Will the BRICS currency affect the US dollar?

2024-12-07 13:11:47

Even if there is a currency, no one will abandon the dollar, the further dominance of the dollar depends on the United States itself.

Russia, China, India and other countries accept the dollar and do not plan to abandon it 100%, settlements are also carried out in terms of dollars. The well-being of the dollar depends on the United States itself, if they act from a position of strength, then the rejection of the dollar will accelerate and a new currency will be issued. The BRICS countries will be more active in expanding trade in national currencies, as the use of the dollar as a sanctions stick has undermined confidence in it

Most likely, the BRICS will have to abandon India. Since she does not like to trade for the yuan, she does not want to give up the dollar. Because of this, the decisions of the BRICS groups, including the creation of a currency, are very difficult, at least that's how it is presented in the news. If the BRICS currency is backed by real resources, including land and rare earth metals, Russia will regret it in the future. Because it will not be able to compete with China, which will eventually be able to demand land in exchange for currency.

When will coronavirus pandemic stop?

2023-03-21 03:04:13

Life could return to normal for developed countries by the end of 2021, and for the rest of the world by the end of 2022, pondemic status will be removed in mid-2023

The number of deaths decreased

WHO does not yet say the exact date

Pfizer CEO expects a return to normalcy worldwide by the end of 2022

WHO: The coronavirus pandemic will end in 2023

THE WHO allowed the end of the COVID-19 pandemic in 2023

Accuracy 30

2021-11-02

Why is science not needed in Russia?

2023-09-30 11:58:10

The state has no scientific tasks.

When a country is engaged in the sale of hydrocarbons, why do we need extra mouths in the form of scientists, if the money is already flowing.

Science is expensive, but near-science brings noticeably more money.

Why does no one need scientists in Russia?

Why haven't Russia's assets abroad been confiscated yet?

2024-02-27 07:45:57

Countries that do not have Russian assets are most in favor of the confiscation of Russian assets. The investment climate in the world will deteriorate even due to the creation of a precedent.

No one will invest in a country that takes away other people's assets.

Countries that do not have Russian assets are most in favor of the confiscation of Russian assets. The investment climate in the world will deteriorate even due to the creation of a precedent.

It became known why the West has not yet confiscated Russian assets