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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 — but couldn’t reach full consensus on all points. Here’s what you need to know: Key Points from the Statement: 💸 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? 🤔 ⚖️ 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. 💥 Trump’s Threat: Former President Trump warned of 100% tariffs if the bloc moved further in this direction — a threat that’s sure to cause tension. But the BRICS remains steadfast, pushing for more independence from the US dollar. 💵 🇷🇺 Russian Minister’s Statement: Russian Foreign Minister Lavrov emphasized that it’s too soon to discuss a single currency for BRICS, recognizing the complexities involved. 🛑 🌐 WTO & Free Trade: The ministers also stressed the importance of strengthening the World Trade Organization (WTO), condemning protectionist measures that threaten free trade. 🌍 🌱 Climate Change Commitment: They reaffirmed their commitment to the Paris Agreement, urging all countries to continue their efforts to combat climate change. 🌍 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 #BinanceAlphaAlert $BTC
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$USDC 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 — but couldn’t reach full consensus on all points. Here’s what you need to know: Key Points from the Statement: 💸 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? 🤔 ⚖️ 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. 💥 Trump’s Threat: Former President Trump warned of 100% tariffs if the bloc moved further in this direction — a threat that’s sure to cause tension. But the BRICS remains steadfast, pushing for more independence from the US dollar. 💵
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#StablecoinPayments 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 — but couldn’t reach full consensus on all points. Here’s what you need to know: Key Points from the Statement: 💸 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? 🤔 ⚖️ 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. 💥 Trump’s Threat: Former President Trump warned of 100% tariffs if the bloc moved further in this direction — a threat that’s sure to cause tension. But the BRICS remains steadfast, pushing for more
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#AirdropSafetyGuide According to PANews, the Karnataka High Court in India has ordered an immediate ban on the encrypted email service Proton Mail, citing the authority of the country's Information Technology Act of 2008. This decision, made on April 29, 2025, follows a lawsuit filed in January by a design company in New Delhi, which accused its employees of receiving offensive emails through the service. Proton Mail previously faced a proposed ban in March 2024 due to a 'false bomb threat,' but it was not implemented.
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#AltcoinETFsPostponed According to PANews, the Karnataka High Court in India has ordered an immediate ban on the encrypted email service Proton Mail, citing the authority of the country's Information Technology Act of 2008. This decision, made on April 29, 2025, follows a lawsuit filed in January by a design company in New Delhi, which accused its employees of receiving offensive emails through the service. Proton Mail previously faced a proposed ban in March 2024 due to a 'false bomb threat,' but it was not implemented.
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