New BRICS bank ′open for business′ | Business News - The Latest financial, market & economic news | DW | 08.04.2016
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New BRICS bank 'open for business'

With the establishment of their own bank, BRICS countries (Brazil, Russia, India, China and South Africa) wanted to make a statement: No longer would they be dependent on the World Bank and the IMF. The New Development Bank has opened for business.

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