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He Coined The BRICS Acronym — Now He's Labeling Dollar-Killer Common Currency Idea By The Group As 'Ridiculous' And 'Infeasible'
Sunday, August 20, 2023 - 9:56pm | 572Read More...Ahead of the upcoming 15th Brics summit, the creator of the Brics acronym, Lord Jim O'Neill, has labeled the idea of developing a common currency for the bloc as “ridiculous” and “unfeasible”. This statement comes as Brazil, Russia, India, China, and South Africa are set to...
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Setback For De-Dollarization? No BRICS Currency Talks At South Africa Summit But 44 Nations Wish To Join The Union, Says Official
Saturday, July 22, 2023 - 2:47am | 411Read More...Dollar bulls could heave a sigh of relief as BRICS nations' plan to float a common currency may not come to fruition any time soon. What Happened: The BRICS, an acronym referring to Brazil, Russia, India, China and South Africa, are meeting in Johannesburg in August 22-24 and it was rumored that...
