Russia Convincing Middle East Countries To Accept BRICS Currency
Russia is advancing in its mission to gain new allies and destabilize the U.S. dollar. Russian Deputy Prime Minister Alexey Overchuk confirmed that the administration is seeking partners and quickening the pace for BRICS currency. According to the Deputy PM, if more countries accept the soon-to-be-released BRICS currency, more damage could be implicated to the U.S. dollar. The demand and supply for a new BRICS currency could send the U.S. dollar on a path of decline. Also Read: 13 Countries Submit Applications To Join BRICS Alliance Overchuk revealed that Russia is looking to strengthen its ties, particularly with oil-rich Islamic nations from the Middle East. Saudi Arabia , Bahrain, and the United Arab Emirates have shown their interest to join the BRICS alliance. “Our relations with (the Islamic world) cannot but be influenced by the global shifts that are taking place and the global trends. We are talking about processes of de-dollarization and the creation of an ind...