Geopolitical Economy Report | BRICS Bank is de-dollarizing, promises loans in local currencies to help Global South develop @GeopoliticalEconomyReport | Uploaded April 2023 | Updated October 2024, 4 hours ago.
The new chief of the BRICS bloc’s New Development Bank, Brazil’s leftist ex-President Dilma Rousseff, revealed they are gradually moving away from the US dollar, promising at least 30% of loans in local currencies of members, to help countries in the Global South build infrastructure and fight poverty.
Sources and more information here: geopoliticaleconomy.com/2023/04/15/brics-bank-dollar-local-currencies-dilma
BRICS challenges US ‘dollar dominance’, Saudi considers selling oil in other currencies: New multipolar economic order: geopoliticaleconomy.com/2023/01/21/brics-us-dollar-saudi-oil-currency-multipolar
Brazil’s Lula travels to China and calls to end US dollar dominance: geopoliticaleconomy.com/2023/04/15/brazil-lula-china-us-dollar-dominance
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The new chief of the BRICS bloc’s New Development Bank, Brazil’s leftist ex-President Dilma Rousseff, revealed they are gradually moving away from the US dollar, promising at least 30% of loans in local currencies of members, to help countries in the Global South build infrastructure and fight poverty.
Sources and more information here: geopoliticaleconomy.com/2023/04/15/brics-bank-dollar-local-currencies-dilma
BRICS challenges US ‘dollar dominance’, Saudi considers selling oil in other currencies: New multipolar economic order: geopoliticaleconomy.com/2023/01/21/brics-us-dollar-saudi-oil-currency-multipolar
Brazil’s Lula travels to China and calls to end US dollar dominance: geopoliticaleconomy.com/2023/04/15/brazil-lula-china-us-dollar-dominance
|| Geopolitical Economy Report ||
Please consider supporting us at GeopoliticalEconomy.com/Support
Patreon: Patreon.com/GeopoliticalEconomy
Podcast: Soundcloud.com/GeopoliticalEconomy
Newsletter: GeopoliticalEconomy.Substack.com