“New Development Bank HQ Shanghai” by Donnie28 is licensed under CC BY-SA 4.0. Patrick Bond, political economist, Professor of Sociology at the University of Johannesburg, and Director of the Centre ...

Former Brazilian President Dilma Rousseff was “unanimously” elected as the head of the New Development Bank (NDB), a multilateral financial institution set up by the BRICS (Brazil, Russia ...

Brazilian President Luiz Inacio Lula da Silva said on Wednesday that it is time for the BRICS nations to create new payment methods between them, adding that the group's New Development Bank was ...

TASS/. The New Development Bank (NDB) that has been established by BRICS member states is prioritizing the use of local currencies to ensure the stable development of the global economy ...

The New BRICS Development Bank (NDB) is set to launch payments in local currencies to invest in the private sector of the economies of the grouping's member states, according to a statement by the ...

"The New Development Bank created by BRICS can correspond to development goals of many BRICS countries, since the World Bank is acting now in interests of the United States and Western countries only.

MOSCOW: Leaders of the BRICS nations will launch their long awaited development bank at a summit next week and decide whether the headquarters should be in Shanghai or New Delhi, Russian Finance ...

With the support of a 300 million US dollar sovereign loan by the BRICS New Development Bank, the central Chinese city launched its first metro line in 2021. The line has 19 stations, spanning a ...

Jim O'Neill, the British economist who coined the term "BRIC" (Brazil, Russia, India and China), has said that the BRICS New Development Bank has been performing well and hoped the grouping will ...

As Xi once put it: "BRICS is not a talking shop, but a task force that gets things done." A case in point is the New Development Bank (NDB). Headquartered in Shanghai, the NDB was jointly ...