Donald Trump has issued a stern warning to the BRICS nationsāBrazil, Russia, India, China, and South Africaāregarding any attempts to challenge the U.S. dollarās dominance in global trade. Trump has vowed to impose 100% tariffs on their exports if they move forward with alternative currency initiatives.
He has called for a firm commitment from these nations to uphold the dollarās status, emphasizing that any deviation could have severe economic repercussions. This bold stance could significantly impact global trade dynamics, sparking reactions from BRICS leaders and international markets alike.
Investors are expected to respond swiftly to this development, as the geopolitical and economic landscape faces potential shifts. The world is now watching closely to see how BRICS nations will respond to this ultimatum.
#GlobalTrade #USDollar #BRICS #EconomicPolicy
Trump Issues Strong Warning to BRICS Nations Over Dollar Replacement
Former President Donald Trump has issued a stern warning to the BRICS nationsāBrazil, Russia, India, China, and South Africaāregarding any attempts to challenge the U.S. dollarās dominance in global trade. Trump has vowed to impose 100% tariffs on their exports if they move forward with alternative currency initiatives.
He has called for a firm commitment from these nations to uphold the dollarās status, emphasizing that any deviation could have severe economic repercussions. This bold stance could significantly impact global trade dynamics, sparking reactions from BRICS leaders and international markets alike.
Investors are expected to respond swiftly to this development, as the geopolitical and economic landscape faces potential shifts. The world is now watching closely to see how BRICS nations will respond to this ultimatum.
#GlobalTrade #USDollar #BRICS #EconomicPolicy
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šš° The dollar in check: Goodbye to global hegemony?
As markets heat up, the US dollar faces new challenges. With several countries reducing their dependence on the USD in international trade, are we witnessing the beginning of the end of its dominance?
š What is happening:
ā China, Russia, and BRICS countries are pushing for agreements in local currencies.
ā Gold and cryptos like Bitcoin are gaining relevance as reserve alternatives.
ā The FED may keep rates high, but... will it be enough to sustain USD demand?
š What is happening:
ā China, Russia, and BRICS countries are pushing for agreements in local currencies.
ā Gold and cryptos like Bitcoin are gaining relevance as reserve alternatives.
ā The FED may keep rates high, but... will it be enough to sustain USD demand?
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