Browsing Tag
New Development Bank
23 posts
BRICS New Development Bank Touts Chinese Yuan For Global South Funding
The BRICS New Development Bank (NDB) is touting the Chinese yuan for funding across the Global South. China’s…
US Dominance Will End Through Non-Conditional Financing by BRICS Bank
The New Development Bank (NDB) is financing several projects helping developing countries build their infrastructure without depending on…
BRICS Bank To Fund Climate Projects in Local Currencies
Dilma Rousseff, the President of the New Development Bank (NDB), announced that BRICS will fund climate finance in…
BRICS Bank Approved 120 Projects Worth $40B Mostly in Local Currencies
The New Development Bank (NDB), commonly called the BRICS bank, has approved loans for 120 projects worth nearly…
BRICS Bank Increases Loans in Local Currencies, Covers 25% of Lending
The New Development Bank (NDB), commonly called the BRICS bank has expanded lending in local currencies. The bank…
BRICS Bank NDB Gives Loans in Local Currencies Worth $2.1 Billion
The New Development Bank (NDB), commonly called the BRICS bank has disbursed loans in local currencies worth $2.1…
BRICS Bank Plans To Disburse Loans in National Currencies
The New Development Bank (NDB) plans to disburse loans in national currencies to end dependency on the US…
Russia’s New Economic Bank Fuels Global De-Dollarization Surge
De-dollarization efforts are accelerating right now as Russia leverages the BRICS New Development Bank to challenge United States…
De-Dollarization: New Country Joins New Development Bank (NDB) to Drop US Dollar
De-dollarization efforts are accelerating right now as Algeria officially joins the BRICS New Development Bank, and this marks…
BRICS Bank Officially Authorizes a New Country To Join the Ranks
The New Development Bank (NDB), commonly called the BRICS bank, has officially authorized a new country to join…