Russia is engaging in discussions with Islamic countries to move away from the dominance of the US dollar and towards a more independent financial system. This move comes amidst the changing dynamics of global power and emerging trends, including de-dollarization and the formation of an independent financial system. The Deputy Prime Minister of Russia, Alexey Overchuk, also highlighted other important points, such as de-globalization, transfer of industrial production, and challenges related to energy and food security. These discussions could signal a significant realignment in international relations and demonstrate how rapidly geopolitical landscapes can change. Russia's move to partner with the Islamic world could be seen as a strategy to maintain economic stability amidst global upheaval.
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