Browsing Tag
New Development Bank
16 posts
BRICS Bank Focused on New Members, Local Currency
In a new interview, BRICS’ New Development Bank’s Vice President and CFO, Leslie Maasdorp, says it remains focused…
BRICS Bank Prioritizing Investments in Local Currencies
According to a statement from its Vice President, the BRICS’ New Development Bank is prioritizing investments in local…
BRICS Bank Says There’s No Immediate Plans to Launch a Currency
The BRICS New Development Bank says that there are no immediate plans to launch its own currency. Moreover,…
BRICS Bank That Was Built To Challenge U.S. Dollar Now Needs USD
The China Development Bank launched the ‘New Development Bank’ (NDB) with BRICS to challenge the U.S. dollar. The…
BRICS: Honduras to Join Its New Development Bank?
Following a recent visit to China by its president, Xiomara Castro, Honduras is seeking entry into the BRICS…
BRICS Nations Shifting Global Economics and Political Order
BRICS comprises Brazil, Russia, India, China, and South Africa which represent five major world economies in the Global…