BlogNewsWill The Expanded BRICS Finally Dethrone The Dollar With Help From Crypto?

Will The Expanded BRICS Finally Dethrone The Dollar With Help From Crypto?

will-the-expanded-brics-finally-dethrone-the-dollar-with-help-from-crypto?

The economies of the BRICS group, which until now has included Brazil, Russia, India, China, and South Africa, already in 2023 accounted for 32% of the world’s GDP – compared to 30% for the G7 countries. The bloc will yield even more influence in 2024, with the addition of Saudi Arabia, the UAE, Iran, Egypt, and Ethiopia Continue…

BRICS is an informal group of states comprising the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa. The growing economic might of BRICS countries, their significance as one of the main driving forces of global economic development, their substantial population and abundant natural resources form the foundation of their influence on the international scene.

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