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Developing nations are demanding control of their resources, reordering a relationship from colonial times, in part by insisting on factories in their own countries. ....
Developing nations are demanding control of their resources, reordering a relationship from colonial times, in part by insisting on factories in their own countries. Joining Namibia and Zimbabwe, Ghana is preparing to ban exports of lithium - essential for electric vehicles. ....
While visiting China in April, Brazilian President Luiz Inácio Lula da Silva asked “who decided that the dollar” should be all-powerful. The Bank of Thailand is talking up fresh plans to diversify its basket of currencies, which it uses to establish the value of the baht, so its less tied to the dollar. Indonesia is shoring up local currency markets,as regional neighbors set up digital payment systems, reducing the need for the dollar in day-to-day purchases. Africa is discussing a common currency. ....
India, Brazil and Rest of Global South Break Away From the US-Led World Order bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.