We discussed in one of our most recent videos how the BRICS countries are working to create a new interbank system in order to break free from SWIFT, a Western-based system, and facilitate transactions without depending on the US dollar, US regulations, or US sanctions. The media has taken a keen interest in this project. But according to a recent research, Western financial organizations like the World Bank and the IMF are putting rules in place to impede this progress. We go into great length on the subject in this video. We start by going over the new financial system's tenets, benefits, and capabilities, as well as the reasons why Western institutions are against it.
Watch video;
https://youtu.be/mrNp3hCVT0w?si=nCtQw5MKhlc6O-EqScreenshot_20241030-120001.pngScreenshot_20241030-120024.png
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