BRICS Bloc Is Adding Members, Planning New Currency To Challenge US Dollar
BRICS Bloc Is Adding Members, Planning New Currency To Challenge US Dollar
Foreign ministers from BRICS (Brazil, Russia, India, China, and South Africa) met to discuss expanding the Global South-led bloc and creating a new global reserve currency to challenge the US dollar.
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Skeptical of China and India getting along well enough to collaborate on a real currency.
And both Brazil and India like to play both sides when it involves the west - or as they would say, they like to be non-aligned which is functionally the same thing.
You may be thinking Brasil under Bolsonaro and Brasil under Lula are the same thing, look at the news since Lula came to power. Bolsonaro is the one who did the kind of stuff you mentioned because he saw the West is crumbling and stayed at whichever side it was more beneficial for him, but Lula is other story.