Wednesday, November 2, 2022

Saudi Arabia joins the BRICKS

 Saudi Arabia is considering joining the BRICKS. BRICKS is a group of countries that includes Brazil, Russia, India, China, and South Africa. The BRICS agenda is to basically try to reform global finance to reduce the dominance of the US dollar. This happened a few weeks after President Biden threatened Saudi Arabia after oil output cuts. I think that this is unlikely to happen as it sounds more like a threat or a fireback at the US. There is still a chance so we will find out what happens. 

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