Cyrus Janssen: BRICS New Deal Shocks the World

The world is witnessing a seismic shift in global finance with the rise of alternative payment systems, spearheaded by the BRICS nations. This move, fueled by a growing dissatisfaction with the dominance of the US dollar, could reshape the global economic landscape and usher in a multipolar world. Russia and India have kicked off this revolution by launching a new payment system that will enable them to conduct bilateral trade without relying on the US dollar. This bold move, a direct challenge to the US dollar’s hegemony, signifies a growing shift away from the existing financial order. Adding fuel to…