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The NEW PAYMENT VS  Form

The NEW PAYMENT VS Form

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in one of our recent videos we covered how the brics nations are pushing to develop a new interbank system to free themselves from Swift a western-based mechanism and enable transactions without relying on the US dollar US policies or sanctions this initiative has attracted significant media attention however a recent report indicates that Western financial institutions like the IMF and the World Bank are implementing policies to hinder this development in this video we delve into the topic in detail We Begin by discussing the principles of the new Financial system its capabilities and advantages and why Western institutions are opposing it let's get started during the recent bricks Summit in Kazan Russian President Vladimir Putin highlighted a push toward a new brick centered financial and economic framework that could lessen dependence on the US dollar and bypass Western Financial systems Putin argued that the current dollar dominated system is increasingly used as a politica

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