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Дата створення каналуЛют 22, 2024
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Січ 29, 2025Останні публікації в групі "BRICS NATIONS"
25.02.202505:30
BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems
BRICS nations are accelerating efforts to create independent payment systems, aiming to bypass Western financial dominance.
BRICS Advances Alternative Payment Systems to Reduce Western Dependence
BRICS nations are actively discussing the development of alternative payment platforms to reduce their dependence on American financial systems, Tass reported on Feb. 19, citing Russian Foreign Minister Sergey Lavrov. Addressing the Russian State Duma, Lavrov emphasized that the initiative was originally pushed by Brazilian President Luiz Inácio Lula da Silva.
“This is being discussed in BRICS, at the initiative of [Brazilian President Luiz Inacio] Lula da Silva … The previous summit stated a decision on the necessity of developing a proposal on alternative payment platforms through finance ministries and central banks,” he detailed, elaborating:
BRICS nations are accelerating efforts to create independent payment systems, aiming to bypass Western financial dominance.
BRICS Advances Alternative Payment Systems to Reduce Western Dependence
BRICS nations are actively discussing the development of alternative payment platforms to reduce their dependence on American financial systems, Tass reported on Feb. 19, citing Russian Foreign Minister Sergey Lavrov. Addressing the Russian State Duma, Lavrov emphasized that the initiative was originally pushed by Brazilian President Luiz Inácio Lula da Silva.
“This is being discussed in BRICS, at the initiative of [Brazilian President Luiz Inacio] Lula da Silva … The previous summit stated a decision on the necessity of developing a proposal on alternative payment platforms through finance ministries and central banks,” he detailed, elaborating:
06.02.202505:25
BRICS: 2 Countries Officially Agree To Ditch the US Dollar For Trade
BRICS members India and Indonesia have officially agreed to abandon the US dollar and settle cross-border transactions in local currencies. The decision to use local currencies for trade comes even after Trump threatened to levy 100% tariffs on goods entering the US. Indonesia intended to promote its national currency for bilateral trade and India has accepted the new economic policy. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade.
Cross-border transactions between BRICS members India and Indonesia will soon be settled in local currencies and not the US dollar. The developing countries aim to deepen their financial integration and promote trade in national currencies to strengthen their GPDs. Trump is yet to react to the new policy where the US dollar is being sidelined and local currencies are taking center stage.
BRICS members India and Indonesia have officially agreed to abandon the US dollar and settle cross-border transactions in local currencies. The decision to use local currencies for trade comes even after Trump threatened to levy 100% tariffs on goods entering the US. Indonesia intended to promote its national currency for bilateral trade and India has accepted the new economic policy. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade.
Cross-border transactions between BRICS members India and Indonesia will soon be settled in local currencies and not the US dollar. The developing countries aim to deepen their financial integration and promote trade in national currencies to strengthen their GPDs. Trump is yet to react to the new policy where the US dollar is being sidelined and local currencies are taking center stage.
05.02.202504:42
Within the framework of the #G20, the collective West likes to present itself as Africa’s generous and self-denying friend, purportedly sparing no effort or expense for its well-being and prosperity.
Western politicians do not stint with praises of their own ostensible initiatives allegedly aimed at the continent’s development, such as Germany’s “Compact with Africa” promoted under the guise of a catalyst for private investment.
In reality, they try in every way to avoid specific decisions that would contribute to strengthening Africa’s position in the world and the global governance system. Tellingly, the United States at the UN distanced itself from a number of provisions of the #UNGA Africa-related resolutions concerning the fair reform of financial institutions and the development of a tax convention.
Nonetheless, G20, influenced by the BRICS+ countries, helpes gradually increase the weight and opportunities of Africa.
Western politicians do not stint with praises of their own ostensible initiatives allegedly aimed at the continent’s development, such as Germany’s “Compact with Africa” promoted under the guise of a catalyst for private investment.
In reality, they try in every way to avoid specific decisions that would contribute to strengthening Africa’s position in the world and the global governance system. Tellingly, the United States at the UN distanced itself from a number of provisions of the #UNGA Africa-related resolutions concerning the fair reform of financial institutions and the development of a tax convention.
Nonetheless, G20, influenced by the BRICS+ countries, helpes gradually increase the weight and opportunities of Africa.
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06.02.202523:59
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Підписників29.01.202523:59
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Індекс цитування01.03.202523:59
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Охоплення 1 допису26.02.202506:41
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Охоп рекл. допису26.02.202506:41
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ER25.01.202523:47
6.45%
ERR25.02.202505:30
BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems
BRICS nations are accelerating efforts to create independent payment systems, aiming to bypass Western financial dominance.
BRICS Advances Alternative Payment Systems to Reduce Western Dependence
BRICS nations are actively discussing the development of alternative payment platforms to reduce their dependence on American financial systems, Tass reported on Feb. 19, citing Russian Foreign Minister Sergey Lavrov. Addressing the Russian State Duma, Lavrov emphasized that the initiative was originally pushed by Brazilian President Luiz Inácio Lula da Silva.
“This is being discussed in BRICS, at the initiative of [Brazilian President Luiz Inacio] Lula da Silva … The previous summit stated a decision on the necessity of developing a proposal on alternative payment platforms through finance ministries and central banks,” he detailed, elaborating:
BRICS nations are accelerating efforts to create independent payment systems, aiming to bypass Western financial dominance.
BRICS Advances Alternative Payment Systems to Reduce Western Dependence
BRICS nations are actively discussing the development of alternative payment platforms to reduce their dependence on American financial systems, Tass reported on Feb. 19, citing Russian Foreign Minister Sergey Lavrov. Addressing the Russian State Duma, Lavrov emphasized that the initiative was originally pushed by Brazilian President Luiz Inácio Lula da Silva.
“This is being discussed in BRICS, at the initiative of [Brazilian President Luiz Inacio] Lula da Silva … The previous summit stated a decision on the necessity of developing a proposal on alternative payment platforms through finance ministries and central banks,” he detailed, elaborating:
06.02.202505:25
BRICS: 2 Countries Officially Agree To Ditch the US Dollar For Trade
BRICS members India and Indonesia have officially agreed to abandon the US dollar and settle cross-border transactions in local currencies. The decision to use local currencies for trade comes even after Trump threatened to levy 100% tariffs on goods entering the US. Indonesia intended to promote its national currency for bilateral trade and India has accepted the new economic policy. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade.
Cross-border transactions between BRICS members India and Indonesia will soon be settled in local currencies and not the US dollar. The developing countries aim to deepen their financial integration and promote trade in national currencies to strengthen their GPDs. Trump is yet to react to the new policy where the US dollar is being sidelined and local currencies are taking center stage.
BRICS members India and Indonesia have officially agreed to abandon the US dollar and settle cross-border transactions in local currencies. The decision to use local currencies for trade comes even after Trump threatened to levy 100% tariffs on goods entering the US. Indonesia intended to promote its national currency for bilateral trade and India has accepted the new economic policy. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade.
Cross-border transactions between BRICS members India and Indonesia will soon be settled in local currencies and not the US dollar. The developing countries aim to deepen their financial integration and promote trade in national currencies to strengthen their GPDs. Trump is yet to react to the new policy where the US dollar is being sidelined and local currencies are taking center stage.
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