First BRICS meeting post-expansion focuses on local currency use | World Business Watch

Saudi Arabia has officially ended its 50-year petrodollar agreement with the United States, shifting to a multicurrency system for oil sales. This transition allows Saudi Arabia to sell oil in various currencies.

#saudiarabia #brics #wion

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[outside]

Many countries learn from russia sanctions

[FredMeyer-noji]

Excellent video as always but here is my problem I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do

[rahmatullahkhan]

Brics means end to American hegemony and terrorism

[zeissiez]

Economist Michael Hudson said:”What makes American debt different from African debt? America is never going to pay its debt, because it doesn’t need to. Its debt is in its own currency, the US could simply print money to pay the interests. African debt is not in its own currency, so Africans have to earn dollars to pay their debt. The principle underlying the World Bank and the IMF: Third World countries should not produce their own food, they should only grow export food like cocoa or banana that the US need, in order to earn the dollars needed to pay their debts. With most of the farmlands taken up for export food, an over supply of cocoa or other tropical raw materials is created to keep down the price, and these countries would have to import grains from Monsanto. If they don’t listen to the US, then the US would starve them.”

[josephkibeera]

The real question is why the western media is quite on this very important news

[oriaphyn]

The Saudi prince needs to up his security now that the CIA have a reason to depose him.

[Mrhudson]

This will mark the end of NATO ... There is NO more bullying! The world can live in peace

[nickpope]

BRICS, the future is yours!!!! Love and full support from Australia ❤❤❤

[chans]

Why is US not pushing democracy card yet ?

[skyemilk]

The US been real quiet since this dropped...

[ac]

It's just a matter of time until the US will start to worry about democracy, freedom and human rights in Saudi Arabia

[malama_ka_aina]

BRICS has the right to defend itself 🤣

[bzakaria]

Now Saudi Arabia can have all the yuans and rupees in the world.

[mikelundberg]

This is one of history’s defining moments! The Free Ride is over United States! ✅

[VolkanSahin-ygjp]

Nightmare for us and Brother's eu countries.

[animalnt]

so this is how we find out we're going to war to defend money sharted out of a printer

[dahlanawang]

World shoulf focus on their own currency or mix currency..let loose US..

[delongbear]

Since the real value of the dollar is three cents it makes sense.

[angelinashen]

US dollar will fall like a house of cards.

[Trueye-slmr]

U$ is a fiat, erratic currency that is not favoured by the world. It is prudent to use other currencies to insulate from the imminent chaos