Lena Petrova: De-dollarization, Critical Rare Minerals, and Bolivia’s Strategic Role in South America

The global economic landscape is undergoing a significant shift, fueled by the growing influence of the BRICS nations. As these emerging economies seek greater autonomy and challenge the traditional dominance of the U.S. dollar, de-dollarization, access to critical rare minerals, and the strategic positioning of countries like Bolivia are becoming increasingly important factors. For decades, the U.S. dollar has reigned supreme as the world’s reserve currency, facilitating international trade and serving as a store of value. However, geopolitical tensions, the increasing financial strength of the BRICS nations, and concerns over U.S. economic policy have spurred a movement towards de-dollarization. While…