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The American Empire in a Changing World



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Friday, March 30, 2012

''Brics summit: Not just talks, but serious economic integration''

From Economic Times

''The leaders of Brics nations have adopted the idea - put forward in this column - of conducting trade between the five nations in their own currencies. Two agreements, signed among the development banks of Brazil, Russia, India, China and South Africa, say that local currency loans will be made available for trade between these countries.''


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