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latam-common-currency-to-focus-on-settlements-among-mercosur-and-brics-countries

Latam Common Currency to Focus on Settlements Among Mercosur and BRICS Countries

Leave a Comment / alberto fernandez, Argentina, Bitcoin, Brazil, brics, common currency, Crypto Hacked, Cryptocurrency, dependence, Economics, Ethereum, Fernando Haddad, latam, luis inacio lula da silva, mercosur, Sergio Massa, Settlements, U.S. dollar / / / , , , , , , , , , , , , ,

President of Brazil Luis Inacio Lula Da Silva clarified the scope and reach of the common currency that Brazil and Argentina are studying to issue in Latam. Lula Da Silva clarified that he believed this currency would be used to settle cross-border payments between the two countries and also countries from BRICS and Mercosur. Lula […]

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Elon Musk Praises Reports on Latam Common Digital Currency: ‘Probably a Good Idea’

Leave a Comment / Argentina, Bitcoin, Brazil, brics, common currency, Crypto Hacked, Cryptocurrency, Elon Musk, Ethereum, latam, News, robert kiyosaki, Sergio Massa, Tesla, U.S. dollar / / / , , , , , , , , , ,

Elon Musk, CEO of Twitter, SpaceX, and Tesla, has given his opinion about the latest reports on the creation of a common currency in Latam, to be initially worked on by Argentina and Brazil. Musk stated that this move would be “probably a good idea,” commenting on the topic on social media. Elon Musk Gives

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Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy

Leave a Comment / Bitcoin, brics, CCP, China, China Yellen, Chinese Communist Party, Chinese embassy, communication issues, Criticism, Crypto Hacked, Cryptocurrency, debt, debt restructuring, Default, diplomatic exchange, domestic debt problem, economic diplomacy, economic instability, Economics, Economy, Ethereum, extraordinary measures, Financial Crisis, Foreign Policy, global financial system, Global Times, hypocrisy, international finance, international relations, Janet Yellen, monetary policies, Nancy Pelosi, Politics, Situmbeko Musokotwane, sovereign debt, Taiwan, Treasury Secretary, US, US Dollar, Yellen China, Zambia / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen said on Monday that it was very important that Zambia restructure its debt, but Zambia sees it differently. The embassy castigated Yellen’s comments in

Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy Read More »

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Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

Leave a Comment / Bitcoin, brics, BRICS national currencies, Chinese Yuan, commodity, Crypto Hacked, Cryptocurrency, currency market, de-dollarization, Economics, Elena Fabrichnaya, Energy, Ethereum, Federation Assembly, international financial system, Legislation, national currencies, OIL, parliamentary forum, R5 currency, Rand, real, renminbi, reserve currencies, reserve currency, ruble, rupee, Russia, Russian International Affairs Council, Sberbank, Settlement, summit, US Dollar, Valentina Matvienko, Vladimir Putin, Yaroslav Lissovolik / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar dependence by purchasing the Chinese yuan on foreign exchange markets. Roughly around the same

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization Read More »