any attempt to impose tariffs on BRICS countries for trying to create a new currency could cause global semiconductor supply chain disruptions
BRICS
A global shift towards digital currencies with 134 nations exploring or implementing digital versions of their national currencies.
BRICS grouping is developing a cryptocurrency payment system based on blockchain technology to challenge the dominance of the US dollar.
This first week of January was, amongst other things, notable for the official inclusion of Saudi Arabia, UAE, Egypt, Ethiopia and Iran into the Brazil, Russia, India, China and South Africa consortium known as BRICS. This puts the ink into the agreement pencilled in Johannesburg last year. Not to put a damper on things, but […]