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Crown

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 <p>There’s a saying that goes, ‘See the good in everything’ and the view will turn from bitter to sweet. Europe is now in a similar situation as <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> expanded last month, becoming an 11-nation alliance. While <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> expansion is bad news for the U.S., Europe could benefit from the new alliance and forge better trade deals.</p> 
 <p><strong>Also Read: Not <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a>: Uncontrolled Debt Could Bring the US Dollar Down</strong></p> 
 <h2 class="wp-block-heading" id="h-brics-a-new-worldview-for-europe-nightmare-for-u-s">BRICS: A New Worldview For Europe, Nightmare For U.S.</h2> 
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  <img decoding="async" width="1024" height="622" src="https://cdn.thebittimes.com/images/2023/09/12/d7817ecfbd9a4b7747f5f5d5b3aba0ec.webp" alt class="wp-image-111511" srcset="https://cdn.thebittimes.com/images/2023/09/12/d7817ecfbd9a4b7747f5f5d5b3aba0ec.webp 1024w, https://cdn.thebittimes.com/images/2023/09/12/d7817ecfbd9a4b7747f5f5d5b3aba0ec.webp 300w, https://cdn.thebittimes.com/images/2023/09/12/d7817ecfbd9a4b7747f5f5d5b3aba0ec.webp 768w, https://cdn.thebittimes.com/images/2023/09/12/d7817ecfbd9a4b7747f5f5d5b3aba0ec.webp 1536w, https://cdn.thebittimes.com/images/2023/09/12/d7817ecfbd9a4b7747f5f5d5b3aba0ec.webp 380w, https://cdn.thebittimes.com/images/2023/09/12/d7817ecfbd9a4b7747f5f5d5b3aba0ec.webp 550w, https://cdn.thebittimes.com/images/2023/09/12/d7817ecfbd9a4b7747f5f5d5b3aba0ec.webp 800w, https://cdn.thebittimes.com/images/2023/09/12/d7817ecfbd9a4b7747f5f5d5b3aba0ec.webp 1160w, https://cdn.thebittimes.com/images/2023/09/12/d7817ecfbd9a4b7747f5f5d5b3aba0ec.webp 1920w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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    Source: consilium.europa.au 
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 <p>The new BRICS brought a mixed worldview after Iran was inducted into the bloc. Europe has mostly cut ties with Iran due to U.S. sanctions but might soon begin initiating trade deals through the BRICS. The diversification of nations brings the value of ‘seeing the good in everything’ making Iran mingle with Europe through the alliance.</p> 
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 <p><strong>Also Read: BRICS: India Aggressively Dumping the U.S. Dollar, Insiders Say</strong></p> 
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 <p><strong>“Their addition diversifies BRICS, promoting a more balanced world order and diluting what some might perceive as the anti-Western sentiment of BRICS, which is driven largely by Putin’s Russia and Xi’s China,”</strong> said Oliver Rolofs, the Strategic Security and Communication Expert at the AISSIC, to Euro News.</p> 
 <p>Europe could improve its trade deals and transform the multilateral import and export sectors by recognizing the potential of recent developments. Therefore, Europe can take advantage of the extended BRICS and gain more than previously recognized.</p> 
 <p><strong>Also Read: US to Launch CBDC Currency To Confront <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> De-Dollarization?</strong></p> 
 <p>However, that’s not the case for the U.S., as <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> is directly challenging the status of the dollar. It pits the alliance against the rising U.S. dollar to put their local currencies first. So the dynamics in play between the <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> and the U.S. are different, while Europe has it easier.</p> 
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    <p lang="en" dir="ltr">🇸🇦 Saudi Crown Prince Mohammed Bin Salman: "I believe the Middle East will be the new Europe. In 5 years, Saudi Arabia will be a completely different country."<br><br>"This is the Saudi war. This is my war. I want to see the Middle East on top of the world before I die." pic.twitter.com/CbYGbJUxUr</p> 
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    </div> — BRICS (@BRICSinfo) September 10, 2023 
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 <p>Saudi Arabia’s Crown Prince Mohammed bin Salman recently said that the Kingdom aims to become the next Europe. He did not say that Saudi Arabia wants to beat Europe in terms of GDP, job creation, or finances. In conclusion, Europe has more to gain from the <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> bloc than to lose in the coming decades.</p> 
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<div class="cs-entry__tags"> 
 <ul> 
  <li>BRICS</li> 
  <li>europe</li> 
  <li>US DOLLAR</li> 
 </ul> 
</div> 
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/europe-could-benefit-from-brics-expansion-not-the-u-s-tbt62436.html">https://thebittimes.com/europe-could-benefit-from-brics-expansion-not-the-u-s-tbt62436.html</a></p>

Europe Could Benefit From BRICS Expansion, Not the U.S.

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