June 17—Riyadh, Saudi Arabia was the venue for the 10th Arab-China Business Conference last Tuesday, June 13, where the new president of the BRICS New Development Bank (NDB), Dilma Rousseff, asserted that there is a process underway in the so-called Global South “towards reshaping the global economy and reducing dependency on a single currency.” She noted that this initiative “requires cooperation among countries, financial institutions and collaborative policies and organizations such as the Belt and Road Initiative, the New Development Bank and the Islamic Development Bank, to give a few examples.”