BRICS: Egypt Officially Ditches US Dollar For Trade

BRICS: Egypt Officially Ditches US Dollar For Trade

A newly welcomed BRICS nation, Egypt has officially ditched the US dollar for trade, opting…

Watcher Guru

By Joshua Ramos

The BRICS expansion was the first time the alliance grew since 2001 and had massive geopolitical implications. Alongside Egypt, Iran, Saudi Arabia, the United Arab Emirates (UAE), and Ethiopia are expected to join the bloc. Now, Egypt has already expressed its desire to move away from the greenback in trade.

Egypt is the Latest Country to Ditch the US Dollar for Local Currencies

For much of the last year, BRICS made countless headlines for its activities and initiatives. Those actions were defined by its desire to decrease the international prevalence of the US dollar and to grow its ranks. Subsequently, both of those goals coincide with a development that occurred this week.

Read Full Article Here…(watcher.guru)

Home | Caravan to Midnight (zutalk.com)

Live Stream + Chat (zutalk.com)

We Need Your Help to Keep Caravan To Midnight Going,

Please Consider Donating to Help Keep Independent Media Independent