Photo: economictimes.indiatimes.com
Kremlin Denies Trump's Claim: BRICS Not Aimed at Undermining Dollar
The Kremlin refuted Donald Trumps claims that BRICS aims to undermine the dollar, asserting its focus on cooperation, as concerns over the Economy of Russia persist amidst geopolitical tensions.
- Kremlin spokesman Dmitry Peskov stated that BRICS has never aimed to undermine currencies of third countries, responding directly to Donald Trumps comments.
- On the same day, Alexander Novak, a top economic official for Vladimir Putin, countered Trumps warnings regarding potential threats to the Economy of Russia due to sanctions.
- The Moscow Kremlin emphasized that BRICS is a coalition promoting mutual prosperity, distancing itself from accusations of targeting the dollar amid ongoing tensions related to Ukraine.
Why It Matters
This exchange highlights the ongoing geopolitical struggle between the United States and Russia, particularly in the context of economic sanctions and the role of alternative economic alliances like BRICS in a multipolar world.