Business Report: Nicholas Woode-Smith on BRICS currency (23 September 2024)
Nicholas Woode-Smith was featured in Business Report on the possibility of a single currency for the BRICS states.
Nicholas Woode-Smith was featured in Business Report on the possibility of a single currency for the BRICS states.
It is good that we have not engaged further on a unified BRICS currency. Let’s keep it that way.
Dr Richard J Grant was covered in The East African on the possibility of a single currency for the BRICS states.
Dr Richard J Grant was covered in BusinessTech on the possibility of a single currency for the BRICS states.
Acceptance of a currency in trade today depends on confidence that others will accept it in trade tomorrow, and that the currency will be stable in value.
Nicholas Woode-Smith was featured in Engineering News on Friday, 10 November, on South Africa’s trade with BRICS partners.
True neutrality would be to abandon allegiances to these hostile powers, and rather open trade relations with everyone.
In the past South Africa had a chance to play a key role in the world’s markets but some of the incumbent politicians and sectors of the population are not showing the characteristics needed to build a winning country.
The United States’ global political and economic dominance may be shrinking.