Another New Country Expresses Interest To Join BRICS Alliance

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Around 36 countries have formally applied to join BRICS alliance in 2024, including Cameroon. Russian Ambassador Georgy Todua confirmed Cameroon's interest in joining the alliance. BRICS aims to de-dollarize the world and promote local currencies, putting pressure on the US dollar and economy. The expansion could lead to more countries trading in local currencies instead of the US dollar. The move strengthens native economies and adds pressure on the American economy. If the USD returns to the US, hyperinflation remains a possibility. BRICS is becoming a prestigious international organization and is convincing developing countries to join.

#Brics #Cameroon #Dedollarization #LocalCurrencies

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