Brazil, Russia, India and China sometimes referred to as the BRIC group, meet today to work out how to exert more control over the global financial system. On their agenda is how to create a new currency that could replace the U.S. dollar. Clifford Levy, New York Times Moscow Bureau Chief, joins the Takeaway to talk about this plan and what it will mean for the American economy.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!