Posted 2/28/2024, 2:04:39 PM
BRICS Alliance Expands, 25 Countries Seek Membership to Shift Away from US Dollar
- BRICS alliance expanded from 5 to 9 members in 2024 and aims to shift global finance away from US dollar
- 25 developing countries are on waitlist to join BRICS as it promises to strengthen native economies
- South Africa's Ambassador confirmed 25 countries applied and decision on new members will come at October 2024 summit
- Applicant countries want to end dependence on US dollar and boost own economies
- It's unclear how many applicants will actually join as current BRICS members have to agree
