Tag Archives: De-Dollarization

Russia’s Landmark BRICS Summit and the Specter of De-Dollarization

Last week saw a landmark summit of the BRICS group of nations, a nine-country economic bloc led by Moscow and Beijing, which drew representatives from 36 countries, including 22 heads of state. Held from Oct. 22 to Oct. 24 in the Russian city of Kazan, the event focused largely on “de-dollarization”—the idea of phasing out

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