Trade

Brazil’s Lula: No BRICS Currency Plan, Focus on Bilateral Trade Alternatives

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Brazil president lula

Speculation around a potential BRICS common currency has dominated global economic discussions in recent months. However, Brazilian President Luiz Inácio Lula da Silva, in an exclusive interview with India Today, has firmly dismissed these claims. He clarified that there are no debates or proposals within BRICS to create a new currency, while highlighting the possibility … Read more

“China vs Dollar: The Currency Clash Shaping Global Trade”

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Counting Chinese yuan banknotes on table

China is intensifying its push to challenge the U.S. dollar’s dominance, positioning the yuan as a global reserve currency. This move signals Beijing’s ambition to reshape the financial order and reduce reliance on the dollar, especially amid growing geopolitical tensions. China’s Currency Challenge: A New Financial Era?Xi Jinping’s Call: Chinese President Xi Jinping has openly … Read more