Free Republic

With less than a month before the crucial BRICS annual summit in Kazan under the Russian presidency, serious informed discussions are raging in Moscow and other Eurasian capitals on what should be at the table in the de-dollarization and alternative payment system front. Earlier this month Andrey Mikhailishin, head of the task force on financial services of the BRICS Business Council, detailed the list of top projects under consideration. They include: A common unit of account - as in The Unit, whose contours were first revealed exclusively by Sputnik. A platform for multilateral settlements and payments in BRICS digital currencies,...