{"id":1425,"date":"2023-04-30T14:56:31","date_gmt":"2023-04-30T12:56:31","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=1425"},"modified":"2023-04-30T14:56:31","modified_gmt":"2023-04-30T12:56:31","slug":"brazils-president-supports-single-trading-currency-for-brics-countries","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=1425","title":{"rendered":"Brazil&#8217;s president supports single trading currency for BRICS countries"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">Brazilian President Lula da Silva said Wednesday he supports establishing a currency for trade between BRICS countries, a group that includes his nation as well as Russia, India, China and South Africa.<\/p>\n<p>&#8220;I am in favor of creating, within the BRICS, a trading currency between our countries, just like the Europeans created the euro,&#8221; he said, without providing further details.<\/p>\n<p>Lula added that he would also support a potential shared trading unit for South American nations. This year, he has already suggested creating a common currency for bilateral trade for Brazil and Argentina, which has long suffered from dollar shortages and inflation exceeding 100%.<\/p>\n<p>During his trip to China, Lula also said he wanted developing countries to be less dependent on the US dollar.<\/p>\n<p>Earlier, Russian Foreign Minister Sergey Lavrov said the BRICS nations would discuss creating their own currency at a summit in late August.<\/p><\/div>\n<\/div>\n<div class=\"postie-attachments\"><a href=\"https:\/\/www.dhcab.com\/?attachment_id=1426\"><img decoding=\"async\" src=\"https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/04\/IMG_20230430_165352_331-300x198.jpg\" alt=\"\" width=\"300px\" height=\"198px\" class=\"alignnone size-medium wp-image-1426\" srcset=\"https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/04\/IMG_20230430_165352_331-300x198.jpg 300w, https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/04\/IMG_20230430_165352_331-768x507.jpg 768w, https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/04\/IMG_20230430_165352_331.jpg 872w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brazilian President Lula da Silva said Wednesday he supports establishing a currency for trade between BRICS countries, a group that includes his nation as well as Russia, India, China and South Africa. &#8220;I am in favor of creating, within the BRICS, a trading currency between our countries, just like the Europeans created the euro,&#8221; he [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-1425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/1425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1425"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/1425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/1426"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}