🇫🇷❌🇳🇪 — Paris believes that the "Putschists have no authority" to order or demand the departure of the French Ambassador, reports BFMTV

— "France on Friday evening rejected the request for the departure of its ambassador to Niger, considering that "the putschists have no authority" for such a request.

The military regime that took power on July 26 in Niamey had announced earlier that it was giving Sylvain Itté 48 hours to leave Nigerien territory, arguing that he had refused "to respond to the invitation (.. .) for an interview" on Friday. He also highlighted "other actions by the French government contrary to the interests of Niger"."

Link
https://archive.is/rZGsT

🇳🇪❌🇩🇪❗️ — 📰 AFP: Niger Military Junta Leaders order Germany's ambassador 48 hours to leave the country

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🇧🇷🗣🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦💰 — 🇺🇸 The Epoch Times | BRICS Dropping US Dollar, Working on New Reserve Currency: Brazil's Lula | August 24, 2023:

"The BRICS economic alliance plans to abandon the U.S. dollar in trade settlements and develop a new reserve currency while promoting the use of local currencies, Brazil's president said at the bloc's 15th annual summit in Johannesburg, South Africa.

Brazilian President Luiz Inacio Lula da Silva championed a medium- to long-term objective of creating a new reserve currency to fight against the U.S. dollar hegemony. Until then, the coalition will encourage the further utilization of members' national currencies in bilateral trade.

"The creation of a currency for commercial transactions and investments between BRICS members increases our payment conditions and reduces our vulnerabilities," Mr. Lula stated before the summit audience, adding that developing nations should be hit with higher interest rates than what affluent countries experience.

The best mechanism, he noted, is to bolster liquidity, increase favorable financing terms, and abolish conditionalities, suggesting that the “structural readjustment” is an indictment of the policies presented by the International Monetary Fund (IMF) and the World Bank.

"The multilateral trading system must be revitalized so that it returns to acting as a tool for fair, predictable, equitable, and non-discriminatory trade," he said."

#Geoeconomics

🔗 Full:

🇺🇸💸📈 — 📰 Bloomberg: Federal Reserve Chair Jerome Powell signaled the US central bank is prepared to raise interest rates further if needed and keep borrowing costs high until inflation is on a convincing path toward the Fed’s 2% target

🔗 Bloomberg TV (@BloombergTV)