The American currency is losing its foothold on the world stage and several foreign nations are waiting in the wings to take its place. On August 1, 2023, Fitch Ratings announced its decision to downgrade the US long-term credit ratings to AA+ from AAA. The latest news is adding new momentum to the ongoing de-dollarization trend unfolding in the global economy. As Central and World banks vie for power and centralized digital currency. BRICS nations met last week. The BRICS economic alliance, which consists of Brazil, Russia, India, China, and South Africa, has officially decided to stop using the US dollar in trade settlements. This decision was confirmed by Brazilian President Luiz Inácio Lula de Silva. The alliance's decision to abandon the US dollar is in line with their efforts to promote the use of their local currencies in international trade. In addition, the BRICS alliance will expand by accepting six more countries by 2024, which will further affect the geopolitical landscape.Real News. Great Shows.News: http://redvoicemedia.com/newsShows: http://redvoicemedia.comStreaming live daily on Rumble, Roku, Amazon Fire TV, Apple TV, X, and Gettr.Watch all of Rob live at 7 PM EST: https://rumble.com/c/RedVoiceMediaCheck out extended and uncensored interviews on RVM Premium, try it for just $1, use promo code ROB at - http://redvoicemedia.com/subscribeFollow Rob on Twitter: https://twitter.com/RobManessReal news and great shows: https://www.redvoicemedia.comProtect Your Retirement Against Any And All Market Conditions - http://protectfrombiden.comPro-God. Pro-America. A children’s book club you can trust! Use promo code RVM for 15% off here: http://kidsfreedombooks.comUnlock A FREE Wellness Membership: Join The Wellness Company with Red Voice Media and become an Annual Member for FREE. Use Code REDVOICE at https://www.twc.health/pages/redvoicemediaGet Ready for Anything: Introducing the Medical Emergency Kit for Any Crisis: https://www.twc.health/products/prep-kit-z-stack?ref=rvmTax problems? Reduce, Settle, and Resolve with Tax Network USA. Solving tax problems for individuals and small businesses. http://RVMTaxNetwork.comGet your best sleep ever with MyPillow products. Use promo code RVM for a huge discount! https://mypillow.comZStack – Make Your Immune System Clean, Resilient, and Resistant (Use codeRVM for discount)- http://rvmzstack.com
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