The international group could create an alternative currency based on their national legal tenders, according to Alexey Mozhin The BRICS group of nations could offer an alternative currency in the event of a collapse of the dollar and the international monetary system, according to Russia’s executive director at the International Monetary Fund, Alexey Mozhin.
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Japan’s decision to include used vehicles in its ban on car exports to Russia will cost the country nearly $2 billion, Reuters reported on Monday, citing trade data and market participants. The ban on sales of all but subcompact vehicles to Russia came into effect in early August, having cut off a lucrative sales channel…
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