by Arsenio Toledo, Natural News:

The members of the BRICS bloc of major emerging economies have recently met to decide on adding new members and creating a common currency to challenge the United States dollar.

The five nations that make up BRICS – Brazil, Russia, India, China and South Africa – represent more than 40 percent of the global population, and their share of the world economy – when measured in purchasing power parity – outperforms that of the American-led G7 bloc.