On May 29 this year, Brazilian President Lula once again mentioned the US dollar at a joint press conference held with President Venezuela.Lula said that he dreamed that he could have a non -US dollar regional currency, so that Brazil and Venezuela could not rely on the US dollar to trade.

This is not the first time that Lula has talked about going to the US dollar.He once published an article questioning why all countries had to use US dollars to settle in trade.Lula also advocates that the BRICS countries should establish a unified monetary system.In April of this year, Lula put forward a similar point when visiting China.

What is the US dollar?What does the US dollar hegemony often mean internationally?What impact will de -US dollar affect international currency and financial order?

This issue of the Morning Post Podcast is talking about the west, listening to the host Han Yonghong and Fu Fangjian, an associate professor of Li Guangqian Business School of Singapore Management University in detail.

Wonderful clips

Host Han Yonghong: After the Russian and Ukraine War, the United States sanctioned Russia and frozen Russia's US dollar assets.Some countries feel that I am not very reliable to use the US dollar. If one day I take some politics in diplomacy, let the United States decide to sanction me, then my dollar assets are completely frozen and water.Essence

Fu Fangjian, an associate professor of Li Guangqian Business School of Singapore Management University: I really have a meaningfulness to this de -US dollar. I think it is a diversified risk, which means that it cannot be fully dependent on the US dollar ... China has a sentence in China.As the saying goes, don't hang it on a tree.So (this) is a need for decentralized risks.

The content of this issue (if you click the bookmark in the player, you can jump to the corresponding chapter):

  • [01:34] How is the status of the US dollar hegemony?
  • [13:43] Will it really go to the US dollar?
  • [16:48] The status of the euro was weakened due to the Russian and Ukraine War

Throughout the world, monitoring China's heartbeat, the international current affairs podcast of the United Zaobao deputy editor -in -chief Han Yonghong talked about the west theory, discussed international hot topics every week, and analyzed international current political dynamics.At 7 pm Singapore time on Tuesday.