The BRICS - Brazil, Russia, India, China and South Africa - have agreed to provide credit to each other in local currencies. Officials say the deal will facilitate economic growth in times of crisis.Click here to read more from RT News
The BRICS - Brazil, Russia, India, China and South Africa - have agreed to provide credit to each other in local currencies. Officials say the deal will facilitate economic growth in times of crisis.
Treasury Secretary Tim Geithner outlined how his department will find savings, including $286 million in the next fiscal year, by changing the materials that go into coins, replacing paper with electronic communications and consolidating internal agencies. The U.S. Mint is currently researching alternative materials.![]() |
| Photo From: bbc.co.uk |
This use of the international interbank system as a war machine has surprised and angered nations in the BRICS (Brazil, Russia, India, China and South Africa) and you can bet that they will be in talks to get around using the U.S. dollar in trade in the future.![]() |
| Photo from papermoneycollapse.com |