BRICS Development Bank – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Fri, 13 Mar 2015 15:28:22 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 United Kingdom to join China in the anti-dollar alliance https://www.eutimes.net/2015/03/united-kingdom-to-join-china-in-the-anti-dollar-alliance/ https://www.eutimes.net/2015/03/united-kingdom-to-join-china-in-the-anti-dollar-alliance/#comments Fri, 13 Mar 2015 15:28:22 +0000 http://www.eutimes.net/?p=36412 In another awkward blow to the rapidly waning US-dollar hegemony, America and Britain just had their “It’s not you, it’s me” moment. Late yesterday, the government of the United Kingdom announced that they would be applying to join the Chinese-led Asian Infrastructure Investment Bank… as a founding member. This is huge. Right now, the United […]

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​Russia ratifies $100bn BRICS New Development Bank https://www.eutimes.net/2015/02/%e2%80%8brussia-ratifies-100bn-brics-new-development-bank/ https://www.eutimes.net/2015/02/%e2%80%8brussia-ratifies-100bn-brics-new-development-bank/#respond Fri, 20 Feb 2015 21:57:20 +0000 http://www.eutimes.net/?p=36085 The Russian State Duma has ratified the $100 billion BRICS bank that’ll serve as a pool of money for infrastructure projects in Russia, Brazil, India, China and South Africa, and challenge the dominance of the Western-led World Bank and the IMF. The New Development Bank is expected to start fully functioning by the end of […]

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BRICS establish Development Bank to rival IMF and World Bank https://www.eutimes.net/2014/07/brics-establish-development-bank-to-rival-imf-and-world-bank/ https://www.eutimes.net/2014/07/brics-establish-development-bank-to-rival-imf-and-world-bank/#comments Tue, 15 Jul 2014 21:03:29 +0000 http://www.eutimes.net/?p=33186 The group of emerging economies signed the long-anticipated document to create the $100 bn BRICS Development Bank and a reserve currency pool worth over another $100 bn. Both will counter the influence of Western-based lending institutions and the dollar. The new bank will provide money for infrastructure and development projects in BRICS countries, and unlike […]

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