brics

Finance

Done Deal: BRICS Establish $100bn Bank to Cut Out Western Dominance

Russia’s President Vladimir Putin, India’s Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, China’s President Xi Jinping and South Africa’s President Jacob Zuma join their hands during the official photograph of the 6th BRICS summit in Fortaleza, Brazil, on July 15, 2014. (RT) The group of emerging economies signed the long-anticipated document to create the $100 bn BRICS Development Bank…