In this video, we delve into the formation, evolution, and influence of BRICS, a group initially formed by Brazil, Russia, India, and China, later joined by South Africa and other nations. We focus on how BRICS is challenging the dominance of Western-led institutions and creating a new multipolar world order. Particularly, we highlight BRICS’ impact on the US economy, exploring how the coalition’s expansion and initiatives like ’de-dollarization’ could have significant implications for the US, potentially affecting the US dollar’s status as the global reserve currency. Join us as we unravel the complexities of BRICS and its potential to redefine global economic systems.
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