POLITICS● LOWSep 12 · Sep 12, 2026, 1:13 PM
Under Trump’s shadow, Brics takes step towards de-dollarisation
South China Morning Post · global
Brics countries agreed on Saturday to expand trade and payments in local currencies, making another step towards de-dollarisation as the bloc seeks to counter an assertive United States. Facing pressure from Washington, the member nations found enough common ground to overcome some of their biggest diplomatic splits. The pledges were part of the “New Delhi Declaration 2026”, adopted unanimously on the opening day of the 18th Brics summit. After a closed session, Indian Prime Minister Narendra...
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