New Global Currency Designed to Ditch US Dollar Coming From BRICS Nations: Report
A group of economically-aligned nations plan to create a new currency that could reduce the world’s dependence on the US dollar and the euro, according to a new report.The group of emerging economies, known collectively as BRICS, are exploring how such a currency would be structured, reports the Russian state-owned news agency Sputnik.
The news comes days after China executed its first liquefied natural gas (LNG) trade using the yuan instead of the dollar, as reported by Reuters.
The acronym BRICS stands for the countries of Brazil, Russia, India, China and South Africa. A number of additional nations, including Saudi Arabia, Argentina, Iran, Indonesia, Turkey and Egypt, have reportedly expressed interest in joining the alliance.
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5 comments:
Sputnik?
lol. OK.
You think it's funny, anonymous?
digital currency sort of like that Bankman-Fried crook?
I think any person who calls themselves an American and believes anything Sputnik has to say is funny. But then, I don't put my politics before my country.
@9:36...that's a joke. You ALWAYS PUT POLITICS BEFORE YOUR COUNTRY.
Sputnik is their news agency. Do you believe all of our fake news that has no idea of what Russia is doing or how Putin thinks about anything.
WHAT ABOUT ANOTHER NEWS SOURCE--MSN?
https://www.msn.com/en-us/news/world/brics-who-are-they-and-why-are-they-a-threat-to-the-us/ar-AA115bZ5
If you don't like that one, there are others.
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