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CATEGORY: lula da silva

Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 27, 2023 05:50

Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says

The government of Brazil views the development bank established by the BRICS bloc as an alternative to traditional financial institutions, the country’s head of state told African diplomats. President Lula da Silva also vowed that the bank will improve cooperation with its African counterpart. Brazil Wants the New Development Bank Under BRICS to Strengthen as [...]

The post Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says appeared first on Crypto Breaking News.

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Brazil’s President Lula Voices Support for BRICS Currency
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
Apr 27, 2023 01:20

Brazil’s President Lula Voices Support for BRICS Currency

Brazil’s president, Luiz Inacio Lula da Silva, has expressed support for the creation of a BRICS currency. His statement of support comes as the BRICS bloc is gaining global influence, with 19 countries seeking to join the group. Brazilian President Lula Supports BRICS Currency Creation Brazilian President Luiz Inacio Lula da Silva reiterated Wednesday that

The post Brazil’s President Lula Voices Support for BRICS Currency appeared first on BTC Ethereum Crypto Currency Blog.

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Latam Insights — IMF States Latam’s CBDC Interest Rises, Lula Emphasizes Bretton Woods Institutions ‘No Longer Function’
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
Jun 26, 2023 01:20

Latam Insights — IMF States Latam’s CBDC Interest Rises, Lula Emphasizes Bretton Woods Institutions ‘No Longer Function’

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, the International Monetary Fund (IMF) reports interest in central bank digital currencies (CBDC) in Latam and the Caribbean is picking up, Lula criticizes the current international economic system, and Venezuela integrates the Russian

The post Latam Insights — IMF States Latam’s CBDC Interest Rises, Lula Emphasizes Bretton Woods Institutions ‘No Longer Function’ appeared first on BTC Ethereum Crypto Currency Blog.

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Brazil to Push De-Dollarization Agenda at BRICS Meeting
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
Jun 24, 2023 01:20

Brazil to Push De-Dollarization Agenda at BRICS Meeting

Brazilian President Luiz Inácio Lula da Silva has revealed his intention to raise the issue of de-dollarization at the next BRICS meeting. “Why Brazil and Argentina would trade in dollars. Why don’t we do it in our own currencies? Why can’t Brazil and China trade in their currencies? The question of why I need to

The post Brazil to Push De-Dollarization Agenda at BRICS Meeting appeared first on BTC Ethereum Crypto Currency Blog.

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Latam Insights — Venezuela’s Maduro States De-Dollarization Is ‘Inevitable,’ Argentina Raises Interest Rates to Close to 100%
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
May 23, 2023 01:20

Latam Insights — Venezuela’s Maduro States De-Dollarization Is ‘Inevitable,’ Argentina Raises Interest Rates to Close to 100%

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Venezuela makes a push for de-dollarization, the Central Bank of Argentina raises interest rates to close to 100%, and Brazil breaks the U.S. dollar parity import price peg for fuel.

The post Latam Insights — Venezuela’s Maduro States De-Dollarization Is ‘Inevitable,’ Argentina Raises Interest Rates to Close to 100% appeared first on BTC Ethereum Crypto Currency Blog.

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What to Expect in the Brazilian Crypto Industry After Lula’s Victory
Author: Santiago Contreras
United States
Source: DailyCoin.com
Oct 31, 2022 07:50

What to Expect in the Brazilian Crypto Industry After Lula’s Victory

The winning candidate of the Workers' Party considers that digital assets should be regulated by the Central Bank.

Continue reading What to Expect in the Brazilian Crypto Industry After Lula’s Victory at DailyCoin.com.

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Brazilian President Lula Ends Fuel Price Peg to the US Dollar, Announces Wholesale Discounts
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
May 18, 2023 01:25

Brazilian President Lula Ends Fuel Price Peg to the US Dollar, Announces Wholesale Discounts

Brazilian President Luiz Inacio ‘Lula’ da Silva has announced that state oil company Petrobras will not be using US dollar-based international prices to set its internal fuel pricing structure. The “Brazilianization” of the industry determines discounts for distributors, with prices now being determined by other benchmarks. Brazilian President ‘Lula’ Announces New Fuel Pricing Structure; Abandons

The post Brazilian President Lula Ends Fuel Price Peg to the US Dollar, Announces Wholesale Discounts appeared first on BTC Ethereum Crypto Currency Blog.

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De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 17, 2023 05:50

De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser

Brazil’s President Luiz Inacio Lula da Silva’s chief adviser on foreign policy, Celso Amorim, says China and Brazil “are coming closer together” and they could play important roles in building a less centralized world with no hegemony. Commenting on de-dollarization, he stressed: “I think it’s very important that we are free from the dominance of [...]

The post De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser appeared first on Crypto Breaking News.

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US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 17, 2023 02:10

US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony

U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in international markets. According to Yellen, the government tries to use sanctions “judiciously,” as they can create a desire to find alternatives to the U.S. dollar. U.S. Treasury Secretary Yellen Talks [...]

The post US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony appeared first on Crypto Breaking News.

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Bolivia’s President Calls on South American Countries to Ditch US Dollar, Bolster Alliances With China and BRICS
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 06, 2023 05:50

Bolivia’s President Calls on South American Countries to Ditch US Dollar, Bolster Alliances With China and BRICS

Bolivia’s President Luis Alberto Arce Catacora (Lucho Arce) has urged members and associated states of the Mercosur trade bloc to de-dollarize and establish stronger strategic alliances with international organizations, including the BRICS group. “We are experiencing a crucial moment of transition towards a multipolar world that guarantees a balance of powers and respects the principle [...]

The post Bolivia’s President Calls on South American Countries to Ditch US Dollar, Bolster Alliances With China and BRICS appeared first on Crypto Breaking News.

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Venezuela Presents Official Request to Join BRICS
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Aug 05, 2023 02:10

Venezuela Presents Official Request to Join BRICS

The government of Venezuela formalized its proposal to be part of BRICS, a geopolitical and economic bloc comprised of Brazil, Russia, India, China, and South Africa. Venezuelan President Nicolas Maduro explained that he hoped for a positive reception of the proposal by the nations that are part of the bloc. Venezuela Officially Applies to Enter [...]

The post Venezuela Presents Official Request to Join BRICS appeared first on Crypto Breaking News.

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Argentine Foreign Minister Says a Latin American Common Currency Would Relieve Argentina’s Stress on the Dollar Issue
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
May 05, 2023 01:20

Argentine Foreign Minister Says a Latin American Common Currency Would Relieve Argentina’s Stress on the Dollar Issue

Argentine Foreign Minister Santiago Cafiero referred to the advantages the issuance of a Latin American common currency would give Argentina. Cafiero stated that the existence of such a currency would relieve the stress that the country is currently facing regarding the state of its foreign reserves and the devaluation of its fiat currency. Argentine Foreign

The post Argentine Foreign Minister Says a Latin American Common Currency Would Relieve Argentina’s Stress on the Dollar Issue appeared first on BTC Ethereum Crypto Currency Blog.

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Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
May 05, 2023 01:20

Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals

Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules to aid Argentina. Also, the two countries are negotiating the establishment of a credit

The post Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals appeared first on BTC Ethereum Crypto Currency Blog.

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Lula Proposes to Revitalize South America Union USAN; Reinforces Need of Shifting Away From US Dollar
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
Jun 01, 2023 01:20

Lula Proposes to Revitalize South America Union USAN; Reinforces Need of Shifting Away From US Dollar

Luiz Inacio “Lula” Da Silva, President of Brazil, remarked on the need to retake South American integration mechanisms through the Union of South American Nations (USAN). Lula also proposed to shift away from the U.S. dollar by using a standard reference currency for bilateral settlements among countries in the region. Brazil’s Lula Proposes to Unite

The post Lula Proposes to Revitalize South America Union USAN; Reinforces Need of Shifting Away From US Dollar appeared first on BTC Ethereum Crypto Currency Blog.

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