Brazil, which holds the BRICS presidency this year, is steering the bloc toward a shift in global trade strategies. While speculation about a BRICS common currency has fueled debates, Brazilian ...

Brazilian President Luiz Inácio Lula da Silva proposed creating a common currency in the region during a meeting with South American heads of state in Brasilia on Tuesday. The single currency would ...

RIO DE JANEIRO (AP) — A proposal floated by the leaders of Brazil and Argentina to launch a common currency is being met with deep skepticism by analysts, who say neither country is positioned to ...

Worries over the European debt crisis had been cooling in recent days, until a flareup Wednesday when Moody's warned that Spain's sovereign debt could be subject to a downgrade. The comment came with ...

Nigerian trade consultant Bamidele Ayemibo says it’s easier to sell his bean cake snacks to China than to neighboring Benin. Trading with any of the other members of the Economic Community of West ...

Argentina President Alberto Fernández and Brazil President Luiz Inácio Lula da Silva meet at the Casa Rosada in Buenos Aires on Jan. 23 2023. (Casa Rosada) BUENOS AIRES, Argentina (CN) — Brazil and ...

South America's largest economies, Brazil and Argentina, are commencing preparatory work on a common currency called "sur" (south) that could aid regional trade and reduce dependency on U.S. dollar.

The Budget Crunch Is Coming. States Must Adjust Their Spending Accordingly Sorkin Rounds Up the Usual Suspects A Warning from Chicago The rationale of the two governments is that a trading currency ...

From the moment of its inception, tensions within the formation of the Eurasian Economic Union have been palpable. Where Kazakhstan President Nursultan Nazarbayev had originally envisioned an ...

The assessment of the current debate about the implementation of a common currency among the member states of the GCC should start with a reflection of the basic idea of a currency union. It is ...

This is a preview. Log in through your library . Abstract The movement of some members of the European Union towards a common currency area is likely to spark interest in other possible common ...