Russia, facing western sanctions, is expected to convince its allies to adopt an alternative to the US dollar for global payments at an upcoming BRICS summit. The gathering of emerging economies will take place in the Russian city of Kazan from Tuesday (Oct 22) to Thursday.
Russia , facing western sanctions, is expected to convince its allies to adopt an alternative to the US dollar for global payments at an upcoming BRICS summit. The gathering of emerging economies will take place in the Russia n city of Kazan from Tuesday to Thursday. Russia is likely to show that it is immune from Western attempts to isolate it, and persuade other members in the grouping to join its bid to overhaul the global financial system. Dasha Chernyshova reports.
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