China, Russia-led bloc wants to dethrone US dollar, upend world order
Fox News
The China, Russia-led BRICS bloc aims to challenge the U.S. by creating an alternative currency to the dollar. The group, including Brazil, India, South Africa, to meet this week.
Rebekah Koffler is a strategic military intelligence analyst and the author of Putin’s Playbook. She is Managing Editor of an e-mail newsletter for independent thinkers, CutToTheNews.com. Follow her on Twitter @Rebekah0132
Formed in June 2009 at their its summit held in Yekaterinburg, Russia, the group accepted South Africa as a full member in September 2010. Its officially stated mandate is "restructuring the global, political, economic and financial architecture to be more equitable, balanced and representative."
The leaders of the five nations seeking to upend the West’s dominance in global affairs will gather on Aug. 22-24 for their 15th summit, minus Russian President Vladimir Putin, who will be represented by Foreign Minister Sergei Lavrov due to Putin facing an arrest warrant from the International Criminal Court for war crimes in Ukraine.