DEPARTURE FROM US DOLLAR COULD HELP EMPOWER OTHER NATIONS.

"As the United States ramps up its attempts to punish countries it does not like through economic sanctions, a number of countries across the world started mulling the possibility of countering this threat by introducing a new currency that might challenge the US dollar’s dominance in global trade.

Earlier this year, the international economic bloc BRICS (comprised of Brazil, Russia, India, China and South Africa, hence the acronym) announced it may soon start investigating the prospects of introducing their own currency to bypass the US dollar, while South Africa's Foreign Minister Naledi Pandor said recently that departure from US dollar could help empower other nations."

SOURCE:

https://sputnikglobe.com/20230602/new-brics-currency-may-prevent-imposition-of-us-laws-in-other-countries-1110864073.html

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