De-dollarization: Why BRICS & Global South want alternatives to US dollar  @GeopoliticalEconomyReport
De-dollarization: Why BRICS & Global South want alternatives to US dollar  @GeopoliticalEconomyReport
Geopolitical Economy Report | De-dollarization: Why BRICS & Global South want alternatives to US dollar @GeopoliticalEconomyReport | Uploaded January 2024 | Updated October 2024, 2 hours ago.
The expanding BRICS bloc and many Global South countries are trying to de-dollarize, diversifying their foreign exchange reserves and trading with local currencies, due to the threat of US sanctions and rising Fed interest rates that make it difficult to service dollar-denominated debt. Ben Norton explains.

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