Brazil’s president has blasted the monstrous role of the US dollar in the global economy during a formal visit to China after the two nations forged a recent pact to replace the dollar with their own currencies in trade deals.
"Why should every country have to be tied to the dollar for trade? Who decided the dollar would be the world's currency?" asked President Luiz Inacio Lula da Silva at a Thursday ceremony in China’s largest city and global financial hub, Shanghai, to inaugurate his political ally Dilma Rousseff as president of the New Development Bank set up by the BRICS member nations -- Brazil, China, Russia, India and South Africa.
"Why can't a bank like the BRICS bank have a currency to finance trade between Brazil and China, between Brazil and other BRICS countries? Today, countries have to chase after dollars to export, when they could be exporting in their own currencies," added visiting Lula, who is currently touring China aiming to further expand ties with his country’s top trading partner.
The 77-year-old president, who is due to meet with his Chinese counterpart Xi Jinping in Beijing on Friday, intends to reposition Brazil as a global go-between and deal broker, spreading a message that "Brazil is back" as a key player on the global stage.
Lula’s administration declared last month that China and Brazil had reached a deal to trade in their own currencies, ditching the US dollar as an intermediary.
Under the currency deal, Brazil and China named two banks – one in each country – to conduct their massive trade and financial transactions by directly exchanging yuan for reais and vice versa, rather than going through the dollar.
China is Brazil's biggest trading partner, with a record $150.5 billion in bilateral trade last year.....more below
Gaza authorities have accused Israel of systematically stealing organs from Palestinian bodies, a disturbing act that underscores the regime’s ongoing brutality.
With the international community turning a blind eye, officials warn that such atrocities will continue as long as Israel remains immune to accountability for its war crimes.....more below
UG Solutions, a leading US military subcontractor that previously provided security for the Gaza Humanitarian Foundation (GHF) and helped run Gaza’s deadly aid distribution system, is aggressively recruiting for a new round of deployments to the blockaded Palestinian territory, a media report says.
A former army officer who recently applied for a position told Drop Site that a UG Solutions official openly described plans for more than a dozen new aid sites in Gaza.
The officer further emphasized that the company was “going to need a lot more guys.”
Applicants are reportedly being told deployments could begin by December, with salaries of up to $1,000 per day plus per diem.
One recruit described interviews focused on weapons tests, “rules of escalation,” and questions about whether he would obey superiors regardless of past military rank. After multiple rounds of vetting, he was abruptly rejected......more below
https://www.presstv.ir/Detail/2025/11/20/759192/US--GHF-Gaza-Israel-
Foreign Minister Abbas Araghchi says Iran now considers the Cairo understanding with the International Atomic Energy Agency (IAEA) terminated, following the passage of an anti-Iran resolution at the agency’s Board of Governors.
The Board on Thursday narrowly approved the resolution drafted by the European Troika - France, Germany and the UK - and the United States—passing 19–3 with 12 abstentions—that urges Tehran to “without delay” report on its enriched uranium stockpile and facilities damaged in the June aggression by Israel and the US, while omitting any mention of Iran’s longstanding cooperation with the agency.
Araghchi condemned the move, calling the resolution “illegal and unjustified.” He said the measure was adopted “under pressure from these four countries” despite opposition or abstentions from 15 board members.
Araghchi said the action undermined the IAEA’s “credibility and independence” and would disrupt the agency’s cooperation with ...
