Seeds of Wisdom RV and Economics Updates Saturday Afternoon 9-27-25
Good Afternoon Dinar Recaps,
Palestine Applies for BRICS Membership Amid Shifting Global Alliances
The bid underscores both Palestine’s search for economic security and BRICS’ growing role as a counterweight to U.S. dollar dominance.
Palestine Submits Formal Application
Palestine has officially applied to join the BRICS alliance, confirmed by Palestinian Ambassador to Russia Abdel Hafiz Nofal. However, no response has yet been received.
Nofal explained that Palestine may initially participate as a guest nation until conditions are favorable for full membership. Palestinian President Mahmoud Abbas emphasized plans to meet with Russian President Vladimir Putin at the upcoming Russian-Arab summit in Moscow on October 15, where BRICS membership is likely to be discussed.
BRICS Expansion Momentum
Palestine is now the 47th country to apply for BRICS membership.
23 nations have formally submitted applications.
24 others have expressed informal interest.
This wave of applications reflects BRICS’ rising influence as emerging economies seek alternatives to Western-dominated systems. The bloc has positioned itself as the only global alliance openly challenging the U.S. dollar’s reign in trade and reserves.
Why Palestine Seeks BRICS Alignment
For Palestine, BRICS represents:
Economic survival: Tensions with Israel have heavily weakened its economy.
Global visibility: Membership would offer leverage within a coalition of developing economies.
Monetary independence: Participation in BRICS-led alternatives could shield Palestine from reliance on Western-controlled financial systems.
As Palestinian officials noted, without partnerships with other economies, the State’s finances risk suffocation.
Geopolitical Implications
Palestine’s application is not just symbolic. It reflects how geopolitical fractures are pushing even smaller states to seek refuge within blocs like BRICS. By positioning itself with Russia, China, and India, Palestine signals alignment with powers reshaping trade flows, energy security, and monetary systems.
If Palestine were to join, it would bring Middle Eastern political dynamics directly into BRICS’ orbit — creating new tensions with the U.S. and Israel.
Why This Matters
Palestine’s BRICS bid highlights how the bloc is evolving into a magnet for nations marginalized by the Western-led order. For smaller economies under pressure, BRICS offers not only diplomatic backing but also the chance to participate in de-dollarization strategies — gradually moving trade and finance away from dependence on the U.S. dollar.
That is why this development is about more than regional politics: it ties into the global restructuring of finance, trade, and power itself.
This is not just politics — it’s global finance restructuring before our eyes.
@ Newshounds News™ Exclusive
Source: Watcher.Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Gold/Silver Rate COMEX
Follow Fast Facts
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps