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Tag Archives: Sanya summit
BRICS summit & Future of US dollar as world reserve currency.
The third BRICS summit of—Brazil, Russia, India, China and South Africa—has issued a communiqué declaring that the international financial crisis had “exposed the inadequacies and deficiencies of the existing international monetary system” and called for reform, based on a “broad-based … Continue reading
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Tagged BRICS, Dollar SDR reserve currency, S&P's US debt, Sanya summit
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