Saudi Arabia Exits BRICS, Signs $600 Billion Strategic Deal With the US !
Saudi Arabia has reportedly decided to pull out of BRICS, the coalition of emerging economies including Brazil, Russia, India, China, and South Africa.
The kingdom instead sealed a massive $600 billion strategic partnership with the United States.
This shift signifies a realignment in global alliances, especially as BRICS has been working to challenge the dominance of the US dollar by promoting local currencies and launching a potential alternative reserve currency.
The US deal likely encompasses trade, defense, energy, and possibly tech and financial sectors.
The move is expected to rattle global geopolitics and potentially weaken BRICS' vision of a multipolar world.