Putin Unveils BRICS ‘Dollar Bypass’ Plan? New Payment System To BREAK U.S. Economic Hegemony

Russian President Vladimir Putin has pushed a major BRICS financial initiative, calling for the development of a new payment, settlement and depository infrastructure within the bloc. The proposal could strengthen trade between BRICS members and reduce their exposure to external financial pressure. Putin also backed greater use of independent trade and banking channels, as BRICS expands its economic influence. Could the bloc’s financial push challenge the dominance of the U.S. dollar and reshape global trade? Here’s what Putin said at the BRICS Summit in New Delhi.

#Putin #BRICS #BRICSSummit #Dollar #USDollar #Russia #China #India #Modi #XiJinping #GlobalSouth #DeDollarization #Geopolitics #WorldPolitics #GlobalEconomy

Times Of India (TOI) Is The Largest Selling English Daily In The World.

Times Of India Videos Bring You Global News, Views And Sharp Analysis. We Track India's Global Rise, Her Increasing Engagement With The World, The Changing Geopolitical Landscape Amid Conflicts And Wars And The Emerging World Order.

INTERNATIONAL NEWS | GLOBAL CONFLICTS | MIDDLE EAST WAR | CHANGING WORLD ORDER #TOILive | #TOIVideos

Subscribe to the Times Of India YT channel and press the bell icon to get notified when we go live.

Join Millions Reading TOI; Download Our App At http://toi.in/app-yt

Visit our website https://www.timesofindia.com/
Follow us on X/ @timesofindia
Facebook: https://www.facebook.com/TimesofIndia
Instagram: https://www.instagram.com/timesofindia/
Follow the TOI WhatsApp channel: https://bit.ly/3RYl0J9
For daily news & updates and exclusive stories, follow the Times of India