I have written about BRICS in the past, but their latest activity requires a closer look. BRICS is an alliance formed by Brazil, Russia, India, China, and South Africa to create an international monetary system and currency based on the gold standard.
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More BRICS in the Wall
The leaders of China, Russia, India and Brazil met to discuss common interests with dozens of dignitaries in South Africa. The meeting was a three-day summit seeking to cobble together currently unaligned powers who would counter Western influence worldwide.