Six new members are set to join the BRICS alliance next year, increasing the group's economic reach over almost half of the world's population and oil production. Will the US dollar's global influence be challenged?
With the impending possibility of the United States breaching its debt ceiling, the “indisputable” stability of its financial and fiscal institutions is once again questioned.
Based on these bank collapses, coupled with all other major economic events, it is easy to say that the financial world is currently staring at an unstable future.