BRICS Welcomes Six Nations
The BRICS alliance of nations — Brazil, Russia, India, Communist China and South Africa — has threatened the supremacy of the American dollar as a world currency by establishing a new currency backed by gold.
Now, BRICS is looking to grow even more dominant by accepting invitations for six new nations to join their coalition. This includes the oil powerhouses of Saudi Arabia and the United Arab Emirates as well as Iran, Ethiopia, Egypt and Argentina.
How will the global economic axis tilt as a result? Could this spur increased instability and inflation across the United States, Canada, Australia and Europe? Here’s a special report from the Next News Network.
