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STOP WAR ON INTERNATIONAL RESERVE CURRENCY BRAVICS versus SAKE

Created by H.L. on January 02, 2015

BRAVICS’ Alliance (Brazil, Russia, Argentina, Venezuela, China, India and South Africa) versus the United SAKE (United States, United Kingdom, European Union). Behind the call for a global alternative to the U.S. dollar's role as the international reserve currency, it carries deliberate actions in order to disrupt the world monetary order. Reacting to the fact that US President has signed into law a new Russian sanctions bill, and the EU has imposed an embargo of foods and a ban on investment in Crimea, Russia contrattacked.From one side, Brazilian beef exports to Russia have soared. Argentina and Russia had doubled Argentine food exports. From another side, a Chinese embargo on some Brazilian beef plants has also been lifted. Venezuela has also made a deal with Chinato pay its US$40 bil

Foreign Policy
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