Feeble and ineffective US President Joe Biden’s administration from hell is rapidly squandering away America’s soft and hard power – to the point where multipolarity is starting to take a life of its own.
The BRICS countries, who represent 29% (and rising) of the world’s GDP, has vowed to undertake a process of dedollarization of their trade settlements.The group foremost countries, China and Russia, are on the forefront of this process, so much so that we learn from a WION report that “Russia and China have completely abandoned the use of Western currencies, including US Dollar, in their bilateral trade, said Russian Prime Minister Mikhail Mishustin on Tuesday (Dec 19).” PM Mishustin spoke in Beijing, while in a meeting with his Chinese counterpart Li Qiang, during the Russia-China Financial Dialogue forum. […]
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