https://tankie.tube/videos/watch/6e40509a-cd01-489f-937f-9d9bc4f86109 Listen to Brazilian President Luiz Inácio Lula da Silva propose a new Latin American currency to replace the dollar called the "sur" ("south" in Spanish). The currency would initially be used between Argentina and Brazil for bilateral trade, but its expansion to other countries in Latin America has not been ruled out. The goal of the proposed currency is to provide an alternative for countries like Argentina, whose Central Bank has scant US dollar reserves and is drowning in debt, to bypass the dollar altogether. According to Financial Times, a currency union that covers the whole of Latin America would represent about 5% of global GDP. The U.S. government has not yet commented on the proposal. Lula's comments came during a press conference at a bilateral meeting between Brazil and Argentina on the eve of the seventh summit of the Community of Latin American Caribbean States (CELAC) which is being held in Buenos Aires, Argentina. The summit will host officials from 33 countries, although some leaders, such as Venezuela's president Nicolás Maduro, Nicaraguan President Daniel Ortega and Mexico's president Andrés Manuel López Obrador, are expected to be absent. ... https://www.youtube.com/watch?v=aWf6g4VoW8w Thu, 09 Apr 2026 03:16:33 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tankie.tube https://tankie.tube/lazy-static/avatars/3ba3ff73-a8b6-49c9-add8-9653ef090c7f.webp https://tankie.tube/videos/watch/6e40509a-cd01-489f-937f-9d9bc4f86109 All rights reserved, unless otherwise specified in the terms specified at https://tankie.tube/about and potential licenses granted by each content's rightholder.