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How the BRICS Bank is resisting US financial domination

Geopolitical Economy Report

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The Petro Yuan: The Future of the US Dollar

Saudi Arabia has been one of the key players in maintaining the Pedchor Dollar System. As Saudi Arabia integrates further into the BRIC system, that means that it's likely going to sell its oil in other currencies such as Chinese Renminbi. Brazil's leftist president Lula de Silva has given many speeches talking about the importance of creating a new currency.

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