BRICS Currency Gains Support as Alternative to US Dollar in Global Trade
TL;DR Summary
Former Brazilian President Lula da Silva has called on BRICS nations to find an alternative to replace the dollar in foreign trade, supporting China's campaign against US global dominance. Lula made the remarks during a visit to the New Development Bank, an institution created by BRICS countries, ahead of his meeting with President Xi Jinping in Beijing.
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- Could this Bank in China Bring an End to the U.S. Dollar's World Dominance? Newsweek
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