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"BRICS" tag
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9th BRICS Summit: Managing multipolarity of multipolarity

The five BRICS (Brazil, Russia, India, China and South Africa) represent no less than 4 billion people or 42% of the world’s population, and even more regarding their contribution to the global economy since their...

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BRICS leaders meet in China to forge new path

An annual BRICS summit in China has kicked off with the emerging market bloc in need of direction. The five members are divided as they face political and economic troubles. Chinese President Xi Jinping on...

new-development-bank-marketexpress-in

New Development Bank: A challenge or complement to financial system

Challenging the World Bank and the IMF as a response to their failed reforms or complementing the existing market players with efficiency and not a competition, the New Development Bank focuses beyond those things and...

brics-china-india-brazil-south-africa-russia-marketexpress-in

The BRICS and the search for a global alternative

One may want to ignore the recent 8th BRICS summit in Goa (India) and retain only the announcement of the launch of an independent rating agency. We can also consider that the battle of Mosul...

BRICS agree rescue fund to stem currencies slide

The BRICS group of five emerging countries has reached agreement on a fund aiming to stabilize their currencies. The fund, worth $100 billion, seeks to stem an outflow of capital once the US changes monetary...