Lula and Putin call for end to US dollar dominance.

Brazilian President Lula da Silva criticised the US dollar's outsize role in the world economy and the IMF's harsh spending cuts on cash-strapped countries during his official visit to China. Lula's government recently announced a deal with Beijing to trade in their own currencies, dropping the dollar as an intermediary. Lula is seeking to reposition Brazil as a global go-between and deal broker, seeking friendly ties across the board after four years of relative isolation under his far-right predecessor, Jair Bolsonaro.