Cutting out the middle man: Brazil to trade directly with China in local currency. And Saudi Arabia is in discussions also for their oil trade in yuan. Is the $USD about to fall? Get prepared. - The Great Awakening

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Cutting out the middle man: Brazil to trade directly with China in local currency. And Saudi Arabia is in discussions also for their oil trade in yuan. Is the $USD about to fall? Get prepared. (www.straitstimes.com)

posted 1 year ago by 00101101 1 year ago by 00101101 +243 / -0

China, Brazil strike deal to ditch dollar for trade

It's Beijing’s latest salvo against the greenback. Read more at straitstimes.com.

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– summerstormAK 1 point 1 year ago +1 / -0

I've never really understood why a country should have to convert to USD and then to whatever currency they're trading to. Seems a bit heavy-handed to me. It would be interesting to hear what DJT thinks of the (dying) practice.

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