Saudi Arabia, UAE, Ethiopia, Iran, Egypt confirmed they are joining BRICS - eviltoast
Five of the six countries invited to join the BRICS bloc of developing nations from 1 January have confirmed they are joining, South Africa announced today. Saudi Arabia, the United...
  • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
    501·
    10 months ago

    Basically yeah, with Saudis and Russia trading oil outside the dollar nobody is going to have to go through SWIFT to buy oil going forward.

    • 小莱卡@lemmygrad.ml
      42·
      10 months ago

      I remember them getting invited to BRICS but i didn’t get my hopes up since it was just an invitation. Now it is a reality, this is kind of a huge blow to US hegemony.