BRICS Negotiating To Establish New World Bank

15Jul2014July 15, 2014

BRICS Negotiating To Establish New World Bank

As leaders of emerging market nations known as "BRICS" reveal plans to launch a new world bank, the specter of an alternative monetary system is driving financial decisions from Argentina to Russia and China – and threatening the dominance of the US dollar.

BRICS to bring together plans to create a $100 billion bank
The leaders of Russia, India, Brazil, China and South Africa are in

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Author

Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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