BRICS morphing into anti-dollar alliance

Click banner for more info

Before the crucial visit to Beijing next week, the governor of the Russian Central Bank, Elvira Nabiullina met Vladimir Putin to report on the progress of the upcoming ruble-yuan swap deal with the People's Bank of China and the Kremlin used the meeting to let the world know about the technical details of its international anti-dollar alliance.

On June 10th, Sergey Glaziev, Putin's economy advisor published an article outlining the need to establish an international alliance of countries willing to get rid of the dollar in international trade and refrain from using dollars in their currency reserves.

Politicians forming alliance out of desperation – Fasoranti

Click banner for more info

Leader of the Yoruba Socio-political group, Afenifere, Chief Reuben Fasoranti, in this interview with SUNDAY ABORISADE, speaks about merger of political parties among other issues

What is your opinion on the state of politics in the country?

Politicians are forming alliances but they are doing this out of sheer desperation because they feel that the Peoples Democratic Party is becoming intimidating in all ramifications. They are afraid that the trend could force Nigeria to become a one-party state with the PDP dominating the scene. This is why people are looking for alliances. I hope it will work but such strategy hardly works because people have different reasons, different opinions for forming a political party, forgetting certain fundamentals.