June 07, 2023

🔴 BRICS Say New Currency May Shield From Sanctions | The Mike & Mario Show

42 minutes

In a bid to circumnavigate the impact of sanctions like those imposed on Russia, the BRICS nations are exploring the concept of a shared currency, seeking guidance from the New Development Bank, a lender created by the bloc. Amid discussions of expansion and gaining global influence, the ministers also deliberated on potential future models for such a currency, a move reflecting the group's ambition to avoid becoming victims of sanctions resulting from conflicts they are not involved in.

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