Posts tagged as: BRICS

Emerging economies approve new bank and a reserve fund

BRICS new development bank

The bank of the BRICS, ie the group of countries comprising Brazil, Russia, India, China and South Africa, is emerging. It will be based in Shanghai. Its first president will be Indian, his first director general, Brazilian and its first governor, Russian. It was born to confront, from a financial point of view, ” deficits […]

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