👔🏳️💲🇷🇺Putin to present “plan for victory over the dollar” at BRICS summit – The Economist‼️
The British newspaper states that the summit starting today in Kazan could deliver a decisive blow to the dollar system.
Predictably, Putin is expected to propose the establishment of a new global financial and payment system to the BRICS leaders in order to “strike a blow against U.S. dominance in world finance and protect Russia and its friends from sanctions.”
📝 “Putin hopes to capitalize on dissatisfaction with the dollar at the BRICS summit. For him, creating a new system is an urgent priority and a geopolitical strategy,” the article states.
❗️ If the new system can provide cheaper and faster payments, it may attract interest from developing economies, posing a threat to the Western financial system – according to The Economist.
