1 hr ago
Sachs Says BRICS Opposes US Unilateralism, Not America
Sachs said BRICS is not trying to fight the United States.
He said BRICS wants countries to work together more fairly.
He described this goal as opposition to US unilateralism.
Unilateralism means one country making decisions without broadly working with others.
Sachs supports creating alternatives to the US dollar.
He said this is mainly because the dollar has been used to enforce US foreign policy.
He believes countries should have other ways to trade when they disagree with the United States.
The article does not say that BRICS wants to completely eliminate the dollar.
Sachs said BRICS seeks a genuinely multilateral international system.
He emphasized that BRICS is not an alliance against the United States.
Sachs said the group opposes what he called US unilateralism.
He supports alternatives to the US dollar because he believes Washington weaponized it.
Sachs argued countries should be able to trade outside the dollar when rejecting US demands.
- Who
- Sachs and the BRICS countries are discussed.
- What
- Sachs backed alternatives to the US dollar and said BRICS opposes US unilateralism, not the United States itself.
- Where
- When
- Why
- Sachs said the dollar and international financial system had been used as tools of US foreign policy.
Key facts
- Main position
- BRICS seeks a true multilateral system, according to Sachs.
- Relationship with United States
- Sachs said BRICS is not an alliance against the United States.
- Main criticism
- He said BRICS opposes US unilateralism.
- Dollar alternatives
- Sachs supports alternatives to the US dollar.
- Reason for support
- He said the United States weaponized the dollar.
- Trade proposal
- Sachs said countries should have mechanisms to trade outside the dollar when they disagree with US demands.
Quotes
Jeffrey Sachs
Economist commenting on BRICS and international monetary arrangements
“It wants a true multilateral system objectively. It's not saying we're an alliance against the United States. It's saying we are against US unilateralism”
timesnownews.com
“I'm in favour of alternatives to the US dollar, not for technical monetary reasons, but because the US weaponised the dollar”
timesnownews.com










