The BRICS bank was attempting to deplatform the IMF and dollar for a while... BRICS is Brazil, Russia, India, China, and South Africa... it was an unlikely alliance that Pompeo is saying they broke up
BRICS is an acronym for a block of nations that were seeking to displace the US dollar as the sole currency used for energy purchase, and as a reserve currency for their economies. Instead creating a "basket" of other currencies and commodies for that purpose. China and Russia are the bad guys Pompeo is referencing here.
B = Brazil I = India
These 2 are America's friends.
R = Russia C = China
These 2 are NOT America's friends.
Correct.
Brazil, Russia, India, China, ???. Just a thought.
That is correct - they were emerging economies in the early 2000's.
The BRICS bank was attempting to deplatform the IMF and dollar for a while... BRICS is Brazil, Russia, India, China, and South Africa... it was an unlikely alliance that Pompeo is saying they broke up
Nope. I saw that too. I was guessing they were factions or leaders or something.
Brazil, Russia, India, China, South Africa.
BRICS is an acronym for a block of nations that were seeking to displace the US dollar as the sole currency used for energy purchase, and as a reserve currency for their economies. Instead creating a "basket" of other currencies and commodies for that purpose. China and Russia are the bad guys Pompeo is referencing here.