Latam Insights Encore: Brazil’s Determination to Build a New Financial System Will Guide BRICS Toward a Common Currency Agreement

October 29, 2024 Bitcoin.com

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how Brazil’s firm determination to push the world toward a multipolar financial system can pay off in the long term. As the next chairman of BRICS, Brazil will be responsible […]

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Brazil Calls for Unified BRICS Financial System, Challenging Western Hegemony

October 24, 2024 Bitcoin.com

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Brazilian President Luiz Inacio Lula da Silva has urged the creation of a unified financial system among BRICS nations. He emphasized the need for alternative monetary relations. Egyptian President Abdel Fattah el-Sisi echoed this sentiment, advocating for financial settlements in national currencies, stressing cooperation within BRICS. Lula Champions Unified BRICS Financial System Brazilian President Luiz […]

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Latam Insights Encore: Brazil Can Lead the Way to Full BRICS De-Dollarization

October 21, 2024 Bitcoin.com

bitcoin.com

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the recent movements by Brazil to further push de-dollarization within BRICS and how this might affect the trading framework of the entire bloc. Latam Insights Encore: Brazil Called to Lead […]

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Russian Foreign Minister States Barter Trade Is Under Consideration for Bilateral Settlements With China

September 3, 2024 Bitcoin.com

barter trade

Russian Foreign Minister Sergey Lavrov has emphasized that a barter trade system could be organized with China to overcome the current settlement problems. Lavrov noted that a similar system was studied by Brazil’s Lula outside the BRICS organization, proposing barter settlements among countries in Latin America and the Caribbean region. Russian Foreign Minister Sergey Lavrov […]

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BRICS To Discuss Mass Expansion at Upcoming Summit Amid Surging Interest

June 1, 2023 The Daily Hodl

brics

The BRICS coalition is moving closer to adding more countries to its alliance, according to one of its main members. Brazilian president Luiz Inácio Lula da Silva says BRICS is already looking at proposals from several other countries looking to join the group. BRICS, which was set up by emerging economies to create an alternative […]

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