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Aug 14, 2014

Do the Brics need their own development bank?

The Brics' dissatisfaction with the World Bank, the International Monetary Fund, and the role of the dollar in the global monetary system is understandable, writes Barry Eichengreen For the leaders of the Brics countries (Brazil, Russia, India, China... #Vladimir Putin #China #India #World Bank #International Monetary Fund #U.S. Congress #Dilma Rousseff #Federal Reserve

Aug 15, 2014

BRICS Bank: Can India contain Chinese moves?

New Delhi, India - A supplementary source of financing for developing countries, the newly established BRICS bank has been hailed as a possible long-term alternative to Western institutions such as the World Bank. But although India secured the bank'... #China #India #New Delhi #World Bank #Narendra Modi #Shanghai #Soviet Union #Kenya #Asian Development Bank #Kazakhstan #Uzbekistan #Palaniappan Chidambaram

Aug 05, 2014

India's forgotten solidarity with Palestine

In the face of troublingly muted international criticism of Israel's relentless recent assaults on the corralled civilian populace of Gaza, the United Nations Human Rights Commission (UNHRC) managed to pass a resolution to launch a probe into possibl... #Israel #United Nations #India #Palestine #Bharatiya Janata Party #United Nations Human Rights Council #Lok Sabha

Jul 28, 2014

Banking On Change

The BRICS countries recently established $100-billion development bank that some say could rival the World Bank. Ali Burak Güven believes it could shake up the world of development financing: [I]f its evolution even remotely parallels that of the Wor... #Israel #United Nations #India #Palestine #Bharatiya Janata Party #United Nations Human Rights Council #Lok Sabha

Aug 15, 2014

BRICS Bank: Can India contain Chinese moves?

New Delhi, India - A supplementary source of financing for developing countries, the newly established BRICS bank has been hailed as a possible long-term alternative to Western institutions such as the World Bank. But although India secured the bank'... #China #India #New Delhi #World Bank #Narendra Modi

Aug 04, 2014

'Bric brings more capital into UAE than Mena'

A leading investment firm operating in the Middle East says that there has been a significant increase in capital More..... #China #India #New Delhi #World Bank #Narendra Modi

Aug 04, 2014

UAE key hub for Bric capital

Finance is playing an important role in enhancing the UAE's global standin... #China #India #New Delhi #World Bank #Narendra Modi

Jul 24, 2014

Fin24.com | Zuma: Brics bank will boost SA

The establishment of the Brics bloc's New Development Bank is a forward step for South Africa and the continent, says President Jacob Zuma... #China #India #New Delhi #World Bank #Narendra Modi

Aug 13, 2014

Banking on the BRICS

For the leaders of the BRICS countries, the announcement in July of their agreement to establish a “New Development Bank” and a “Contingent Reserve Arrangement” was a public-relations coup. The NDB makes sense for the BRICS, and it has a future, but ... #China #India #New Delhi #World Bank #Narendra Modi