Dethroning the U.S. dollar of paramount concern as Russia kicks off BRICS Summit * WorldNetDaily * by Andrew Powell [Video]

While global tensions continue to escalate, Russia is hosting the BRICS Summit in Kazan Tuesday, where some of the world’s largest economies will be meeting to entrench a new global order, namely undoing the U.S. dollar.

BRICS is made up of several different nations, including Brazil, Russia, India, China, South Africa, Saudi Arabia, Iran, Ethiopia, United Arab Emirates and Egypt. According to Statista, combined BRICS nations make up over 45% of the world’s population and 35% of the global GDP.

Undoubtedly, one of the most powerful of the alliance is China, which accounts for almost two-thirds of the bloc’s exports and over half of the bloc’s 35% GDP. With the joining of oil-rich nations such as the United Arab Emirates and Iran, the bloc controls almost 30% of all global oil output.

The alliance between these nations has sent alarm bells off, as the U.S. dollar is threatened with losing its …