Tag: influential
BRICS give credit to local currencies
Brazil, Russia, India, China and South Africa - the BRICS grouping of influential developing countries - have signed an agreement to use their own currencies instead of the predominant US dollar in issuing credit or grants to each other.
Mbeki makes TIME 100
TIME Magazine has named South African President Thabo Mbeki as one of the world's 100 most influential people, describing him as "the most powerful man in Africa ... and the one African influential enough to strong-arm rival factions into ceasefires and sometimes even peace deals".