Amidst the geopolitical shifts, the rising influence of BRICS often goes under appreciated.As BRICS now represents 25% of global GDP it presents a challenge to G7 and even U.S. dominance. Discover the significant impacts of BRICS potentially moving away from the U.S. dollar, rivaling the IMF and World Bank on the global finance and geopolitics. Moreover, dive deep into BRICS initiatives like the Contingent Reserve Arrangement which aim to bolster the financial independence of developing countries, promising a more balanced global economic order and that push for greater international representation and economic democratization marks a crucial evolution in the global order.
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