Brics Plan Development Bank To Fund Infrastructure

World News From SFGate, San Francisco Chronicle: World
Wed, 03/27/2013 - 3:26am

BRICS plan development bank to fund infrastructure DURBAN, South Africa (AP) — Leaders of the five BRICS nations fueling global economic growth plan the creation of a development bank in a direct challenge to the World Bank that they accuse of Western bias.

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Topics: africa banks brazil bric central bank china economy global economy india russia south africa world bank

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