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Articles by The BRICS Chairmanship

We found 1 results.

New BRICS Banking System Would Render Sanctions Useless, ex-Chancellor Warns
The BRICS Chairmanship - TRANSCEND Media Service, 3 Feb 2025

29 Jan 2025 – Lord Lamont of Lerwick, a former chancellor of the Exchequer, has warned that a plan by BRICS countries to create a rival banking payments system would be a ‘major threat to the Western-led financial system’ and render international sanctions useless.