BRICS’ Bold Move. From Local Currencies to a Unified BRICS Currency: Redefining Global Trade and Challenging the Dollar.

Key Points on BRICS De-Dollarization Efforts and CIS Trade Developments

1. BRICS and CIS Trade in Local Currencies:

Russian President Vladimir Putin announced that 85% of trade within the Commonwealth of Independent States (CIS) is now settled in local currencies, minimizing the use of the US dollar. This shift aims to increase financial autonomy among developing countries.

Although Russia is the only BRICS member within the CIS, it is actively promoting de-dollarization among neighboring countries, encouraging the use of national BRICS’ Bold Move.

From Local Currencies to a Unified BRICS Currency:

Redefining Global Trade and Challenging the Dollar. in trade agreements.

2. BRICS’ Strategic Moves Against the Dollar:
At the 16th BRICS summit in Kazan, the alliance revealed a mock-up of a proposed BRICS currency, sometimes referred to as a "BRICS bill." This potential new currency is seen as a significant step towards challenging the US dollar’s status as the global reserve currency.

BRICS also expanded by adding 13 partner countries, though these are not full members, they are expected to increase trade and financial interactions within the BRICS framework, further reducing reliance on the US dollar.

3. Implications of De-Dollarization for the US Economy:
The shift away from the dollar poses risks for the US economy. A decrease in dollar demand could lead to economic deficits, inflation, and increased import costs for daily essentials in the United States. The dollar's reduced role internationally could destabilize the US economy, potentially leading to job losses and economic strain.

BRICS, alongside CIS nations, is accelerating this trend by encouraging other nations to adopt local currency-based transactions, creating a growing coalition for de-dollarization.

4. Strengthening Financial Sovereignty in BRICS and CIS:
Putin noted that BRICS and CIS members are not only de-dollarizing but also advancing technological sovereignty, making strides toward reducing reliance on Western imports and intellectual property.

This approach is part of a broader strategy to insulate BRICS economies from Western sanctions, fostering self-sufficiency and stability through independent financial and technological frameworks.

5. Potential Global Impact of a BRICS Currency:
If a BRICS currency is fully launched, it could significantly alter global financial dynamics by creating a new reserve currency that challenges the dollar and euro. This currency, facilitated by BRICS Pay, is designed to be used for international transactions within and beyond BRICS economies, gradually decreasing global dependence on the US dollar.

6. Conclusion:
BRICS is clearly positioning itself as a serious challenger to Western financial dominance. The strategic push to establish a BRICS currency, expand partnerships, and reduce dollar dependency represents a shift in global economic power.

Comments

When a Constitution Becomes a Decorative Document America’s Latest War, and the Curious Death of Accountability

There is an imperial comedy unfolding before the world — dark enough to be tragedy, absurd enough to be satire. This is, after all, the very “model democracy” United States has spent decades promising to export to humanity — by missile, by occupation, by sanctions, by “shock and awe,” by solemn lectures on liberty delivered from polished podiums standing atop broken nations. This was the sermon preached to Iraq. Imposed on Afghanistan. Invoked amid the destruction of Libya . Entangled in the agony of Syria. Echoed through the devastation of Yemen. The doctrine was always wrapped in noble language: Rule of law. Democratic institutions. Constitutional order. Checks and balances. How magnificent those words sound — right up until power decides they are optional at home. What a remarkable export product: A democracy where Congress yields, courts hesitate, executive power expands, wars begin first and legal arguments arrive later — wrapped in flags, marketed...

The Confession Without Consequence When Empire Admits the Crime… and Funds It Anyway

There are moments in history when power accidentally tells the truth. Not because conscience triumphs. Not because morality suddenly awakens. But because the wreckage becomes too vast to keep describing as “complicated.” That moment arrived when — a pillar of Washington’s foreign policy establishment, veteran diplomat, architect of negotiations, insider to empire’s machinery — uttered words that would once have been politically unthinkable: “ Prime Minister Netanyahu has led us down a road — and we have been part of it — that has, in essence, created a genocide in Gaza that has destabilize d the Middle East.” Read that again. Not they . We. Not Israel alone . We have been part of it. That single phrase — “we have been part of it” — may be one of the most consequential admissions made by a former senior American official in modern Middle Eastern history. For decades, Washington supplied the bombs, shielded the diplomacy, vetoed accountability, framed slaughter as...

At 78, a Nation at War With Itself

There is a haunting irony in watching a state built on the promise of refuge become trapped in fear of its own reflection. For decades, **** was one of the men entrusted with Israel’s sword — soldier, commander, prime minister, architect of its security doctrine. Not a radical voice. Not an outsider. Not a dissident shouting from the margins. An insider. And when insiders begin speaking the language of alarm, history listens differently . His warning is not that Israel may be destroyed by rockets, tunnels, militias, or regional enemies. His warning is more unsettling: that Israel may survive every external war — and lose itself from within. That is a far more tragic form of defeat. A nation can repel missiles and still watch its institutions hollow out . A nation can dominate battlefields and still become morally exhausted. A nation can claim victory abroad while quietly burying democracy at home . This is the paradox now confronting Israel at 78: militarily formidable, technologic...

Germany’s “Frustration”: A Masterclass in Moral Acrobatics

There is something almost poetic—no, administrative—about the way modern Germany expresses outrage. Not outrage that disrupts. Not outrage that acts. Just the kind that clears its throat politely… while continuing business as usual. According to a recent Germany, a Steadfast Ally of Israel, Now Voices Some Frustration by Christopher F. Schuetze, Berlin is now “frustrated.” Frustrated. Not horrified. Not alarmed. Not compelled. Just… frustrated. The Art of Saying “Concerned” While Doing Nothing Yes, Friedrich Merz has “expressed concern” over: Bombing in Lebanon Expansion in the West Bank A capital punishment law targeting Palestinians Concern, in diplomatic language, is a fascinating word. It means: “We see what’s happening. We disagree. We will continue exactly as before.” Germany, after all, still: Opposes EU sanctions Maintains defense agreements Continues political backing So what exactly has changed? Tone. Just tone. And in international po...

From Karachi to the Palestine Book Awards: The Journey of The Livestreamed Genocide.

Honored to share that my latest work, The Livestreamed Genocide: A Civilization That Watched and Scrorrlled, has officially been submitted for consideration for the 2026 . 🇵🇸📚 Today, the physical manuscripts of the five-volume series were formally dispatched from Karachi to the distinguished judging panel in London and the United States as part of the awards review process. This project was written as both a historical chronicle and a moral inquiry into the age of digital witnessing — an era in which atrocities are no longer hidden from the world, yet are consumed in real time through screens, timelines, and livestreams. Grounded in documented evidence, authenticated sources, and extensive independent research, the series examines the relationship between modern media, public consciousness, political silence, and the normalization of suffering in the digital age. This work was researched, written, compiled, edited, and prepared independently over countless long days and nights....

Ainnbeen

Search This Blog