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 highlights the ... ... 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 ...