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Even a Russian-cofounded bank can't fund new projects in the country — and it shows just how...
INSIDER via Yahoo News· 11 months agoNew Development Bank chef Dilma Rousseff and Russian President Vladimir Putin.Yasuyoshi...
For Sheinbaum, Rise and Fall of Rousseff Is a Cautionary Tale
Bloomberg via Yahoo News· 3 weeks ago(Bloomberg) -- Picture this: A highly popular president who can’t run for reelection seeks to cement...
China-based BRICS bank aims to de-dollarize debt by expanding local currency lending
Business Insider via Yahoo Finance· 10 months agoA worker arranges a signboard of the 15th BRICS summit outside the Sandton Convention Center in...
Brazil's Lula wants former President Rousseff to run New Development Bank
Reuters via Yahoo News· 1 year agoBrazilian President Luiz Inacio Lula da Silva confirmed he will appoint former President Dilma...
BRICS bank NDB says not considering new projects in Russia
Reuters via Yahoo Finance· 11 months agoThe New Development Bank (NDB), the multilateral bank set up by the BRICS states, is not considering...
Lula Vows to Avoid Rousseff’s Errors, Deliver Stable Brazil
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Brazil’s presidential front-runner Luiz Inacio Lula da Silva pledged to lead a stable...
BRICS bank can help African countries tackle urgent challenges
Reuters via Yahoo Finance· 10 months agoThe BRICS countries are "good partners" for Africa, former Brazilian President Rousseff said in a...
Brazil’s da Silva forms mixed economics team for transition
Associated Press via Yahoo News· 2 years agoPresident-elect Luiz Inácio Lula da Silva’s transition added a team of economists Tuesday that...
Shanghai-based New Development Bank seeks to finance more infrastructure projects in local currency...
South China Morning Post via Yahoo Finance· 1 year agoThe New Development Bank (NDB), which funds infrastructure developments in emerging economies, is looking to finance more projects in local currency as a way of avoiding fluctuations in exchange ...
Investor-Darling Brazil Gets Reality Check on Lula Jitters
Bloomberg via Yahoo News· 2 years ago(Bloomberg) -- Brazil assets had topped peers this year as investors convinced themselves that Luiz...