Search: Finance,BRICS,Brazil (2 materials)

R6 — the Case for a New Global Currency Basket

... fully. Tristan Kenderdine: US–Iran Conflict Would Strengthen China’s Position in the Middle East China, Russia, India, Brazil, and South Africa are the founding members of the New Development Bank . NDB’s 2017–2021 general strategy clearly ... ... among these six economies is long overdue. The Sr. Management of NDB can easily expand the remit of the bank by entering trade finance and project finance between these six countries alone. The bank could ask its shareholders to deploy and commit some of ...

11.09.2019

BRICS New Development Bank: From Private to Public

... development programmes in the BRICS countries and those of its partners. A number of bilateral agreements on financing development programmes have already been reached between BRICS countries, including agreements on currency swaps (between China and Brazil) and bilateral loans ( between China and South Africa ). Despite the fact that the BRICS countries are able to finance development programmes on a bilateral basis, a number of incentives encouraged them to set up the bank — firstly, the need to share risks, and secondly, the need to increase the legitimacy of their south—south cooperation [1] . The ...

27.07.2015

Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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