BRICS Expansion Poses 2024 Dollar Challenge, Says Expert
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Expert Rebecca Walser predicts big challenges for the US Dollar from BRICS in 2024 due to the expansion of the economic alliance.
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Walser sees the addition of Saudi Arabia and UAE to BRICS as a step towards ending the dollar's hegemony.
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Combined GDP of BRICS nations is now greater than G7 nations according to Walser.
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Walser highlights potential for Saudi Arabia, UAE and OPEC to start selling oil outside US dollars.
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BRICS expansion impacts global energy markets amidst bloc's de-dollarization plans, posing a challenge to the greenback.