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ASEAN nations have long been preparing to abandon the US dollar. The alliance, which encompasses ten nations, has lately stressed intracultural unity to bolster its collective strength. With Trump’s latest announcement concerning laying tariffs on countries moving away from the dollar, perhaps the clue of the move was already in the air for ASEAN nations to sense in the long haul. Here’s how. Also Read: ChatGPT Predicts How Will Shiba Inu (SHIB) Reach $0.01 & $1 ASEAN Possible Counter Plan Source: orfonline.org ASEAN nations have always been called strong, resilient nations, a bloc capable of developing groundbreaking alternatives and solutions. The bloc can successfully be labeled as visionary, as it has always propagated the idea of multipolar currencies or bolstering local currencies on a global scale. Within the multipolar narrative, several ASEAN nations revealed their intentions to deploy trade in local currencies to help their local money gain worldwide momentum. The ...

Another new country has expressed its interest in joining BRICS before the 2024 summit in October. The 16th summit is scheduled to take place in the Kazan region of Russia on October 22 to 24. Developing countries are queuing up to join the alliance in part to advance the de-dollarization agenda. Cutting ties with the US dollar could strengthen their local currencies giving their native economies and businesses a boost. Also Read: BRICS: 3 Countries Receive Invitation To Attend the 2024 Summit Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. The upcoming 2024 summit will see BRICS taking major decisions about de-dollarization and pushing local currencies forward. The main goal of BRICS is to topple the US dollar from the world’s reserve and replace it with regional currencies. Also Read: BRICS: JP Morgan Warns There’s a 35% Chance of a Recession BRICS 2024 Summit: Another New Country Expresses Interest To Join Source: AFP Azerbai...