Re:Evergrande shares plunge as much as 87% as trading resume...
by r00fus on Monday August 28, 2023 @06:03PM
(#37300965)
Lula, leader of Brazil (ie, the "B" in BRICS) is calling for a common currency.
"I am in favor of creating, within the BRICS, a trading currency between our countries, just like the Europeans created the euro"
This does not sound like just using the Yuan, and is more likely to gain support of the bloc. I'm pretty sure Lula and Modi do not want to trade one devil (US) for another (China).
"I am in favor of creating, within the BRICS, a trading currency between our countries, just like the Europeans created the euro"
This does not sound like just using the Yuan, and is more likely to gain support of the bloc. I'm pretty sure Lula and Modi do not want to trade one devil (US) for another (China).
https://www.reuters.com/article/spain-brazil-lula/update-1-b...