De-dollarization “Irreversible” – Putin Tells BRICS Summit In Remote Address
- De-dollarization “Irreversible” – Putin Tells BRICS Summit In Remote Address
by Tyler Durden, https://www.zerohedge.com/
Update(1704ET): In their inaugural day ‘family photo’, BRICS leaders posed without Russia’s President Putin, as FM Lavrov took his place given the ICC arrest warrant and Rome Statute would require the South African government to seek his arrest.
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Putin addressed the summit remotely, and emphasized in the Russian-language speech that de-dollarization is “gaining momentum”. He said the dollar’s receding global centrality is an “objective and irreversible” process. As expected he struck an optimistic tone about the bloc’s future, also at a moment China’s XI is urging BRICS to become a geopolitical rival to the G7:
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