Will Trump’s tariff threats protect the dollar’s dominance? - short news
Brics nations’ plan to create rival to greenback is bound to fail even without president-elect’s measures
In 2023, the leaders of Brazil and the other Brics countries at the time – China, India, Russia, and South Africa – discussed collaboration on a new shared currency. The Brazilian president, Luiz Inácio Lula da Silva, has been a vocal proponent of an alternative to the US dollar, the dominant global currency for the past 75 years, and the Russian president, Vladimir..
source: The Guardian - 24.12.2024