🌐 BRICS Pushes AI Data Rules — But De-Dollarization Still Stuck in Neutral ⚖️💵

The latest BRICS summit in Rio de Janeiro saw leaders demand stronger rules for how AI models handle data, calling out unauthorized scraping and unlicensed usage — a clear shot at dominant U.S. and EU tech firms. 🤖📊

But while BRICS is vocal on digital regulation, it’s yet again stalled on its biggest ambition: moving away from the U.S. dollar in cross-border trade — an initiative they’ve been floating since 2015. 🕰️

🔹 No decisions on the BRICS Cross-Border Payments Initiative

🔹 Central bank infrastructure still not aligned

🔹 Sanctions on Iran & Russia complicate legal and technical paths

🔹 Even cost-sharing for infrastructure remains disputed

Meanwhile, China is pushing ahead solo — expanding the yuan’s reach, launching domestic currency futures, and scaling its CIPS payment system globally. 🧧🌍

All of this unfolds under pressure from Trump’s 100% tariff threats against BRICS countries daring to bypass the dollar.

To soften debt pressures in emerging markets, BRICS announced a new Multilateral Guarantees Initiative (BMG) inside the NDB — aiming to boost credit access without more capital injection.

💬 AI, currency wars, and global finance are converging — but for BRICS, the road to de-dollarization still looks long and fragmented.#OneBigBeautifulBill #BTCWhaleMovement #NFPWatch #TrumpVsMusk #REX-OSPREYSolanaETF