Anonymous ID: 6200a7 March 29, 2023, 4:30 p.m. No.18604415   🗄️.is 🔗kun

China, Brazil Strike Deal To Ditch Dollar For Trade

 

China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary, the Brazilian government said Wednesday, Beijing's latest salvo against the almighty greenback.

 

The deal will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their massive trade and financial transactions directly, exchanging yuan for reais and vice versa instead of going through the dollar.

 

"The expectation is that this will reduce costs… promote even greater bilateral trade and facilitate investment," the Brazilian Trade and Investment Promotion Agency (ApexBrasil) said in a statement.

 

https://www.barrons.com/news/china-brazil-strike-deal-to-ditch-dollar-for-trade-8ed4e799?redirect=amp

Anonymous ID: 6200a7 March 29, 2023, 4:33 p.m. No.18604441   🗄️.is 🔗kun   >>4519 >>4587 >>4619

Lindsey Graham tells

@JesseBWatters

that he had no idea what is in the Restrict Act, Patriot Act 2.0 that gives the government broad power to spy on Americans, despite the fact that he is listed as a co-sponsor of the bill.

 

https://twitter.com/greg_price11/status/1641221065450872835