The BRICS Currency Initiative and the US Dollar's Dominance =============== #7a21bb5d ver:0.33 The movement towards de-dollarization is reshaping the global economic and geopolitical landscape. The BRICS alliance seeks to challenge the US dollar's dominance by promoting the use of local currencies in transactions. However, the dollar's robust systems and lack of cohesion within BRICS make it unlikely to pose a serious threat. The US dollar's decline as the world's reserve currency is predicted due to fiscal deficits and increased risks from US sanctions. Emerging economies may benefit, but long-term challenges remain. #DeDollarization #BRICS #USDominance... #newstr #UsdDecline #BricsCurrencyInitiative #UsDollarDominance #GlobalFinance https://here.news/story/7a21bb5d?ver=0.33