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The BRICS summit dedollarization and the global realignment

· 5 min read

The BRICS summit, de-dollarization, and the global realignment

Last month’s BRICS summit saw representatives from thirty-six countries discuss the formation of a new world order without dollar dominance—and, by extension, one in which America and its allies no longer play a preeminent role. As BRICS member states alleviate bilateral tensions and Global South countries turn away from American aid, Washington urgently needs to adjust to today’s shifting geopolitical landscape.

The BRICS summit, de-dollarization, and the global realignment