DeDollarization
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đđ Exciting News Flash from BRICS 2024 Summit! đđ
Prepare for a revolutionary transformation! đ The forthcoming BRICS 2024 summit nestled in the picturesque Kazan region of Russia promises to redefine the global stage. đ With the addition of four new nations â UAE, Egypt, Iran, and Ethiopia â brace yourself for an unparalleled alliance among nations. đ€
đ **Farewell to the Dollar: De-Dollarization Takes Center Stage:** Bid adieu to the traditional order as BRICS nations rally behind digital currencies, signaling a monumental shift away from the dominance of the dollar. đ± This bold initiative reaffirms our commitment to reshaping the global financial terrain. đŒ
đ„ **A Vision for a Multi-Polar World:** With unwavering determination, Russian Deputy Foreign Minister Sergey Ryabkov heralds BRICS' trajectory towards triumph. đȘ Together, we are crafting a potent collaboration framework, illuminating the path in an emerging multi-polar world. đ
đ **Eagerly Awaiting New Milestones:** As the countdown begins for the Kazan summit this October, brace yourself for extraordinary breakthroughs in cooperation among BRICS nations. đ Keep an eye out for updates as we pave the way towards a brighter, more inclusive future! đâš
#BRICS2024 #DeDollarization #GlobalCooperation #KazanSummit đđ #Megadrop
Prepare for a revolutionary transformation! đ The forthcoming BRICS 2024 summit nestled in the picturesque Kazan region of Russia promises to redefine the global stage. đ With the addition of four new nations â UAE, Egypt, Iran, and Ethiopia â brace yourself for an unparalleled alliance among nations. đ€
đ **Farewell to the Dollar: De-Dollarization Takes Center Stage:** Bid adieu to the traditional order as BRICS nations rally behind digital currencies, signaling a monumental shift away from the dominance of the dollar. đ± This bold initiative reaffirms our commitment to reshaping the global financial terrain. đŒ
đ„ **A Vision for a Multi-Polar World:** With unwavering determination, Russian Deputy Foreign Minister Sergey Ryabkov heralds BRICS' trajectory towards triumph. đȘ Together, we are crafting a potent collaboration framework, illuminating the path in an emerging multi-polar world. đ
đ **Eagerly Awaiting New Milestones:** As the countdown begins for the Kazan summit this October, brace yourself for extraordinary breakthroughs in cooperation among BRICS nations. đ Keep an eye out for updates as we pave the way towards a brighter, more inclusive future! đâš
#BRICS2024 #DeDollarization #GlobalCooperation #KazanSummit đđ #Megadrop
đ 47 Countries Ready to Join the BRICS Alliance! đThe BRICS alliance is gaining momentum, with 47 nations eager to join the movement away from the US dollar and towards local currencies. Developing countries from Asia, Africa, South America, and Eastern Europe are lining up to be part of this historic shift.With 26 nations already formally applying and 21 more expressing interest, the upcoming BRICS summit in October 2024 will be one to watch. Could this be the start of a new financial era?Stay informed and keep an eye on how these changes might impact global markets. đ#BRICS #BRICSAlliance #DeDollarization #GlobalEconomy #BinanceUpdates
đš "America Will Become a Third-World Country!" â Donald Trump Warns of Dollar Collapse đš
In a recent speech, Donald Trump warned that if the US loses its global reserve currency status, the country could become a third-world nation. As BRICS nations move to challenge the dollar's power, Trump says losing its dominance is like losing a war.
Countries like Russia, China, and Iran are pushing away from the dollar, and Trump claims sanctions have only worsened the situation. To counter this, he promises to impose a 100% tariff on any country that abandons the dollar.
With tensions rising and the global economy shifting, Trumpâs warning could signal the start of a major financial battle. What do you thinkâare we on the brink of a new world order?
#Trump #DeDollarization #BRICS #GlobalEconomy #USD
Countries like Russia, China, and Iran are pushing away from the dollar, and Trump claims sanctions have only worsened the situation. To counter this, he promises to impose a 100% tariff on any country that abandons the dollar.
With tensions rising and the global economy shifting, Trumpâs warning could signal the start of a major financial battle. What do you thinkâare we on the brink of a new world order?
#Trump #DeDollarization #BRICS #GlobalEconomy #USD
đš Ruble in Freefall: Russia's Bold Move to Redefine Global Currency Rules! đš
The Russian ruble is nearing the 100-per-dollar mark, a level that once indicated panic, yet the Kremlin seems unfazed. Instead, Russia appears to be embracing this decline as part of a larger strategy. Hereâs why:
đ„ Why Let the Ruble Crash?
Insiders suggest that a weaker ruble helps bolster Russia's budget ahead of increased military spending. Despite inflation soaring beyond the 4% target, officials believe they can manage the situation to their advantage.
đ Sanctions Tighten the Grip
Western sanctions have led to foreign currency shortages, exacerbated by the U.S. deadline for exiting the Moscow Exchange. Stricter capital controls now require 43 major exporters to convert a significant portion of their foreign earnings into rubles.
â ïž The Yuan's Role & Payment Delays
The yuan has become Russia's preferred currency, but it's also depreciatingâdown 11% against the ruble. Exporters are facing payment delays, with cross-border transactions now taking over a month to process, worsening the liquidity crunch.
đ A New Payment System?
Putin is exploring a BRICS payment network, potentially utilizing blockchain technology to lessen reliance on the "toxic" dollar. This could signal a new era in international trade.
đ Whatâs Next?
With inflation rising and interest rates hitting 19%, the Central Bank may hike rates again soon. As the ruble gains traction in international settlements, Russiaâs currency strategy is set to reshape global markets. Will this gamble pay off, or could it lead to unforeseen consequences?
#Geopolitics #CryptoNews #BRICS #DeDollarization #Write2Earn!
The Russian ruble is nearing the 100-per-dollar mark, a level that once indicated panic, yet the Kremlin seems unfazed. Instead, Russia appears to be embracing this decline as part of a larger strategy. Hereâs why:
đ„ Why Let the Ruble Crash?
Insiders suggest that a weaker ruble helps bolster Russia's budget ahead of increased military spending. Despite inflation soaring beyond the 4% target, officials believe they can manage the situation to their advantage.
đ Sanctions Tighten the Grip
Western sanctions have led to foreign currency shortages, exacerbated by the U.S. deadline for exiting the Moscow Exchange. Stricter capital controls now require 43 major exporters to convert a significant portion of their foreign earnings into rubles.
â ïž The Yuan's Role & Payment Delays
The yuan has become Russia's preferred currency, but it's also depreciatingâdown 11% against the ruble. Exporters are facing payment delays, with cross-border transactions now taking over a month to process, worsening the liquidity crunch.
đ A New Payment System?
Putin is exploring a BRICS payment network, potentially utilizing blockchain technology to lessen reliance on the "toxic" dollar. This could signal a new era in international trade.
đ Whatâs Next?
With inflation rising and interest rates hitting 19%, the Central Bank may hike rates again soon. As the ruble gains traction in international settlements, Russiaâs currency strategy is set to reshape global markets. Will this gamble pay off, or could it lead to unforeseen consequences?
#Geopolitics #CryptoNews #BRICS #DeDollarization #Write2Earn!
