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Brazil's President called on Wednesday for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to dollar exchange rate fluctuations. Luiz Inacio Lula da Silva made the proposal at a BRICS summit in Johannesburg. Officials and economists have pointed out the difficulties involved in such a project, given the economic, political and geographic disparities between Brazil, Russia, India, China and South Africa.

Brazil's President called on Wednesday for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to dollar exchange...

Data shows the dollar dominates global trade. It is on one side of almost 90% of global forex transactions

BEIJING (Reuters) - China's northern region of Inner Mongolia reported two cases of bubonic plague on Saturday, following a previous infection that wa...

China's northern region of Inner Mongolia reported two cases of bubonic plague on Saturday, following a previous infection that was detected on Aug. 7, the local government said.... -Today at 12:33 am- MarketScreener