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.
