Boitoni liO il no axlosti sodoaund fogal Following recent events (Russia-Ukraine war; Gaza; US-China tensions) and amidst growing apprehension regarding the power of U.S.-led economic sanctions, BRIC nations (Brazil, Russia, India, and China), plus Iran (BRIC+I) have congregated to formulate an unprecedented economic and political alliance. This coalition aims to establish a new economic bloc that endeavors to curtail their dependence on the U.S. dollar and formulates a new global financial system - initiating their version of the World Bank (expanding on China's Belt & Road Initiative), while introducing a new digital international currency called the bric, (backed by gold and foreign reserves of the country central banks). In short, the aim is to de-dollarize the world economy