US EditionDecade-Old Local Currency Push by BRICS Is Still A Pipe Dream
8 Articles
8 Articles
FLOP: Without Russia’s Putin and China’s XI, the BRICS Summit in Rio de Janeiro Is Emptied, Reflecting Brazil’s Lula da Silva Disastrous Foreign Policy
A few days ago, British magazine The Economist ran a piece called: ‘Brazil’s president is losing clout abroad and unpopular at home’, highlighting how Lula da Silva’s foreign policy is all wrong, and how he has become a very unpopular figurehead inside Brazil.
Brazil's president, Lula Da Silva, proposed creating an alternative commercial currency to the dollar.
At its first expanded summit, the BRICS meet in Rio de Janeiro with the focus on a new global financial architecture. Key absences, geopolitical tensions and proposals to reduce dependence on the dollar mark an agenda traversed by the US trade war and conflicts in Ukraine and the Middle East.
Brazilian President Lula Proposes BRICS Develop New Trade Currency
Sergio Goschenko 2025-07-06 05:30:00 news.bitcoin.com Lula proposed this new BRICS currency in the context of a world that must embrace free trade and multilateralism. The Brazilian leader acknowledged that the proposal presents several challenges but emphasized that it is necessary for the benefit of humanity. Lula: Development of New BRICS Trade Currency Is Extremely Important The emergence… Source
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