Milei Plans to Reject BRICS, Back US Dollar as Argentina's President
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Argentina's new president, right-wing populist Javier Milei, plans to decline BRICS membership and support using the US dollar for global transactions.
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Milei is strongly critical of BRICS, calling China and Russia "assassin governments" and criticizing Brazil for enabling BRICS in South America.
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Milei may officially reject BRICS membership in December and replace the peso with the US dollar as Argentina's currency.
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Declining BRICS would make Argentina the first country to reject the bloc's invitation for membership.
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Milei has bold visions including closing the central bank and buying bitcoin reserves, which could significantly impact Argentina's economy.