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In the fields of cybersecurity and quantum computing, BRICS has become a powerful influence. These countries are upending the Western powers' long-standing technical domination by utilizing their combined strengths and encouraging cooperation, opening the door to a more safe and multipolar digital future.
The petrodollar system, which mandates that most oil transactions be made in U. S. dollars, has controlled the world oil market for decades. The dollar's standing as the world's reserve currency has been strengthened by this system, which has given the US a distinct kind of economic hegemony and enabled Washington to exercise considerable financial influence through tools like sanctions. But by lessening their reliance on the dollar, the BRICS countries are actively changing the global energy market.
The United Arab Emirates was among the first countries in the world to respond to the ongoing humanitarian crisis in the Gaza Strip.