Latin America’s plan to challenge US dollar with new currency and ’regional financial architecture’
Advising Brazil’s President-elect Lula, Ecuadorian economist and leftist presidential candidate Andrés Arauz made a blueprint for a “new regional financial architecture” to unite Latin America, including an international currency to challenge the hegemony of the US dollar and IMF.
Sources here:
Brazil’s Lula proposes creating Latin American currency to ‘be freed of US dollar’ dependency:
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