Posted 12/15/2023, 9:31:55 PM
BRICS Alliance Expands to 11 Countries, Weighs Launch of Shared Currency
- BRICS alliance has expanded in 2023, adding 6 new member countries
- Alliance has geopolitical importance and implements policies with global impact
- BRICS could announce further expansion in 2024, as more countries have applied to join
- Alternative major announcement could be launch of long-discussed native BRICS currency
- New currency would have major implications for global trade and unilateral settlements