Contrary to rumour, the Brazil-Russia-India-China-South Africa alliance confirmed it would avoid challenging the unfair, chaotic world financial system at the Fortaleza summit on July 15. The BRICS are actually meeting Western demands, as China ... ZNet, 6 hours ago
Development bank, security highlights of Modi's BRICS participation: Sushma - Business Standard, 5 days ago
Modi wants SAARC Bank - Sri Lanka Island, 4 days ago
Though Finance Minister Arun Jaitley 's maiden Budget has whetted the world's appetite, he has squandered a momentous opportunity to convert the Indian state from an economic actor to a regulator. That would have made "full-spectrum engagement" with ...India Today, 9 hours ago Financial Inclusion Unlike other finance ministers Arun Jaitley may shift focus from hometown Big News Network, 1 week ago Speaker praises Arun Jaitley Asian Age, 1 week ago Finance Minister Arun Jaitley May Not Accompany PM Modi to BRICS Summit in Brazil NDTV, 2 weeks ago
18/19 Russia's Finance Minister Anton Siluanov, left, India's Minister of State for Finance and Corporate Affairs Nirmala Sitharaman, second left, Brazil's Finance Minister Guido Mantega, center, China's Finance Minister Lou Jiwei, second right, ...Deccan Chronicle, 1 week ago Russian finance minister says Mechel's bankruptcy possible Itar Tass, 1 week ago
Johannesburg is still in the running to host the BRICS bank, Trade and Industry Minister Rob Davies said.
South Africa's financial capital Johannesburg is still in the running to be headquarters of a new development bank planned by the BRICS group of major emerging nations, a minister said on Friday. Trade and Industry Minister Rob Davies told a media ...IAfrica.com, 2 weeks ago Jo'burg still in running for BRICS bank headquarters: minister Business Standard, 2 weeks ago South Africa Wants BRICS Bank for Johannesburg: Minister NDTV, 2 weeks ago Johannesburg still in running for BRICS bank headquarters: Minister Topnews.in, 2 weeks ago
The country's debt-to-GDP ratio is one of lowest among its BRICS peers and it has been on a steady decline, going down from 84 per cent of GDP in 2005 to 69 per cent in 2012. Going forward, this will not be easy due to increasingly sticky expenditure owing to ...Economic Times, 2 months ago
Pretoria - Hosting the Brics bank would not be determined by the financial contribution of individual members, International Relations Minister Maite Nkoana-Mashabane said on Tuesday. "What determines who becomes the domicile or the CEO does not ...News24, 2 weeks ago
Minister Nhlanhla Nene: Transforming the South African economy to increase competitiveness and innovation
Transforming the South African economy to increase competitiveness and innovation: Minister of Finance Nhlanhla Nene in Pietermaritzburg 18 Jul 2014 The MECs for Finance and Social Development, Mrs Belinda Scott and Mrs Weziwe Thusi, ...South African Government, 1 week ago South Africa Finance Minister Emphasizes Strategic Significance of BRICS Development Bank Lyndon LaRouche Public Action Committee, 1 week ago Minister Nhlanhla Nene briefs media on outcomes of BRICS Summit, 17 Jul South African Government, 1 week ago
THERE is no danger that a new Brics bank to fund Africa's development will lead to an overcrowded field, Finance Minister Nhlanhla Nene said on Thursday. "The latest report said our infrastructure gap in Africa is close to $100bn per annum and I ...BDlive, 1 week ago
BRICS must mitigate the systemic risks posed by imbalances in the global economic system, perpetuated by Western central banks, said Modi(Source: Reuters photo) As Prime Minister Narendra Modi prepares for his maiden Independence Day address, ...Indian Express, 3 hours ago
Modi knew in his heart that India does not have the financial muscle to support the new bank with offers of co-financing international projects, something China can do from the bank’s base in Shanghai. If established in Mumbai, it may have employed a few Indian bankers and satisfied the national ego but there was little financial value to be drawn from it. The emerging world has created a new development bank with some help from Prime Minister Narendra Modi, and there is justifiable ...Rediff.com, 1 week ago World Bank loan pledge Calcutta Telegraph, 4 days ago World Bank offers billions in aid to India Business Recorder, 4 days ago World Bank set to review voice reforms as India seeks greater say Livemint.com, 4 days ago
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