Dhaka, Oct. 24 -- The Ground Shifts Beneath Our Feet

The old global monetary order is crumbling. For eight decades, the international monetary structure has supported international trade, but now it is undergoing a significant transformation. At the core of this shift stands an implausible coalition: the BRICS nations, which are now expanded and exercising their combined economic might akin to a pack of wolves encircling a helpless elk.

Currently, BRICS comprises ten full members, including the recent additions of Indonesia and Ethiopia. Representing roughly 45.8% of the global population, this expanded group commands approximately 35.6% of the world's GDP based on purchasing power parity, as reported by the IMF's 2024 Global Economic O...