‘Why Can’t We Trade In Our Own Currencies?’: Brazil’s Lula Ask

Brazil’s president, Luiz Inácio Lula da Silva, asked, “Why can’t we trade in our own currencies?” The US dollar’s role as world’s primary reserve currency for global trade was challenged at a finance summit in Paris by South African President Cyril Ramaphosa and his Brazilian counterpart Luiz Inácio Lula da Silva after the US Treasury Secretary […]