EUR is "competition" in name only to USD, they are ultimately controlled by the same parties.
I think most people are interested in BRICS not necessarily because of some currency they may or may not create, but because of the shift towards a more multi-polar world in terms of global power/influence, compared to the one we live in now.
they fail to see that world dominated by countries that constitute BRICS will be much, much worse than US dominated
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