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BRICS Bank President Dilma Rousseff Calls for the Creation of a Global South Focused Financial System

Author: btcethereumadmin

United States

Source: BTC Ethereum Crypto Currency Blog

Jun 14, 2023 01:20

BRICS Bank President Dilma Rousseff Calls for the Creation of a Global South Focused Financial System

Dilma Rousseff, president of the New Development Bank — also known as the BRICS bank — and former Brazilian president, has called for establishing a financial architecture designed for the so-called Global South. In a keynote speech at the 14th Lujiazui Forum, Rousseff remarked on the importance of this new structure for promoting sustainable growth.

The post BRICS Bank President Dilma Rousseff Calls for the Creation of a Global South Focused Financial System appeared first on BTC Ethereum Crypto Currency Blog.

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Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

Author: Crypto Breaking News

United Kingdom

Source: Crypto Breaking News

Apr 13, 2023 10:30

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries have to base their trade on the dollar?” Brazil’s President Wants to Reduce the [...]

The post Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency appeared first on Crypto Breaking News.

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BRICS Bank Official Discusses Common Currency as Reports of Gold-Backed BRICS Currency Gain Attention

Author: btcethereumadmin

United States

Source: BTC Ethereum Crypto Currency Blog

Jul 09, 2023 01:20

BRICS Bank Official Discusses Common Currency as Reports of Gold-Backed BRICS Currency Gain Attention

The BRICS Bank’s vice president and chief financial officer has shed light on the economic bloc’s aspiration to develop a common BRICS currency. His remarks followed recent reports suggesting that Russia has confirmed the BRICS’ plan to introduce a gold-backed common currency, with an official announcement expected to be made during the forthcoming BRICS leaders’

The post BRICS Bank Official Discusses Common Currency as Reports of Gold-Backed BRICS Currency Gain Attention appeared first on BTC Ethereum Crypto Currency Blog.

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