Crocodiletooth
JF-Expert Member
- Oct 28, 2012
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Ongea kiswahiliView attachment 3436113
They will officially introducing it to members by 2027
BRICS is an alliance of developing nations
Their Goal?
To allow its member countries to trade among themselves using one shared currency BRICS without converting to the US Dollar.
Before now, international trade has been heavily dominated by the US Dollar. Almost every country, whether in Africa, Asia, or Latin America, has to convert its local currency into dollars before engaging in global transactions.
Even if the trade is between two non-US countries.
This dollar dominance has serious implications:
💵 The U.S. has the power to print dollars at will, which can devalue other currencies globally while boosting its own economy.
It gives America the ability to impose sanctions, freeze reserves, and cut countries off from the global banking system - a serious financial weapon.
The system has created a kind of economic monopoly, where global trade flows through one nation’s currency.
BRICS is pushing back against this system.
By creating a shared c local-currency trade system, BRICS seeks to:
- Remove the unfair advantage the U.S. holds
-Return economic sovereignty to developing nations
- Build a more balanced and multipolar financial world
The BRICS alliance now consists of 10 full
member nations, united by the vision of building an alternative financial and trade system:
These includes
1. 🇧🇷 Brazil
2. 🇷🇺 Russia
3. 🇮🇳 India (recently pulled out)
4. 🇨🇳 China
5. 🇿🇦 South Africa
6. 🇪🇬 Egypt
7. 🇪🇹 Ethiopia
8. 🇮🇷 Iran
9. 🇦🇪 United Arab Emirates
10. 🇮🇩 Indonesia
These countries together represent:
Over 40% of the world’s population
A massive portion of global natural resources and production
And a growing economic influence challenging Western dominance
In addition to full members, BRICS also has welcomed 9 partner states who align with its mission and are gradually integrating into its structure:
They includes
• 🇳🇬 Nigeria
• 🇲🇾 Malaysia
• 🇺🇬 Uganda
• 🇧🇾 Belarus
• 🇧🇴 Bolivia
• 🇨🇺 Cuba
• 🇹🇭 Thailand
• 🇰🇿 Kazakhstan
• 🇺🇿 Uzbekistan
These partner countries participate in summits, negotiations, and are likely candidates for full membership in the future.
So, What Does This Mean for the Rest of the World - Especially Africa?
BRICS is no longer just a coalition of rising nations. It has become a serious contender in the global economic arena, with the power to redraw financial alliances and reshape trade systems.
For Africa, this could be a turning point:
- Greater inclusion in global decisions beyond Western influence
- Fairer trade terms with stronger allies like China, India, and Russia
- New opportunities for investment, infrastructure, and growth
- A more stable alternative to dollar-dependence in international trade
But it also comes with serious questions:
Will this new currency truly succeed?
Can BRICS remain united despite its diversity?
And will countries like Nigeria take full advantage of this shift , or sit on the sidelines?
Time will tell.
But one thing is clear:
The global balance of power is shifting, and BRICS is leading the next chapter of that transformation.
If it will bring positive outcomes I don’t mind we follow it …
================
================
#Crocodiletooth news agency still followings closely!
Ongea kiswahili
Mkuu mbona nimeandika kiingereza ya nasary school mkuu.Ongea kiswahili
Wewe ulitegemea changes zianze kuonekana ndani ya time frame hipi, labda tuanzie hapo??Kila siku mnaimba hizi ngonjera bila changes zozote.
Well said, BRAVO.View attachment 3436113
They will officially introducing it to members by 2027
BRICS is an alliance of developing nations
Their Goal?
To allow its member countries to trade among themselves using one shared currency BRICS without converting to the US Dollar.
Before now, international trade has been heavily dominated by the US Dollar. Almost every country, whether in Africa, Asia, or Latin America, has to convert its local currency into dollars before engaging in global transactions.
Even if the trade is between two non-US countries.
This dollar dominance has serious implications:
💵 The U.S. has the power to print dollars at will, which can devalue other currencies globally while boosting its own economy.
It gives America the ability to impose sanctions, freeze reserves, and cut countries off from the global banking system - a serious financial weapon.
The system has created a kind of economic monopoly, where global trade flows through one nation’s currency.
BRICS is pushing back against this system.
By creating a shared c local-currency trade system, BRICS seeks to:
- Remove the unfair advantage the U.S. holds
-Return economic sovereignty to developing nations
- Build a more balanced and multipolar financial world
The BRICS alliance now consists of 10 full
member nations, united by the vision of building an alternative financial and trade system:
These includes
1. 🇧🇷 Brazil
2. 🇷🇺 Russia
3. 🇮🇳 India (recently pulled out)
4. 🇨🇳 China
5. 🇿🇦 South Africa
6. 🇪🇬 Egypt
7. 🇪🇹 Ethiopia
8. 🇮🇷 Iran
9. 🇦🇪 United Arab Emirates
10. 🇮🇩 Indonesia
These countries together represent:
Over 40% of the world’s population
A massive portion of global natural resources and production
And a growing economic influence challenging Western dominance
In addition to full members, BRICS also has welcomed 9 partner states who align with its mission and are gradually integrating into its structure:
They includes
• 🇳🇬 Nigeria
• 🇲🇾 Malaysia
• 🇺🇬 Uganda
• 🇧🇾 Belarus
• 🇧🇴 Bolivia
• 🇨🇺 Cuba
• 🇹🇭 Thailand
• 🇰🇿 Kazakhstan
• 🇺🇿 Uzbekistan
These partner countries participate in summits, negotiations, and are likely candidates for full membership in the future.
So, What Does This Mean for the Rest of the World - Especially Africa?
BRICS is no longer just a coalition of rising nations. It has become a serious contender in the global economic arena, with the power to redraw financial alliances and reshape trade systems.
For Africa, this could be a turning point:
- Greater inclusion in global decisions beyond Western influence
- Fairer trade terms with stronger allies like China, India, and Russia
- New opportunities for investment, infrastructure, and growth
- A more stable alternative to dollar-dependence in international trade
But it also comes with serious questions:
Will this new currency truly succeed?
Can BRICS remain united despite its diversity?
And will countries like Nigeria take full advantage of this shift , or sit on the sidelines?
Time will tell.
But one thing is clear:
The global balance of power is shifting, and BRICS is leading the next chapter of that transformation.
If it will bring positive outcomes I don’t mind we follow it …
================
================
#Crocodiletooth news agency still followings closely!
Hilo suala ni zito,halitokei kama uharoKila siku mnaimba hizi ngonjera bila changes zozote.
Well said, lakini tukumbuke kwamba muungano huu unachukuliwa kama ni tishio kubwa kwa kifedha na kibiashara kwa Mataifa ya magharibi hasa hasa USA, juzi juzi hapa nilimsikia Rais Trump akiuzodoa umoja huo na kutoa vitisho kwa mataifa husika akidai kwamba lengo hasa la umoja wa BRICS ni kuipiga vita Dollar kuhusika sana kwenye masuala ya biashara ya Kimataifa.Kwa ufupi, hoja kuu ni kwamba BRICS (muungano wa mataifa yanayoendelea) unataka kuzindua sarafu ya pamoja ifikapo 2027 ili kuondoa utegemezi wa Dola ya Marekani katika biashara ya kimataifa.
Mambo ya msingi yaliyojadiliwa:
Lengo la BRICS: kuruhusu biashara kati ya nchi wanachama bila kubadilisha fedha kwenda USD.
Sababu: USD imetawala biashara ya dunia kwa muda mrefu, jambo linalowapa Marekani nguvu kubwa ya kifedha na kisiasa (kama kuweka vikwazo au kudhibiti mfumo wa benki).
Faida zinazotarajiwa kwa nchi zinazoendelea, hasa Afrika:
Uhuru zaidi wa kiuchumi.
Masharti ya haki ya biashara.
Kupata uwekezaji na miundombinu bila masharti magumu ya Magharibi.
Kupunguza utegemezi wa dola.
Changamoto:
Kudumisha mshikamano wa wanachama tofauti kijiografia, kisiasa na kiuchumi.
Uwezekano wa sarafu hiyo kufanikiwa kimataifa.
Hali ya sasa: Kuna wanachama 10 kamili na washirika 9, na baadhi ya nchi kama India tayari zimejitoa au zina mashaka.
Kimsingi, hii ni vita ya kiuchumi kati ya mfumo unaotawaliwa na Marekani na mfumo mbadala unaojaribiwa na BRICS.
Kama ikifanikiwa, inaweza kubadilisha kabisa uso wa biashara ya dunia na ushawishi wa kisiasa.
Ukipenda vitu vya harakaharaka hata kwenye maisha yako lazima ufeli....Kila siku mnaimba hizi ngonjera bila changes zozote.
Mwakani Mrusi atatandikwa maana ndiye kiongozi wa huu ujingaWell said, lakini tukumbuke kwamba muungano huu unachukuliwa kama ni tishio kubwa kwa kifedha na kibiashara kwa Mataifa ya magharibi hasa hasa USA, juzi juzi hapa nilimsikia Rais Trump akiuzodoa umoja huo na kutoa vitisho kwa mataifa husika akidai kwamba lengo hasa la umoja wa BRICS ni kuipiga vita Dollar kuhusika sana kwenye masuala ya biashara ya Kimataifa.
Trump na wenzake hawataki fedha mbadala wa Dollar zitumike, wako radhi kufanya hujuma zozote kuudhofisha muungano huu hata vitisho na hujuma nyingine watazijaribu tu, cha muhimu hapa ni kuhakikisha founder members na new members wanashikamana na kuwa kitu kimoja, wasikubali kurubuniwa - huo ni ushauri wangu.
Mvuto 😁😁😁😁 ina thamani gn mbele ya dollar 💵Safi sana Hela Yao Ina vutia
Unajiona umeongeeeeeeea bonge la point mwenyewe,Vikao Vya Panya!
Nani Atamvisha Paka Kengele ?
Waachane Na Hiyo Mipango.
Maana USA Ana Mikono Mingi Na Mirefu Ni Ngumu Kumletea Hujuma
Akiamua Kudeal Na Mmojammoja,
Watapoteana Hao BRICS.
USA Anawashirika Wengi Duniani,
Ambao Lazima Watahujumu Hizo Plans,na Anadhibiti Njia Nyingi.
USA Wana Mashirika Mengi Ya Kimkakati Kama CIA,SWIFT,NSA Nk
Ambayo Yakiamua Kukukalia Kooni
Hauchomoki.
India Kiburi Kimeanza Mapema Sana,Baada Ya USA Kuanza Kushift Manufacturing And Supply Chain,Kutoka China Kwenda India Na Singapore,hii Ilitokana Na Kiburi Cha China Kabla Ya Covid-19 Na Wakati Wa Covid-19. Na Suala La USA Kuona China Anamkaribia Sana Kiuchumi.
sasa India Ameanza Kuvimba Kwa Ukuaji Wa Uchumi Wake,ila USA Akiamua Kumbana Lazima Aombe Poo,ijifunze Kwa China Asitafute Kuwa Upande Mbaya Wa USA.
Kwa Russia,CIA Watakuwa Bize Kuwafanya Wawe Bize Na Migogoro.
China Yenyewe Bado Spana Zinaendelea,saizi Ameshadorora Na Bado Anaundiwa Zengwe Kila Siku
Nchi Zingine Zilizobaki Hazina Nguvu
Ya Kuropoka Kwa USA.
Gold backed curreancy ni tofauti na fiat carramcyMvuto 😁😁😁😁 ina thamani gn mbele ya dollar 💵