Tag Archives: BRICS

Emerging China, Brazil and India agree to increased United Nations dues

China, Brazil, India and other emerging powers agreed to major increases in their United Nations payments as the global body hammered out a new budget deal this week to avoid…

Indian Banks are about to merge into Too-Big-To-Fail institutions

  It looks like India is going the same way as Wall Street and the American Banking system by creating gigantic banking conglomerates who will have enormous power of centralized…

BRICS: The World’s New Banker?

The BRICS (Brazil, Russia, India, China and South Africa) bloc has begun planning its own development bank and a new bailout fund which would be created by pooling together an estimated…