More Countries Ready to Join BRICS Alliance
India’s Foreign Minister S. Jaishankar revealed that the number of countries ready to join the BRICS alliance is growing. Speaking at a session titled ‘India’s Rise and Role in the World’ in London, Jaishankar confirmed that the bloc is encouraging developing countries to break the norm and enter a new financial territory without having to depend on the US dollar for survival. Also Read: The U.S. Dollar is Losing Luster: Reuters Poll Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. The BRICS alliance is spearheading the de-dollarization agenda in a goal of making local currencies the world’s reserve status. The move could realign the global financial sector tilting the power from the West to the East. Also Read: US Dollar & Stock Market Weakens as Trump Tariffs Go Live Number of Countries Wanting to Join BRICS Alliance Increasing Jaishankar emphasized that the BRICS alliance is “a very diverse group...