Euro Watch: Putin tells BRICS summit Dollar’s domination of world trade will end

The 15th Brazil, Russia, India, China and South Africa (BRICS) summit kicked off in South Africa on Tuesday.  Russian President Vladimir Putin said on Tuesday in a virtual address to the BRICS summit that the process of de-dollarization is 'irreversible' and 'gaining pace'.  Can BRICS dethrone the US dollar? We pose this question to Antonio Fatás, Professor of Economics, INSEAD.See omnystudio.com/listener for privacy information.