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☆ Yσɠƚԋσʂ ☆ @lemmy.ml

1y ago

Saudi Arabia, UAE, Ethiopia, Iran, Egypt confirmed they are joining BRICS

www.middleeastmonitor.com

Saudi Arabia, UAE, Ethiopia, Iran, Egypt confirmed they are joining BRICS

World News @lemmy.ml

☆ Yσɠƚԋσʂ ☆ @lemmy.ml

1y ago

Saudi Arabia, UAE, Ethiopia, Iran, Egypt confirmed they are joining BRICS

www.middleeastmonitor.com /20240131-saudi-arabia-uae-ethiopia-iran-egypt-confirmed-they-are-joining-brics/

25 comments

Saudi Arabia?? 😐 is this actually the end of the petrodollar?
- Basically yeah, with Saudis and Russia trading oil outside the dollar nobody is going to have to go through SWIFT to buy oil going forward.
  
  I remember them getting invited to BRICS but i didn't get my hopes up since it was just an invitation. Now it is a reality, this is kind of a huge blow to US hegemony.
- Inshallah
I hope this works out for the best for all.
- I hope it doesn't work out the best for the west.
  
  You mean USA. Europe doesn't know it yet, but this will be good for them as well. BRICS goal is to create a frictionless payment system instead of going through US banks and giving them a cut. Once governments start understanding this isn't some weird China/Russia hegemony thing, everyone is going to benefit. Except obviously the US who is trying to collect a toll.
- I hope everyone has fun
World's most unpronounceable acronym incoming
- haha that's why all the new members just get rolled up into + in BRICS+ :)
  
  You're telling me they're aren't going to go with BUAEREISAEICS?
  
  Sounds like a new streaming service
Argentina
SEXXOOOOOOO

25 comments