BRICS is just getting stronger especially with the participation of UAE and Saudi Arabia. This will surely going to give the alarm call to the USA and its alliances.
And do you think that this is the beginning of the formation of a new world order, especially since in the speech of Russian President Vladimir Putin, he had stressed the need to deal with a common currency among the countries of the group in addition to local currencies ?
Yes, it's already the beginning and it's going to set new standard with these economies that's part of it. And as they talk about having a common currency, we have that idea that it's going to be CNY(Chinese Yuan) that will be used on this one.
But I want to see that they're focused in helping each other economies and not just to fall the other one that seems to be their rival.