BRICS Advancing To Erode U.S. Dollar Global Reserve Status With ‘Multipolar World'
BRICS countries are leaving no stone unturned in making the U.S. dollar’s global reserve status erode in international trade settlements. China, Russia, and Brazil are moving at rapid speed to eliminate the USD’s global dominance and replace it with a new currency. Russian Foreign Minister, Sergey Lavrov landed in Brazil on Wednesday for a bilateral meeting and said in a press conference that Russia plans to build a “multipolar” financial world sidelining the United States. Also Read: BRICS Advancing To Eliminate U.S. Dollar Financial System Lavrov is on a Latin American tour and visits to Brazil, Venezuela, Nicaragua, and Cuba are on his schedule. During a meeting with Brazilian Minister of Foreign Affairs Mauro Vieira, Lavrov said that Russia and Brazil are collaborating to construct the vision for a “multipolar world” . The U.S. will have no power over the BRICS’ decision on plans to dominate the international trade arena. “Brazil and Russia have a single vision. We ...