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Bloomberg TV interviewed Leslie Maasdorp, BRIC's New Development Bank VP & CFO, on July 5 2023.
This is what Fortune reported Maasdorp to have said:
“The development of anything alternative is more a medium to long term ambition,” he said. “There is no suggestion right now to creates a BRICS currency.”
Looks like there's more reporting of it going on than I thought. I was just checking online headlines. This could also be a case of Russian propaganda (RT) outpacing western propaganda!
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It could be Russia setting the agenda in their favor at next month's meeting...
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I would think Russia, China and Iran would be the most willing to confront the U.S. head on right now.
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I was pretty surprised to read, a few weeks ago, that Saudi Arabia were looking to be part of the New Development Bank too.
Don't they largely just sell oil - and get paid only in USD?
Oh well, we'll see...
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MBS seems to delight in passing Biden off.
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