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The BRICS and De-Dollarisation
Summary by Socialist Project
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1 Articles
The BRICS and De-Dollarisation
Nowhere in the 126-point Rio de Janeiro BRICS leaders’ declaration is there any mention of the term de-dollarisation. It makes no mention of initiatives to lessen the role of the dollar. It states that trade in local currencies must be encouraged, but this remains very vague and limited and has nothing to do with the creation of a common BRICS currency. The BRICS countries do not wish to adopt a common currency, and the final declaration of the …
Coverage Details
Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
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