Fastepo: BRICS Vows to Leave IMF and Western Financial System

The global financial landscape is undergoing seismic shifts as BRICS* nationsdeclare their intention to distance themselves from the International Monetary Fund (IMF) and the broader Western financial system dominated by the United States. *(Brazil, Russia, India, China, and South Africa) This pivotal moment poses critical questions about the future of the US dollar, global economic governance, and international trade relationships. Formed as a coalition of emerging economies, BRICS has historically sought to promote alternative models of development that reject Western hegemony. Over the years, these nations have expanded their influence in global affairs, presenting themselves as a counterbalance to the…