Worldwide economic weakness is reshaping the proportions of global trade. With its demand for soybeans, iron ore and oil back on their growth trends, China has become the largest importer of Brazilian ...
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Dollar dominance faces new test as BRICS activates Brazil-backed payment network beyond sanctions
A major economic bloc made up of emerging economies has begun operating a new international payment system inspired by Brazil ...
BRASILIA (Reuters) - Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this year, four government officials said, but its agenda may ...
BRASILIA (Reuters) - Brazil sold $2.75 billion in dollar-denominated sovereign bonds on Wednesday, the treasury said, marking its second international issuance this year as the country capitalizes on ...
The U.S. dollar was higher on Thursday as markets took U.S. President Donald Trump's latest tariff salvos in their stride, except in Brazil where a threatened 50% levy sent the real sliding. The ...
Brazil’s BRICS presidency this year will not push for a shared currency but will focus on easing international payments and reducing reliance on the U.S. dollar in global trade, according to four ...
The U.S. dollar slipped further from a two-week high versus major peers on Thursday, as President Donald Trump's latest tariff salvos failed to shake markets, except in Brazil where a threatened 50% ...
Brazil’s rate cuts, weaker dollar & commodities tailwinds could lift large caps. Read more macro analysis here.
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