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“BRICS” News on Sunday 5-19-2024

BRICS to Open a Central Bank  Iraqs Relationship to BRICS Exchange Rate Up

Edu Matrix:  5-19-2024

BRICS to Open a Central Bank

Iraq's Relationship to BRICS

Exchange Rate Up

There is no doubt BRICS would like for a country like Iraq to join. Iraq is not only US dollars rich, but also oil rich.

A BRICS Central Bank changes the global line-up.

https://www.youtube.com/watch?v=5zI7BSOGUK0

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BRICS Currency Terminates US Dollar: What next?

Fastepo:  5-18-2024

Iran and Russia are forging ahead with plans to create a unified currency for the BRICS+ nations, a groundbreaking initiative announced by Iranian Ambassador to Russia, Kazem Jalali, during the "Russia - Islamic World: KazanForum" in May 2024.

Jalali passionately emphasized Iran's unwavering commitment to this strategic move, which seeks to diminish dependence on the US dollar and foster robust economic cooperation among BRICS countries.

The KazanForum, held from May 14-19, 2024, served as a crucial platform for discussing this ambitious project.

Iran's active participation in BRICS aligns with its broader objectives of mitigating the effects of US sanctions and strengthening economic ties with key global players like China and Russia.

This initiative is a significant component of a larger effort to develop a blockchain-based digital currency payment system, designed to ensure more secure and efficient cross-border transactions within the BRICS framework.

https://www.youtube.com/watch?v=r_xS7wfFS8I

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