Pepe Escobar Shares Update on BRICS De-Dollarization Progress

We're now on day to of this year's BRICS Summit, that is largely focused around the BRICS efforts to continue de-dollarizing their economies.

Journalist Pepe Escobar has issued several reports on the BRICS plans throughout this year, including a the possibility of a 40% gold-backed currency unit, and there was an update from him on Tuesday.

So here's a short update with what he had to say.

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