(Reuters) – Work will proceed on the BRICS settlement system regardless of U.S. President-elect Donald Trump’s menace to impose 100% import duties on international locations that attempt to undermine the greenback, the RIA information company cited a senior Russian official as saying on Friday.
Trump final week demanded that BRICS member international locations decide to not creating a brand new foreign money or supporting one other foreign money that might change the U.S. greenback, saying they’d in any other case face 100% tariffs.
RIA quoted Russian Deputy International Minister Alexander Pankin as saying that BRICS was the truth is engaged on a settlement system relatively than a brand new worldwide foreign money.
“After all, it’s going to proceed,” he mentioned, referring to the work on the deliberate system.
Driving south from Los Angeles alongside the coast, you possibly can't miss the San Pedro…
By Howard Schneider PALO ALTO (Reuters) - The Fed shouldn't decide to additional rate of…
By Howard Schneider PALO ALTO (Reuters) -President Donald Trump's unfolding commerce coverage might curb U.S.…
WASHINGTON (Reuters) - The U.S. federal human assets company on the coronary heart of billionaire…
(Reuters) -U.S. Federal Reserve Governor Michelle Bowman has picked three staffers from the banking world,…
By Howard Schneider and Ann Saphir PALO ALTO, California (Reuters) -The Federal Reserve wants extra…