"BRICS Alliance: Impact of Western Sanctions, Single Currency, Expansion, De-Dollarization, and AU's Involvement"

Western sanctions on Russia, particularly in the oil sector, are pushing the BRICS nations closer together. The sanctions have resulted in lower revenues and invoice prices for Russian goods, creating stronger bonds between the BRICS countries. This unintended consequence is seen as a counterforce to Western politics. The BRICS alliance, which includes Russia, Brazil, India, China, and South Africa, is considering the possibility of a common currency and reducing reliance on the U.S. dollar for global trade. However, de-dollarization is still a long way off as the U.S. dollar remains a powerful currency.