
This market is part of the Humans v Bots Battle 2024, where AI forecasters will duke it out on the most important world questions of 2024. Can you beat the bots and snag part of the 250,000 Mana (~$2.5k) prize?
BRICS countries (Brazil, Russia, India, China, South Africa) are expanding their members, and trying to build an anti-western coalition.
This question is specific to the BRICS group's initiative under Russian chairmanship to develop an alternative payment system, which has been a point of discussion in light of the increasing use of the dollar and SWIFT system in geopolitical contexts. BRICS has long expressed interest in reducing its reliance on the US-dominated SWIFT system, especially after the West's sanctions on Russia highlighted its vulnerability. The August 2023 BRICS summit in Johannesburg saw the bloc commission its finance ministers to explore a BRICS payment system.
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