As the USA binges on debt the BRICS are slowly getting their act together
BRICS nations asked the bloc’s specially created bank to provide guidance on a how a potential new shared currency might work, including how it could shield other member countries from the impact of sanctions such as those imposed on Russia.
Might not be a currency but a payments system at first. Gold may also play a part.
Interesting tidbit at the end of the article:
“The gathering is a precursor to an Aug. 22-24 summit of BRICS heads of state currently scheduled for Johannesburg. South Africa is considering switching the venue to another nation, according to people familiar with the matter, a move that would resolve its dilemma over whether to execute an International Criminal Court arrest warrant for Putin if he travels to the country.”