In July, after several months of discussion, the BRICS countries (Brazil, Russia, India, China, and South Africa) have finally established the New Development Bank. With an initial capital of $50 billion and a $100 billion reserve fund, the new insti...
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In July, after several months of discussion, the BRICS countries (Brazil, Russia, India, China, and South Africa) have finally established the New Development Bank. With an initial capital of $50 billion and a $100 billion reserve fund, the new insti...
Last week, I wrote of the various problems that plague several of the BRIC nations, which include troubling and skewed demographics in India and Russia and a reliance on export commodities in the latter nation and in Brazil (though my friend and fell...
Last week, I wrote of the various problems that plague several of the BRIC nations, which include troubling and skewed demographics in India and Russia and a reliance on export commodities in the latter nation and in Brazil (though my friend and fell...
“Families are always rising and falling in America,” Nathaniel Hawthorne observed, and the same is true of nations. Their economies emerge and retract, develop and decline, and while, as investor Jimmy Rogers writes, “the 19th century bel...
“Families are always rising and falling in America,” Nathaniel Hawthorne observed, and the same is true of nations. Their economies emerge and retract, develop and decline, and while, as investor Jimmy Rogers writes, “the 19th century bel...