This week, Russian President Vladimir Putin convened more than two dozen countries to discuss a 'new world order' free from Western hegemony and the global dominance of the U.S. dollar. The summit, held in Kazan, Russia, brought together members of the BRICS alliance, which includes Brazil, Russia, India, China, and South Africa.
One of the key objectives of the summit was to reduce reliance on the U.S. dollar in order to evade sanctions imposed by the U.S. and the West. Putin emphasized that the use of the dollar as a weapon was a mistake by those who employ such tactics.
