Are BRICS Countries Already Challenging The US-Led World Order? The Bottom Line . . .

[Seven11 (Leviticus 16:10)]

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Are BRICS Countries Already Challenging The US-Led World Order?
[The Bottom Line]
(Al Jazeera English)

The American empire has peaked “and we are on the way down… and we try to hold on”, says Richard Wolff, professor emeritus of economics at the University of Massachusetts Amherst, who notes that the BRICS coalition of economies (Brazil, Russia, India, China and South Africa) is gaining an edge over the United States.

Wolff tells host Steve Clemons that it’s “a very difficult experience for Americans” to realise that they lost wars in Vietnam, Afghanistan and Iraq. And despite unconditional support from the US, Israel will not be able to prevail in the long run.

“Israel is a country of a few million people and is not going to control and run the Middle East … with or without the United States,” argues Wolff.

This video was released 3 hours ago by Al Jazeera English on YouTube.

Here is the video: https://www.youtube.com/watch?v=FwOXoLlq0l8

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[Sami (Matthew 21:43)]

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South Africa's BRICS Closing Speech Shocks the World | Reveals Plans to Punish Israel!
(We Love Africa)

The BRICS Summit comes to an end in Kazan on October 24. More than 20 world leaders and over 30 delegations gather for the 16th BRICS Summit, set to be one of the major economic, political and cultural events of the decade, hosted by Russia in the beautiful city of Kazan. The past year has seen BRICS grow in both size and influence to nearly half the world’s population and a third of the global economy. An BRICS Plus/outreach format is also taking place, with world leaders and heads of the Eurasian Economic Union, Commonwealth of Independent States and the Shanghai Co-operation Organisation, among many others. The leaders of Russia, China, India and South Africa are among those who have confirmed their participation.

This video was released 8 hours ago by We Love Africa on YouTube.

Here is the video: https://www.youtube.com/watch?v=69iORp1ZFZM

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[Sami (Matthew 21:43)]

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Putin Pushes For Alternative Payment System At BRICS | De-Dollarisation!
(Vantage with Palki Sharma)

Putin Pushes for Alternative Payment System at BRICS | De-Dollarisation | Vantage with Palki Sharma

At the BRICS summit in Kazan, Vladimir Putin called for an alternative international payment system to counter the US dollar’s dominance, criticising its use as a political weapon. Russia is working on creating a payment infrastructure to bypass the SWIFT system, but the summit communique showed little progress on this front. This comes as the Russian economy faces a slew of western sanctions - which have pushed local banks out of the SWIFT system. Can India's UPI emerge as a suitable alternative? Palki Sharma tells you more.

This video was released 8 hours ago by Firstpost on YouTube.

Here is the video: https://www.youtube.com/watch?v=JBgitzPaLuw

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[Sami (Matthew 21:43)]

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Russia Announce NEW BRICS Clearing System In BRICS Summit: End Of Dollar And IMF?
(Fastepo)

This video was released 5 hours ago by Fastego on YouTube.

Here is the video: https://www.youtube.com/watch?v=kL2C34ENxbU

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[PoorButWiseOldMan (Ecclesiastes 9:13-16)]

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Goodbye, Dollar Dominance: BRICS Plans 'Multi-Currency System'
To Transform Global Financial Order!
(Ben Norton, Geopolitical Economy Report)

BRICS plans to challenge US dollar dominance and transform the international monetary and financial system by developing infrastructure for cross-border payments using local currencies. Russia made a detailed proposal for the October Kazan summit. Ben Norton analyzes the report, explaining how the US-dominated financial system benefits rich Western countries at the expense of the Global South -- which is why BRICS is pushing to change it.

This video was released 1 month ago by Geopolitical Economy Report on YouTube.

Here is the video: https://www.youtube.com/watch?v=3pHr5yzLEHA&t=561s

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[Formula (Prov. 22:4)]

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Re: Are BRICS Countries Already Challenging The US-Led World Order?
The Bottom Line . . .

See Link On This topic: http://jehovahstruth.com/forum/viewtopic.php?t=306

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[Known (Psalms 98:6)]

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Russia Proposes IMF Alternative: Can BRICS Set A New World Order?
(WION [World Is One News])

Is BRICS Becoming The New United Nations?

Ahead of the BRICS Summit to be held later this month, Russia which chairs the BRICS group has called on its partners to come up with an alternative to the International Monetary Fund(IMF). The reason being it is bearing the brunt of Western sanctions due to its war in Ukraine. BRICS comprise countries which are key drivers of economic growth, most notably India and China which are the fastest-growing economies. With more countries joining hands, BRICS is fast emerging as a geopolitical counterweight to the West, which seeks to challenge the hegemony of Western institutions such as the World Bank and the United Nations.

This video was released 1 month ago by WIONon YouTube.

Here is the video: https://www.youtube.com/watch?v=-WSgJ5hq7IE

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[PoorButWiseOldMan (Ecclesiastes 9:13-16)]

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BRICS New Digital Currency Is HERE! What Happens To The US Dollar Now?
(Cyrus Jannsen)

Thanks to Lear Capital for sponsoring today's video on BRICS and the US Dollar.

This video was released 6 months ago by Cyrus Jannsen on Youtube.

Here is the video: https://www.youtube.com/watch?v=JKw4VPsTFLo

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[12 Springs (Exodus 15:27)]

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Warren Buffett: A "Storm is Brewing" In The Banking Industry
. . . In The Year Of 2025!!!
(Investor Center)

Legendary investor Warren Buffett is warning about a 2.2 trillion dollar storm that is about to strike the banking industry. The consequences of which will likely be felt for years to come. As you are about to see, a problem of this magnitude didn’t form overnight. The origins of this crisis date back more than 40 years. Now, it’s finally too big to ignore. With each passing day, we are getting closer to impact. Listen to Buffett explain.

To truly understand what Buffett is saying, you first need to understand the business model of a bank. At their core, banks are in the business of lending money. On the surface, it seems like a pretty simple business. Banks have money and they lend that money out to people and businesses that need it. The borrower pays the bank back the money, with interest, over time until the loan is paid off in full. The borrower is happy because they got to purchase something they otherwise wouldn’t have been able to afford. The bank is happy because it was able to make money on the loan in the form of interest paid by the borrower.

If you have ever interacted with a bank, you probably understand this part of the banking model first hand. However, the actual loaning of the money is only part of the story. What really matters in understanding Buffett’s warning is how banks even get the money that they loan out in the first place. This is an often hidden aspect of the banking business model that has the potential to make things extremely risky. What I’m about to say may come as a surprise to some people but when banks give out a loan, they actually aren’t lending out their own money.

Topics covered in the video include Warren Buffett, the banking industry, Silicone Valley Bank, regional banks, the banking crisis, real estate, commercial real estate, commercial real estate crash, the housing market, investing, Warren Buffett’s portfolio, and the stock market

This video was released 10 months ago by Investor Center on YouTube.

Here is the video: https://www.youtube.com/watch?v=3_jC2RBAa3Y

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[HisLaw (Isaiah 42:4)]

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BRICS Currency Anger the US, Trump Threaten 100% Tariffs: Is The Dollar Falling?
(Fastepo)

This video was released 1 hour ago by Fastepo on YouTube.

Here is the video: https://www.youtube.com/watch?v=vhARqLpT09s

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