New BRICS BANK is CHALLENGE to “LOAN SHARK” WORLD BANK, IMF

BRICS DEVELOPMENT BANK established on July 16th, 2014 with its first members:
Brazil, Russia, India, China and South Africa, is a new world bank which presents a viable alternative to poor countries who wish to apply for loans with a much lower interest rates than the post-WWII
WORLD BANK / IMF of the EUROPEAN/USA/JAPAN members.

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