Friday, July 12, 2024

'US Sanctions backfired': De-dollarization tops agenda of BRICS Parliamentary Forum

from PressTV

The 10th BRICS Parliamentary Forum has kicked off in the Russian city of St. Petersburg, with de-dollarization being at the top of the agenda of the event that saw the participation of Iran’s Parliament Speaker Mohammad Baqer Qalibaf.

Speaking at the forum on Thursday, Vyacheslav Volodin, the chairman of the State Duma (the lower house of the Russian parliament), noted that dollar is losing its status as a world reserve currency.

He said sovereign countries, particularly BRICS members, are beginning to ditch the “toxic” dollar in order to “ensure their financial security.”

"Last year, its (dollar’s) share in export-import transactions within the framework of the association was only 28.7%," Volodin added.

He noted that the US and Western countries have used international payment systems and the dollar as a tool of political pressure, but the sanctions have backfired...

read more here

3 comments:

  1. JoeKer's reaction to this latest ghastly backfire nooz:
    https://giphy.com/gifs/clinton-administration-dAvvMX8BLOvCg

    ReplyDelete
  2. Col. Douglas Macgregor: US Foreign Policy on the Brink
    Judge Napolitano - Judging Freedom
    july12
    https://www.youtube.com/watch?v=QRR2iF0We5w
    14K views Streamed 27 minutes

    ReplyDelete
  3. Just realized this is out.
    Problem is the top 8 perps Tucker claims are responsible shown on the cover are nowhere near the real faces that should be shown here.
    What he's got is merely an amassed gaggle of low-hanging fruit assclowns, a clown tree you could say, who only think in their diseased minds that they're important or in charge of anything.

    https://d28hgpri8am2if.cloudfront.net/book_images/onix/cvr9781501183669/ship-of-fools-9781501183669_xlg.jpg

    ReplyDelete