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Absolutely astonishing that Iran and Saudi Arabia would be admitted side-by-side. Geopolitical arch-rivals joining the same economic bloc like this might signal a watershed moment for multipolarity.
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Absolutely astonishing that Iran and Saudi Arabia would be admitted side-by-side. Geopolitical arch-rivals joining the same economic bloc like this might signal a watershed moment for multipolarity.
I don't think a Euro-style common currency would be on the table (that'd be a clusterfuck). They're talking about a gold-backed currency to settle international trade in. For example, when Russia sells oil to India, they currently pay in Yuan because India doesn't export enough back to Russia.
With a settlement currency, they could settle in BricsBux instead.
I hear they're gonna use robux
Modi proposes the adoption of Google gift cards sent by gullible boomers to "Microsoft Tech Support" as official BRICS currency.
They could call the currency brics.
"Yeah, that'll be 59 brics please"