Quote from: DrBeer on Today at 04:00:34 PM

Quote from: Argoo on Today at 01:33:39 PM

Quote from: pooya87 on Today at 05:33:09 AM

The 15th BRICS summit is going to be very interesting which will be held on 22 – 24 August (about a month from now) and some are saying the BRICS new currency will be revealed then. This could potentially have a significant effect on the ongoing dedollarisation around the globe.

This summit of the BRICS countries still arouses a very lively interest in that South Africa is the host country and Putin should be present as president of Russia. Now passions are running high as South Africa is a member of the International Criminal Court and is obliged to comply with an arrest warrant issued by this court against Putin. In South Africa, they are still looking for options on how to get out of this delicate situation.

Nevertheless, in relation to the new currency of the BRICS countries, even among the members of this union there is no single vision of what kind of currency it could be. Therefore, in this matter, I do not expect any sensations. In any case, it will be another type of fiat and the appearance of the cryptocurrency will not be affected.

South Africa has a funny situation. They are now in a panic looking for a way out, because they want to "eat the fish and ...." without sitting on the twine

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They've already tried to persuade them to send someone from his gang instead of an international criminal. It's a bust. They made up all sorts of stories - it didn't work. Yesterday someone mumbled "we can't arrest him - Russia will attack us"

) Now it sounds ridiculous... But - if we host him and don't arrest him - South Africa will be kicked out of many international institutions, and South Africa is very undesirable now. In short - a perfect example of how not to make friends with international criminals and pariahs....

And about the "New BRICS currency" - I'm betting on the yuan

Tales about some other monetary surrogates do not look serious.

Don't worry so much, there is no panic.

Quote

By mutual agreement, President Vladimir Putin of the Russian Federation will not attend the Summit but the Russian Federation will be represented by Foreign Minister, Mr Sergey Lavrov.