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BRICS: Russia cuts ties with the euro and the dollar!

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BRICS : La Russie rejette le dollar et l'euro

What happens when one of the world's leading financial markets suspends transactions in major global currencies? The Moscow Stock Exchange has just done so in direct response to American economic sanctions. Could this Russian initiative redefine the rules of international trade and global financial relations? Initial reactions and analyses suggest significant changes on the horizon, impacting not only this member of the BRICS, but also the global economic balance.

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