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China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary, the Brazilian government said on Wednesday, Beijing’s latest salvo against the almighty greenback.
The deal will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their massive trade and financial transactions directly, exchanging yuan for reais and vice versa instead of going through the dollar.
“The expectation is that this will reduce costs… promote even greater bilateral trade and facilitate investment,” the Brazilian Trade and Investment Promotion Agency (ApexBrasil) said in a statement.
China is Brazil’s biggest trading partner, with a record US$150.5 billion (S$200 billion) in bilateral trade last year.
The deal, which follows a preliminary agreement in January, was announced after a high-level China-Brazil business forum in Beijing.
Brazilian President Luiz Inacio Lula da Silva was originally scheduled to attend the forum as part of a high-profile China visit, but had to postpone his trip indefinitely on Sunday after he came down with pneumonia.
The Industrial and Commercial Bank of China and Bank of Communications BBM will execute the transactions, officials said.
China has similar currency deals with Russia, Pakistan and several other countries.
Comments
-1 #Thats because your not looking. — MildB2023-03-30 10:11
I think it wise that you , — MildB 2023-03-30 09:01
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Made it very clear that private interpretations of released events of the shooting need to be kept off your Media sight.
That with the existing ways that laws are unequally applied and the cost and time involved. Also that you think it classless to openly discuss and that you are not set up to phony up a million for any and/or all garnered hurt.
That with the recent changes in law now moving forward because of the TicToc/Alax Jones suits, that each poster will now be personally responsible for posted content. Read in total the changes now being looked at regarding the TicToc case.
That you as I, chose to believe what was made public and do not care to further scrutinize details publicly, if any there be, here.
That the Alax Jone’s platform is set up for you to compare your opinion’s of perceived discrepancies on further public think.
But I must also warn you that a VPN will not protect you from the power’s that be. From what I heard, being read on infowars last night of the TicToc package suit and solution, you best take care on whats knocking on the door of America’s Constitutional freedoms.
Now many that post here, I am more than confident, have not yet resisted unto blood striving against sin.
Remember what Hal talked about at the end of the show last night. This is no longer a drill
That is all,
MostRespectFully,
mb
Matthew 10:16 Behold, I send you forth as sheep in the midst of wolves: be ye therefore wise as serpents, and harmless as doves.
Note:Emergency Thursday Show: Senate TikTok Bill a ‘Patriot Act’ Against Free Speech.
https://www.infowars.com/posts/emergency-thursday-show-senate-tiktok-bill-a-patriot-act-against-free-speech/
Other post from same pg above, Video: Biden Says If We “Protect LGBTQ+ Individuals, Our Societies Are Stronger”
posted 3 hours ago
-1 #This really happened. — MildB2023-03-30 12:40
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Hallie Scruggs, 9, was the youngest daughter of Chad Scruggs, senior pastor at Covenant Presbyterian Church, the house of worship affiliated with the school, and his wife, Jada,The New York Post reported,
(and the church confirmed to CBS News.)
-1 #We need a new Mount Rushmore, — oldschool2023-03-30 09:59
With Washington, Lincoln, Hamilton, Jackson, Grant, & Franklin.
And renamed, ‘Mount Greenback memorial’ .
+2 #Send $ — muddsbks2023-03-30 10:56
Where do I send my soon-to-be worthless greenbacks to help fund this project?
#LOL !! — oldschool2023-03-31 02:00
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+2 #Off Topic: Nuff said true believers — Gruntpa2023-03-30 07:56
Good & moral people have always been vulnerable to being late recognizing dire threats arising in their midst as most have had no personal experience with how, off the charts, evil evil people can be, especially so with demonic narcissists with no moral restraints.
Danger Will Robinson! Danger!
+1 #Seems The Dead Shooter — Forrest Mosby2023-03-30 05:05
Was wearing different shoes than Live Shooter? Haven’t seen any follow-up to that story?
#A repost to read — MildB2023-03-30 10:13
at top
+1 #Off Topic — ellis2023-03-29 23:24
Hal, I have got to tell you that I absolutely love your bumper music. One night, decent rock, next night, decent country, another night 70’s folk type pop. Keep up the great work.
#OFF TOPIC — joe@tittiger.com2023-03-29 22:55
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Hal with all due respect you need to learn what the word “violence” means.
It does NOT have anything to do with righteous self defense.
FWIW the definition of violence is:
The INITIATION of harm on another person.
Self defense HAL is NOT violence.
Please learn how to use the English language properly. Words have meaning.
FWIW those that answered NO to your question are the spirit of the ant-Christ.
They are your enemy.
#Nobody here stands or falls TO YOU! — MildB2023-03-30 10:19
Note:Emergency Thursday Show: Senate TikTok Bill a ‘Patriot Act’ Against Free Speech.
https://www.infowars.com/posts/emergency-thursday-show-senate-tiktok-bill-a-patriot-act-against-free-speech/
+3 #OFF TOPIC: — joe@tittiger.com2023-03-29 22:38
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Hal your rant on murdering people because they are arguably mentally ill, (trans people) just illiterates how poorly you know Natural Law… if you understand it at all.
You fail to see that the government schools are the root of this evil and that they need to go.
You get your law Hal and murder them all and then a new crop will come out of the government schools the following year, and you will have to murder them too.
Men spend most of their lives addressing symptoms while ignoring causes.