First BRICS meeting post-expansion focuses on local currency use | World Business Watch
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
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide…
source
Reviews
0 %
Dear Brics ✌️🧡🧡🧡- Freedom to all- win win unity🍹💐
Well it's time for the BRICS- New World Order to come up with a default reserve currency or simply go back to gold as the reserve. It will be too chaotic for each country to trade in their respective currencies with the daily change in exchange rates.
The West has failed with its arrogance in politics and in the economy.
You cannot rule the world in the long term with colonialism, oppression, exploitation, war and murder.
The hypocritical slogans about democracy and freedom are of no help.
The majority of countries are now liberating themselves. And that is wonderful.
Still trading mostly 90% in US$
Several months later after this ad and OPEC still trading in USD. Suckers. 🤣
Saudi Arabia, Jordan, Baharain, Arab Emirates Nomder One Harami Connot Helpings Muslim Country
White people wants to suck up to brazil and india to counter bric. Good luck with that! You want the biggest bric members to help you counter brics. Brazil is like the founder of bric.
Gg America loss.
So how can we invest ?
As an American, so glad to see people standing on self belief and even not dressing in suit and tie western oppression costume. ✊🏾
Kingdom of Saudi Arabia
I've never seen xi did happy in all of my life, wow.
2:05
Finaly❤
BRICS is the end of U S hypo-crite😊
The Bricks have there own crocked agenda collapse the dollar and it pads there pockets they greedy and crooks
It's a shame that we can't all live in peace and harmony with one another. At the end of the day, it doesn't matter if you are Eastern or Western. What matters is that we are all humans living together. Hopefully, one day we can all have this philosophy, to make the world a better place for future generations and the preservation of nature. 🙏🏼🥰🙏🏼
Yess👌
It is good to see Xi Jinping smiling and having a good time ,he always looks so stressed
Using local currency for international trading does not solve the problem of facing many exchange rates risks (as opposed to a single US rate risk) and managing multiple currencies. BRICS need a common currency for all its members.
USA will give democracies to KSA People just like Iraq, Afganistan, etc.
USA is virus
Alhamdulillah 🤲🕋
THE WEST LOOSING ITS SUPER POWER😅😅😅😅 ALL THEY DO IS CREATE WARS