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Tag: Brazil


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In China, Brazil’s President Calls for Alternative to US Dollar in International Trade

April 14, 2023

Via: CNSNews.com

Brazil’s leftist president began a visit to China on Thursday by taking a swipe at the U.S. dollar and asking why the group of leading emerging economies known as BRICS could not use a currency other than the greenback to […]


Capital and Risk, Macroeconomic

Are Brazil and Argentina Heading Toward a Tragedy of the Monetary Commons?

February 6, 2023

Via: CNSNews.com

Earlier this month, Argentina and Brazil announced that they would begin working to implement a common currency. The news shocked many economists, including Oliver Blanchard, former chief economist of the International Monetary Fund. Blanchard responded by tweeting: “This Is Insane.” […]