Brazil President Expresses Support for BRICS Currency, Calls for Replacement to Dollar in Global Trade: Report
Brazil President Luiz Inácio Lula da Silva thinks BRICS countries should have a currency other than the US dollar for international trade. Bloomberg reports that Lula spoke on the dollar while visiting the BRICS’ New Development Bank in Shanghai this week. BRICS is an economic alliance, and the acronym stands for the countries of Brazil,...