inbluevt | Date: Tuesday, 2013/04/23, 7:24 PM | Message # 1 | DMCA |
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Late last month, leaders from Brazil, Russia, India, China and South Africa – the so-called BRICS – announced they were forming their own development bank to assist other emerging economies.
The yet-to-be-named bank is expected to compete with the World Bank and the International Monetary fund, two institutions with power structures based firmly in the United States and Europe.
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Message edited by inbluevt - Tuesday, 2013/04/23, 7:24 PM |
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