Honduran President Xiomara Castro arrived in Shanghai Friday, starting a six-day visit to China which will include a meeting with President Xi Jinping following her government’s decision to establish diplomatic relations with Beijing and cut off ties with Taiwan. Read full article
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Jun 10th, 2023 - 11:25 am - Link - Report abuse 0Honduras has also asked to join the Bank of the Brics.
Oh, then they will they be able to lend Argentina Yuan, yes?
Jun 10th, 2023 - 12:04 pm - Link - Report abuse 0I don't think there will be time for them to borrow Yuan. The R5 Project (real, renminbi, rand, rupee, ruble) is ready and will be presented, probably, in August in South Africa.
Jun 10th, 2023 - 12:19 pm - Link - Report abuse 0A new currency is being born!
https://www.youtube.com/watch?v=PfXyNqg8NDI
Ahh, another ‘Euro’ then!
Jun 10th, 2023 - 12:51 pm - Link - Report abuse 05Rs, nothing like 5 eyes no?
I don't have the details of what this currency will look like. It will probably, in my view, be backed by gold (or another commodity, or all commodities). The Central Banks of each BRICS will be able to swap, hedge, loan, guarantee, trade and reserve according to the ballast that exists.
Jun 10th, 2023 - 02:05 pm - Link - Report abuse 0It's what I think.
Brasileiro
Jun 10th, 2023 - 09:11 pm - Link - Report abuse 0”backed by gold (or another commodity, or all commodities). The Central Banks of each BRICS will be able to swap, hedge, loan, guarantee, trade and reserve according to the ballast that exists.”
Foolish dreams, but I wish you luck!
Fair play to you, if it works for trade between BRICS and associated countries?
Jun 10th, 2023 - 10:43 pm - Link - Report abuse 0I suspect there may be problems implementing this, not least agreeing the exchange rate between the 5Rs and then its value against hard currencies like the Dollar.
Tying different currencies, each of a different and floating value on the world market, together and trying to fix their values, has never worked successfully before.
And it has been tried before.
But hey, that doesn’t mean it can’t work, right!
Any ‘ballast ’will quickly be sucked up by Argentina, good luck with ever getting any of that money back.
PUGOL
Jun 10th, 2023 - 11:02 pm - Link - Report abuse 0Agreed!
Did you go off to France yet?
Chicureo
Jun 10th, 2023 - 11:53 pm - Link - Report abuse 0Heading out this week, Mon ami.
‘Although they consider themselves closer to GOD himself’.
LOL, this I have met before and understand your comment well, but it is only one side of the coin.
One of the Hymns to be sung at the wedding is the Jerusalem, the English anthem.
https://www.youtube.com/watch?v=rT1HEXNI9c4
Sends shivers down my spine, singing it in France will be Glorious.
‘Once more unto the breach, dear friends.’etc. Etc.
Do not worry Compadre, they cannot ‘out front’ me, we out history them.
I trust all is well with you and your ‘Gypsy Clan’, especially the new addition?
Saludos de Colonia Nervia Glevensium.
PUGOL
Jun 11th, 2023 - 12:40 am - Link - Report abuse 0All is well by the grace of GOD with all our eclectic tribe of gypsys.
Have fun!
¡Saludos de Chile!
Brasileiro...
Jun 11th, 2023 - 01:52 pm - Link - Report abuse -1- Don't be too dissapointed about them Anglo Turnips (and that odd WishIWasAnAnglo Shilean...) do not know nothing 'bout no money...
-They seem to Tænk that those mere 50 years of the mighty American FIAT dollar dominance are an eternity..., for eternity...........
-I Tænk they don't 'ave a clue that..., some 1,300 years ago..., the Chinks invented FIAT money..., printed it on mulberry bark..., called it Yuan..., and used it until...., well..., today.....
- I Tænk they don't 'ave a clue that the greek Drachm was the world's silver based hard currency for over 4 centuries...
- I Tænk they don't 'ave a clue that the Roman Denar was the world's silver based hard currency for over 4 centuries too...
- I Tænk they don't 'ave a clue that the Florentine Florin was the Renaissance world's gold based hard currency for about three long centuries ...
Them Anglos should stick their Corn Cob Pipe there where the sun don't shine for a while and learn some manners from history...
Capisce...?
;-)))
was the Chinks that invented FIAT money son
WTF has any of that got to do with a 5Rs currency exchange, in today, the modern world???
Jun 11th, 2023 - 03:26 pm - Link - Report abuse 0Did the Greeks, Romans and Florentines have a common currency exchange going then?
Roger irrelevant rides again.
THINK
Jun 11th, 2023 - 07:59 pm - Link - Report abuse 0Although I agree that there are a lot of suitable alternatives, I prefer Dollars, Euros and Pound Sterling to exchange.
No doubt a digital exchange will eventually occur, but I'm very conservative about currency.
Chilean Pesos are also an excellent alternative...
¡SALUDOS!
Estimado Top-1% latifundmomio Shileno...
Jun 11th, 2023 - 09:07 pm - Link - Report abuse -1No surprise that you are very conservative about currency...
So are the millions of other Top-1% latifundmomios ALL OVER the World...
Who are getting quite miffed about the lack of Conservatism in USA's economic policies...
And very, very worried about the overabundance of American Exceptionalism in said policies...
They don't want to lose it all..., just because them Yankees suddenly don't like the colour of their knickers...
Seems that many Top-1%ers are looking for alternatives... That's how auld Empires fall and new ones rise...
Capisce...?
TO WHOM CONCERNED
Jun 11th, 2023 - 10:58 pm - Link - Report abuse 0I am a humble farmer growing a modest vineyard and orchard in the bountiful Aconcagua Valley.
I object the ridiculous accusation that our humble family partain of the latifundmomios...
We simply reside in an adobe home trying to navigate the uncertainty of the perilous export markets, while THINK lavously lives on the Italian coast.
Although I'm concerned of the current American President's foolish administration, hopefully that can be settled soon.
Cheers!
Well, well I’ve heard it all now, ‘latifundmomios’, ‘Top-1%ers’.
Jun 11th, 2023 - 11:44 pm - Link - Report abuse 0Coming from the Puelmapu Planter with his Estancia in Argie occupied Wallmapu.
Currently residing in the politically and economically stable EU, far from the ‘148.9% inflation by the end of the year’, plaguing his supposed countrymen (although I think more of them are Italian and Spanish than Danish, certainly more S. American).
Meanwhile Sr Stink, casts his pearls of wisdom from afar, whilst eating squashed roadkill at maison Rostang, in Gay Paris.
à la guillotine avec l'Aristo.
Principles, Pfff, the worst kind of ‘Champagne Socialist’ you will find.
Hermanito...
Jun 12th, 2023 - 12:14 am - Link - Report abuse -1You forgot to include..., in that catalogue of miseries of yours..., the cuchitril infame in Valle Asoleau... :-)))
https://www.j2ski.com/snow_forecast/Chile/Valle_Nevado_snow.html
PUGOL
Jun 12th, 2023 - 12:54 am - Link - Report abuse 0Try to understand that poor deluded THINK has seemed to forgot our ski season begins the end of June.
Anyway we're anticipating a marvelous Winter season with our growing gypsy clan.
Cheers!
Btw..., hermanito...
Jun 12th, 2023 - 01:32 am - Link - Report abuse -1I do indeed live on the Italian coast but I do under the Franciscan premise...:
Poco necesito...
Y lo poco que necesito...
Lo necesito poco...
By the way..., you being a 1%er..., a Navy man..., an Esmeralda cadet and all that circus...
Jeff arrived yesterday to the hood and anchored his new sloop closeby...
Geeeee man..., ya' should see her...! 127 meter ugliness...:-(((
THINK
Jun 12th, 2023 - 02:26 am - Link - Report abuse 0I suspect you're living on magnificent Italian cuszine, while pleading poverty.
Live well and enjoy your prosperity!
Hermanito...
Jun 12th, 2023 - 06:48 am - Link - Report abuse -1A) IMHO..., it's mostly the rich who plead poverty...., we others just endure & prosper in it...
B) IMHO..., it ain't the current American President nor its current foolish Administration that are the problem for our little shared planet........., IF IN DOUBT..., just skim the CV's of NULAN and BLINKEN...
B¹) IMHO..., it's the current imbalance in WATCHINGTON causing THA CRISIS..., it's the Supemacist-Exceptionalist Yankee Wing having taken preponderance over the Realist-Exceptionalist Yankee Wing..., it's the former wet-dreaming of taking out Russia and China militarily at the same time whilst the latter it's wet-dreaming of taking out Russia and China militarily one by one..., capisce....?
C) I do notice that you haven't cared to answer me above question 'bout the estethics of Mr. Bezos brand new yacht..., the KORU... :-(
Saludos...
THINK
Jun 12th, 2023 - 01:59 pm - Link - Report abuse 0Some our own thoughts, actually conside regarding the current situation in the Ukraine.
Regarding the rest of your other deluded accusations: no comment.
As far as the mega-monstrosity moored along your coast: not my taste.
¡Saludos!
We are again in total agreement...
Jun 12th, 2023 - 03:15 pm - Link - Report abuse -1There is a potential Argentinean in you after all..., hermanito...
Though..., it is a fact that that Filthy Ritchy Rich Yankee Show Off's THINGY is longer (127m.) than yours (110m.) or ours (104m. :-(
(Don't tell them ladies...)
THINK
Jun 12th, 2023 - 10:15 pm - Link - Report abuse 0Gentlemen never discuss size among inferior braggarts...
I only admire the Argentine Tango...
GREATLY admire actually...
Can Taenk ever post a comment without childish name calling. it is neither funny or clever, in fact quite the opposite, as it shows how immature he is, and on top of that he is racist towards the Chinese too, time he was banned from this site,
Jun 13th, 2023 - 12:16 am - Link - Report abuse -1You know I like Shile too..., hermanito...
Jun 13th, 2023 - 06:27 am - Link - Report abuse -1- Soooo much that I recently added a Jaeger-LeCoultre Memovox ref. E872 from 1970 to me humble watch collection...
(Same model weared by the Good Shilean Doctor at La Moneda on the 11/09/73..., btw... :-)
- Lies now beside a good comrade..., a black dialed automatic Marvin Flying Dutchman from 1957...
(Same model weared by the Good Argie Doctor at Santa Clara's Battle on the 29/12/58..., btw... :-)
Hasta la Victoria..., Siempre...
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