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Davos 2026: Carney Warns of Dollar Decline and BRICS Ascendancy

Davos 2026: Carney Warns of Dollar Decline and BRICS Ascendancy

Author:

Global Cryptocurrency

Published:

2026-01-24 10:11:01

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BTCCSquare news:

Mark Carney's address at the World Economic Forum sent tremors through global markets, with the Canadian Prime Minister delivering a stark warning about the accelerating erosion of dollar dominance. The speech highlighted BRICS nations' strategic pivot toward alternative financial systems—a shift already reshaping the geopolitical landscape.

Economic integration has become a weaponized tool among great powers, Carney asserted, with tariffs and financial infrastructure now deployed as instruments of coercion. The rules-based order faces unprecedented strain as de-dollarization gains momentum.

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