BRICS to form rival bank to fund development

03/26/2013 | Bloomberg · AlertNet · Wall Street Journal, The

Brazil, Russia, India, China and South Africa, collectively known as the BRICS nations, are close to launching a rival to the International Monetary Fund and World Bank. Meanwhile, a United Nations report shows that intra-BRICS trade is still minimal.

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Bloomberg · AlertNet · Wall Street Journal, The

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