Egypt Officially Ditches US Dollar For Trade : worldnews

[-] Tankiedesantski@hexbear.net 33 points 7 months ago

This could have some pretty significant implications on the standoff at the Egyptian-Israel border, though I doubt the effects will be seen that quickly.

[-] bennieandthez@lemmygrad.ml 33 points 7 months ago

Nice, looking forward for the next development within brics. Did Saudi Arabia really join? Some sources say they did, some say they are still considering it, wikipedia is not updated either.

[-] SadArtemis@lemmygrad.ml 25 points 7 months ago

Looking it up (though the only source is Reuters- so who's to say) the Saudis seem to be on the fence (not yet having responded to the invitation, officially looking into whether to join or not)

[-] bennieandthez@lemmygrad.ml 23 points 7 months ago* (last edited 7 months ago)

BBC, bloomberg and WSJ say they did, its been 2 weeks from these how is it not clear yet, mainstream media is so goddamn unreliable. It is a huge deal if SA joins, it very well could mean the end of the petrodollar.

[-] lemat_87@lemmygrad.ml 27 points 7 months ago

Another step to deflate the U$ hegemony. Good news!

[-] PoY@lemmygrad.ml 20 points 7 months ago

aww yiss

[-] GrainEater@lemmygrad.ml 13 points 7 months ago

[-] StalinistApologist@hexbear.net 8 points 7 months ago

way to go mexico!

[-] Stalins_Spoon@lemmygrad.ml 7 points 7 months ago

Wasn't Sisi an American puppet?

[-] yogthos@lemmy.ml 1 points 7 months ago

Looks like even puppets have limits.

[+] aniki@lemm.ee -25 points 7 months ago

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

#38.

Don't let the door hit you on the way out!!

[-] bennieandthez@lemmygrad.ml 18 points 7 months ago

Small quantitative changes lead to qualitative changes, you do realize this?

[-] o_d@lemmygrad.ml 15 points 7 months ago

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29 🇨🇳☭🇨🇳☭🇨🇳☭🇨🇳

[-] AlbigensianGhoul@lemmygrad.ml 14 points 7 months ago

Third world countries will do literally anything to benefit their national sovereignity and fragile gringoes will come out of the woodwork to yell "You won't be missed! Babe come back! It's for your own good!"

[-] miz@lemmygrad.ml 7 points 7 months ago

Two economists are walking in the park. The first economist sees a pile of dog shit and says to the other, "I'll pay you $50 to eat that dog shit." So he does and gets paid $50. Later on, the second economist sees a pile of dog shit and says to the first, "I'll pay you $50 to eat that pile of dog shit." So he does and gets paid $50.

The first economist says, "I can't help but feel we just ate dog shit for nothing." "Nonsense," says the second economist, "We just contributed $100 to the economy."

projected growth

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