Brazil Wants Non-Dollar Trade With India
Brasilia, Brazil
As mentioned last month, China and Brazil are looking at dropping the US dollar for their trading (Brazil & China Dropping Dollar?). Now, it looks like India may also be involved:
After China, Brazil Eyes Non-Dlr Trade With India -Estado
SAO PAULO (Dow Jones)–Brazil is considering using its own currency when conducting trade with India, the local Estado de Sao Paulo newspaper said Monday.
Central Bank President Henrique Meirelles met with Indian banking officials in Europe at the Bank for International Settlements meeting over the weekend to discuss the move away from the dollar in trade between the nations, Estado reported.
Brazil and China are also conducting studies on how to shed the dollar in trade, according to Estado.
A move away from the dollar could eventually do away with currency volatility. Although the dollar is considered the benchmark currency for trade and commodities pricing, many Brazilian companies have lost hundreds of millions over the last two years due to dollar weakness.
-By Kenneth Rapoza, Dow Jones Newswires http://online.wsj.com/article/BT-CO-20090629-707133.html
The so-called BRIC nations (Brazil, Russia, China, and India) continue to try to take steps that will ultimately weaken the US dollar (see also Russia Wants China, India, & Brazil Currency Cooperation). And while these nations will likely not hold well together, these steps are likely to lead to the emergence of a non-USA dollar as the world’s trading and reserve currency.
The clock is ticking for the end of USA’s economic dominance of the world. And four major nations, which represent about 40% of the world’s population are trying to speed up that process.
Prophecy moves forward.
Some articles of possibly related interest may include:
India, Its Biblical Past and Future: Any Witness? The Bible discusses the origins of those of Indian heritage and discusses some of the witness to them (including those in Bangladesh, Pakistan, and Sri Lanka).
Mexico, Central America, South America, and Brazil in Prophecy [Español: México, America Central, Suramérica, y el Brasil en profecíal] [Português: México, América Central, Ámérica do Sul, e Brasil na profecia] What will happen to those of Latin America? Will they have prosperity? Will they cooperate with Europe? Will they suffer in the future? What rule might the various Caribbean nations/territories play?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon?
Russia: Its Origins and Prophesied Future Where do the Russians come from? What is prophesied for Russia? What will it do to the Europeans that supported the Beast in the end?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Prophecies of Barack Obama? Are there biblical and non-biblical prophecies about Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? Might Barack Obama set the stage for the kings of the North and South as his timing and at least one Shiite prophecy suggests? This is the longest and most detailed of the articles here at COGwriter related to prophecy and Barack Obama.
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”. Might Bible prophecy be fulfilled since he is to be the USA president?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? What is ahead for Europe?
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