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BRICS' Expansion in the Global South
https://oilprice.com ^ | Jan 08, 2024, 1:00 PM CST | By ZeroHedge

Posted on 01/20/2024 12:20:02 PM PST by RomanSoldier19

Iran, Saudi Arabia, Egypt, Ethiopia and the United Arab Emirates formally joined the BRICS group of major emerging economies on January 1, 2024.

Argentina, which was also invited to join BRICS declared a formal rejection of the offer on 29 December, 2023.

Adding major fossil-fuel producers may give the bloc more scope to challenge the dollar’s dominance in oil and gas trading by switching to other currencies.

(Excerpt) Read more at oilprice.com ...


TOPICS:
KEYWORDS: news

1 posted on 01/20/2024 12:20:02 PM PST by RomanSoldier19
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To: RomanSoldier19

This is not something light but should be taken seriously.....keep an eye on it’s growth and where it’s directing it’s funds.


2 posted on 01/20/2024 12:23:37 PM PST by caww (O death, when you seized my Lord, you lost your grip on me......)
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To: caww

Powers that be are attempting to destroy the U.S. monetary system before President Trump is sworn into office.

It’s not going to happen.


3 posted on 01/20/2024 12:25:45 PM PST by stars & stripes forever (Blessed is the nation down GOD is the LORD. (Psalm 33:12))
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To: stars & stripes forever

I don’t think Brics is worried about what we do frankly. They are marching to their own drummer.


4 posted on 01/20/2024 12:35:42 PM PST by caww (O death, when you seized my Lord, you lost your grip on me......)
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To: RomanSoldier19

.


5 posted on 01/20/2024 1:08:40 PM PST by sauropod (The obedient always think of themselves as virtuous rather than cowardly.)
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To: caww

Under Biden and his communist regime America s can expect to live in the third world. Before this is all over Americans will probably rise up in a revolution eerily similar to the French Revolution - lots of dead, self-satisfied pricks.


6 posted on 01/20/2024 1:28:42 PM PST by wildcard_redneck (He who sacrifices freedom for security deserves neither.)
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To: RomanSoldier19

Time to tell BRICS members that they’ve just lost all U.S. aid...
guess we’ll have to wait until Jan 2025 for that.


7 posted on 01/20/2024 2:20:45 PM PST by stylin19a (Why do they sterilize the needle for lethal injections?)
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To: caww

Until these countries can address their corruption, they will not be a threat to the reserve currency. They’re getting pretty tired of absorbing our inflation though.


8 posted on 01/20/2024 3:11:05 PM PST by griswold3 (Truth, Beauty and Goodness. )
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To: griswold3

—> Until these countries can address their corruption, they will not be a threat to the reserve currency.

Love our corruption to be addressed as well!


9 posted on 01/20/2024 3:12:45 PM PST by aMorePerfectUnion
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To: aMorePerfectUnion

We’re the best house on the worst block


10 posted on 01/20/2024 3:14:49 PM PST by griswold3 (Truth, Beauty and Goodness. )
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To: stylin19a

FYI Saudi Arabia rec’d $18,500 from US foreign aid last year. Not millions, that exact number.

And btw S. Korea got $693K. Canada . . . gave us $21M in foreign aid. Humiliating.


11 posted on 01/20/2024 3:48:32 PM PST by Owen (.)
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To: Owen

whoa...thanx for that.


12 posted on 01/20/2024 4:22:25 PM PST by stylin19a (Why do they sterilize the needle for lethal injections?)
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