A Risky Bet Against Brazil’s Economic Stability

Lula’s De-Dollarization Gamble: A Risky Bet Against Brazil’s Economic Stability Under President Luiz Inácio Lula da Silva, Brazil has doubled down on the BRICS alliance’s push to reduce reliance on the U.S. dollar, a strategy touted as a path to financial sovereignty but fraught with economic peril. Since taking office in 2023, Lula has championed […]