Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Foreign Affairs

TexasTowelie

(117,040 posts) Mon Oct 21, 2024, 03:07 AM Oct 21

Russia to persuade BRICS allies to end dollar dominance at upcoming summit - CNA

Russia, facing western sanctions, is expected to convince its allies to adopt an alternative to the dollar for global payments at an upcoming BRICS summit. The gathering of emerging economies will take place in the Russian city of Kazan from Tuesday (Oct 22) to Thursday. Russia is likely to show that it is immune from western attempts to isolate it, and persuade other members in the grouping to join its bid to overhaul the global financial system. CNA’s Dasha Chernyshova reports.