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Global finance markets slumped as the US heads towards a recession due to pressure on interest rates, Trump’s chaotic approach to imposing tariffs and the mass lay-offs cause by the DOGE cuts. So at what point do the BRICS countries decide to de-couple from the US dollar? And how should Australia respond in the context of the upcoming budget and the federal election?
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Global finance markets slumped as the US heads towards a recession due to pressure on interest rates, Trump’s chaotic approach to imposing tariffs and the mass lay-offs cause by the DOGE cuts. So at what point do the BRICS countries decide to de-couple from the US dollar? And how should Australia respond in the context of the upcoming budget and the federal election?
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