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BRICS Expansion: Threatening Western Sanctions?! Rubio Raises | Blockchain Progress

BRICS Expansion: Threatening Western Sanctions?! Rubio Raises Concerns: American-led financial system at risk!

Sanctions Eroding?: Rubio warns about the ‘attractiveness’ of BRICS as an alternative to the US-EU financial system. The recent inclusion of Saudi Arabia, UAE, Ethiopia, Egypt, and Iran bolsters this concern.

Global Influence Soaring: BRICS, with a GDP surpassing the G7 under purchasing power parity, is growing in economic clout. Rubio underscores the importance of strengthening alliances to counterbalance this rise.

Argentine Power Play: Rubio points to Milei's rejection of BRICS as a sign of US loyalty. Massa's potential BRICS alignment highlights the need for the US to support Argentina in international institutions like the IMF.

Calling for Reciprocity: Rubio emphasizes the significance of allies and urges the Biden administration to reciprocate Argentina's pro-US stance. Strengthening partnerships is paramount in these uncertain times.