In These New Times

A new paradigm for a post-imperial world

New BRICS bank to be based in China

Posted by seumasach on July 16, 2014

… India to have presidency

Times of India

16th July, 2014

FORTALEZA, Brazil: Leaders of the BRICS group of emerging powers on Tuesday created a Shanghai-based development bank and a reserve fund seen as counterweights to Western-led financial institutions.

 

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