#ndb new development bank

[egnaroo]

2030 Changing World order with New Development Bank and BRICS, how will new world will be like

2030 Changing World order with New Development Bank and BRICS, how will new world will be like

New Development Bank was previously known as the BRICS Development bank. The bank was established as a multilateral cooperation bank by BRICS nations. The NDB’s main objective is to help private-public projects and operations by giving loans, guarantees, and equity to member nations. Further, they will coordinate with international organizations and provide finance and technical assistance for…

[haqiqaglobalbusiness]

Ethiopia Participating in BRICS Population Matters Meeting

This is a meeting of officials and experts from the BRICS countries (Brazil, Russia, India, China and South Africa) to discuss and cooperate on population-related issues of mutual concern. Ethiopia is participating in this meeting as an observer, along with other new members of BRICS.The meeting is taking place in Durban, South Africa, from September 12 to 15, 2023. The purpose of the meeting is…

[allthebrazilianpolitics]

'Bank of BRICS doesn't impose conditions on member countries,' says Rousseff about loans to Rio Grande do Sul

Former Brazilian president and head of the NDB signed a letter of commitment to allocate US$ 1,075 billion

Vice President Geraldo Alckmin and the president of the New Development Bank (NDB, also known as Bank of BRICS), Dilma Rousseff, signed a letter of commitment on Tuesday (4) to allocate a total of US$ 1,075 billion, planned for this year in Brazil, to the state of Rio Grande do Sul, devastated by floods.

The announcement was made by Dilma on May 14. Alckmin is in Beijing, China, leading a delegation made up of six other Brazilian ministers (in addition to being vice president, Alckmin is also Minister of Development, Industry, Trade and Services) to take part in Cosban, the Sino-Brazilian High-Level Concertation and Cooperation Commission.

In a press conference with Alckmin at the Brazilian Embassy in Beijing, Dilma was asked about how free the state of Rio Grande do Sul is to allocate resources. The NDB president said that flexibility to allocate resources in case of disasters is essential.

''I went through three disasters [as president]. You're going to face risks in Rio Grande do Sul: there's the problem of removing waste, and cleaning up. You only start rebuilding after that. You have the problem of rebuilding streets, roads… 150 roads and bridges have been affected,” said Rousseff.

Continue reading.

[mariacallous]

One of the more remarkable developments over the last 25 years is that an investment banker’s arbitrary acronym for a quartet of emerging market economies has become the rubric for rebellion.

The BRICS countries—or BRICS+, since the original grouping of Brazil, Russia, India, China, and later South Africa has since further expanded to include four more members—are meeting this week for their headline summit in glitzy Kazan, Russia, on the banks of the Volga. On the agenda this year, the first full summit after the formal incorporation of Iran, Egypt, Ethiopia, and the United Arab Emirates into the bloc, will be the usual talk of creating a truly multipolar world order to challenge U.S. and Western hegemony. A big part of that, especially for sanctions-battered members such as Iran and Russia, will be efforts to come up with viable alternatives to the global dominance of the U.S. dollar.

The overarching question this year, 23 years after Goldman Sachs banker Jim O’Neill (now Lord O’Neill) invented the term “BRICs” as a nifty shorthand for what seemed like the economies of the future, is whether the increasingly disparate club can manage to craft an actual alternative to the Western-led international order or whether it will become just a fight club for wannabes.

“For Russia, it’s an important moment to show the West that it is not isolated, and it will be really interesting to see how far other countries are willing to go along with what Russia clearly wants—to make BRICS more clearly anti-Western than it currently is,” said Oliver Stuenkel, an expert on BRICS at the Getulio Vargas Foundation, a university and think tank in Brazil. 

“Brazil and India clearly want to push back against that, so the Kazan summit will give us a really interesting sense of the true political dynamics in the global south between BRICS countries,” he said.

The expanded BRICS is indeed a diverse bunch. It includes a Marxist-Leninist superpower and a revanchist authoritarian state. It includes the world’s biggest democracy as well as Latin America’s largest. New members include countries under the U.S. security umbrella and countries under U.S. sanctions. Prospective members could even include NATO countries such as Turkey and global pariahs such as North Korea and Syria. 

The West, when it pays attention to BRICS at all, tends to dismiss the grouping as an incoherent grab bag. But there is a common thread, as durable as that behind the Bandung Conference in 1955 that kick-started the global south’s efforts to create a brave new world. 

Outside of Washington, and the G-7 and the European Union, it is hard to appreciate just how much resentment there is of Western hypocrisy and hegemony, all mortar helping to bond the loose membership of BRICS. That has become especially evident over issues such as the conflict in the Middle East, the hyperweaponization of U.S. sanctions, and the outsized cost for middle-income countries of the dollar’s exorbitant privilege.

“It is not a cohesive bloc, but it is a cohesive message, about the desire for an alternate global order, and it is coming from sizable economies,” said Asli Aydintasbas of the Brookings Institution.

It took eight years for the BRICS countries to turn their arbitrary acronym into a proper grouping and another six to start laying the foundations of an alternate global order. By 2015, the BRICS had a bank, called the New Development Bank (NDB), that was meant to offer an alternative to Western-dominated lenders such as the World Bank. It has sort of worked: The NDB expected to make loans worth about $8 billion to $10 billion last year, compared with the $73 billion doled out by the World Bank’s two financing vehicles. But while the “BRICS Bank” aims to increase non-dollar loans, it still collides with reality. The NDB had to suspend operations in Russia, a member state, because of U.S. sanctions on Moscow.

In the years since, though, member countries have also sewn invisible but hugely important ties through constant mid-level meetings to deepen relations on trade and investment, diplomacy, law, finance, and more. At heart is the idea that emerging economies can’t emerge unless they nudge the leviathan out of the sun.

The animating ideas behind BRICS—reformed global governance and greater political and financial sovereignty—are still today just broad enough to harbor the whole sprawling membership. (Though not always: Argentina was poised to join the club, until newly elected President Javier Milei, an advocate of deeper dollarization, nixed his country’s bid.)

All sorts of countries, especially those in BRICS that have bigger economic heft than geopolitical influence, want to see reforms to the way the world is run, meaning a revision to how the United Nations works, to quotas and leadership at multilateral financial institutions such as the World Bank and the International Monetary Fund (IMF), and to much more. 

They all share, to a greater or lesser degree, a visceral reaffirmation of sovereignty as the organizing principle of international relations; they are more Westphalian than Borussia Dortmund. Western, especially U.S., meddling in areas such as human rights, the rule of law, domestic politics, and diplomacy rankles as much for being unwelcome as for being often hypocritical. 

All share, more or less, an understandable desire to escape the tyranny of the dollar; even staunch U.S. allies outside of BRICS such as France and Germany have chafed at the manacles of the greenback. 

And all of them, to different degrees, foresee a world in which a West in decline is no longer the only power in town, making it imperative to prepare for, if not hasten, what comes after. That’s even true for prospective members such as Turkey, which has spent the last two decades balancing the West against the rest.

“BRICS is popular because countries are hedging their bets for a post-American order,” Aydintasbas said. “BRICS is an insurance policy for many of these countries.”

The problem—and it’s an especially acute one for members such as Brazil and India, which see BRICS as the manifestation of their preference for a nonaligned foreign policy—is that the bloc is very much aligning in one direction. With the hardened anti-American stances of Russia and China now joined by the likes of Iran, the bloc is becoming less a club bracing for a post-American world and more a group seeking to accelerate it. That’s perhaps the bloc’s biggest fissure and one that may prove hard to bridge.

For its first decade-plus, BRICS lived in a world without an overt cold war. “Now, in a context of geopolitical tensions, countries have to consider if being part of BRICS has a cost, if that causes real friction in their relationship with the West,” Stuenkel said. “Russia along with China is deliberately trying to integrate BRICS into a Sino-Russian world order, part of a Sino-centric global structure.”

BRICS has, since its inception, talked a lot more about creating a new global order than doing anything concrete to create one. One area in which the group, led by China, has been particularly active is money. Dethroning the dollar has been, and will remain, a central goal of BRICS; last year’s summit concluded with the explicit mission of drafting a blueprint to make that a reality. 

BRICS members have different beefs with the centrality of the dollar, which serves to unify them for now but which also highlights the fissures just waiting to widen. For some, such as China, Russia, and Iran, an alternative to the dollar means a way to sanction-proof their economies. Russia and Iran are already under siege, and China has spent the last several years buttressing its financial ramparts. The West’s freezing, and potential seizure, of Russia’s overseas central bank holdings in early 2022 remains a searing and cautionary tale for countries that fear they could be next, even if they don’t seek to invade a sovereign neighbor.

Because the dollar remains the most used currency for cross-border trade, and the main currency in central bank vaults, and because U.S. banks ultimately take part in almost every dollar transaction, the reach of U.S. sanctions is global and crushing. Russia and China haven’t spent the last few years building alternatives to Western payment systems out of altruism. They are building escape pods. 

The other BRICS members also bristle at the dollar’s dominance but not because they fear sanctions per se (though some, such as Ethiopia, do as well). What they worry about is that the dollar dominates their economic life and they have no say over it. Many are commodity exporters and have little choice but to trade in dollars, since commodity markets remain dollar-denominated. A shortage of dollars can paralyze trade and poleax public finances. All are exposed to the vagaries of U.S. Federal Reserve interest rate decisions that can make their money worth less, their inflation higher, their capital balances redlined, and their debt unsustainable. 

The reality is that the dollar remains dominant. It has increased its share in cross-border transactions in recent years and remains the major (if declining) currency of choice for central banks. The Chinese renminbi has inched slightly higher in its share of cross-border trade, but that is mostly because China is such a big trading country and most of the currency’s trade involves Chinese counterparties either buying or selling; what makes the dollar’s resilient share remarkable is that it remains the currency of choice for third countries entirely removed from the United States. While Russia and China have taken steps to increase the use of the renminbi in their own growing cross-border trade, and China has signed a few token oil trades to be paid in yuan, those are hardly harbingers of a global currency.

“It’s easy to have complaints about the status quo paradigm, but it is harder to envision what a realistically attainable alternative would look like,” said Robert Greene, an expert at the Carnegie Endowment for International Peace and a vice president at Patomak Global Partners, a financial consultancy. “There is a difference between increased use of the renminbi for payments and actual de-dollarization.”

And there’s a related collision between the expansion of BRICS and the expansion of its ambitions to replace the dollar. Middling countries are actually more reliant on the U.S. dollar than larger economies such as China’s. For a whole host of countries, it is almost impossible to even trade currencies, let alone settle payments, without using the dollar as a go-between. The bigger BRICS gets, the stickier the dollar becomes for its own members.

Finally, there is a philosophical problem with the group’s efforts to coin an alternative to the dollar, when the only serious alternative on offer is the renminbi. 

China has made great strides in technical areas such as increasing bilateral swap lines to make Chinese currency readily available to partner nations, and it has created a parallel payments system that could edge aside the Western-controlled SWIFT platform that oversees transactions between banks. China has even financed once prospective BRICS members such as Argentina with ample yuan to enable them to repay their dollar debts to organizations such as the IMF. All that goes some little way toward providing alternatives to the dollar, in some places and at some times.

But if the only way to dethrone the dollar, and thus neuter Washington, is to crown China the financial foreman of the world, that’s not creating a multipolar system. That’s just trading one master for another.

“Do we think that India is going to want a world where the renminbi is the dominant currency in Asia?” Greene asked.

[darkmaga-returns]

BRICS Summit in Kazan, Russia hit a number of important milestones, from setting criteria for new members to agreements to expand the work of the bloc’s New Development Bank, establish a BRICS Grain Exchange to ensure global food security, and more.

The Kazan Summit was able to build on fifteen painstaking years of work by BRICS members to build the organization up to its current stature after the very BRICS Summit in Yekaterinburg, Russia in 2009.

Since then, the BRICS have made an array of groundbreaking policy decisions, from exploring the use of local currencies for trade (a policy which has since become reality), incorporating new members, creating the NDB, ramping up and systematizing cooperation with developing nations, etc.

Read more about the timeline of BRICS’ buildup into the global force it is today in Sputnik’s infographic.

[toto7788-official-gacor-situs]

Putin Puji Potensi Ekonomi BRICS

Putin Puji Potensi Ekonomi BRICS

Dalam beberapa tahun terakhir, kelompok negara-negara BRICS—yang terdiri dari Brasil, Rusia, India, Tiongkok, dan Afrika Selatan—telah menjadi sorotan dunia, terutama terkait potensi ekonominya. Presiden Rusia, Vladimir Putin, baru-baru ini memuji potensi ekonomi BRICS, menyoroti peran penting kelompok ini dalam mempromosikan pertumbuhan dan pembangunan global yang berkelanjutan. Artikel ini akan membahas latar belakang BRICS, pandangan Putin tentang potensi ekonomi kelompok ini, dan dampaknya terhadap ekonomi global.

1. Latar Belakang BRICS

BRICS dibentuk pada awal tahun 2000-an sebagai forum kerjasama ekonomi dan politik di antara negara-negara dengan ekonomi yang sedang berkembang. Tujuan utama dari kelompok ini adalah untuk menciptakan platform untuk kerjasama yang lebih baik dalam berbagai bidang, termasuk perdagangan, investasi, dan pembangunan. Seiring berjalannya waktu, BRICS telah berkembang menjadi kekuatan ekonomi yang signifikan di dunia, mewakili sekitar 40% dari populasi dunia dan lebih dari 25% dari PDB global.

Negara-negara anggota BRICS memiliki potensi yang besar untuk tumbuh, terutama dalam konteks perubahan geopolitik yang terjadi di seluruh dunia. Dalam beberapa tahun terakhir, kelompok ini semakin aktif dalam memperkuat kerjasama di bidang ekonomi dan politik, termasuk dalam menghadapi tantangan global seperti perubahan iklim dan ketidakpastian ekonomi.

2. Pandangan Putin tentang Potensi Ekonomi BRICS

Dalam pidato-pidatonya, Putin secara konsisten menekankan pentingnya BRICS sebagai kekuatan ekonomi baru. Ia menyatakan bahwa kelompok ini memiliki potensi untuk menjadi alternatif bagi sistem ekonomi yang didominasi oleh negara-negara Barat, terutama dalam konteks globalisasi yang semakin tidak seimbang. Menurut Putin, BRICS mampu memberikan suara bagi negara-negara berkembang dan menjamin bahwa kepentingan mereka diperhitungkan dalam pembuatan kebijakan global.

Putin juga mencatat bahwa BRICS telah berhasil memperkuat kerjasama di berbagai sektor, termasuk energi, teknologi, dan perdagangan. Kerjasama ini tidak hanya meningkatkan daya saing ekonomi negara-negara anggota, tetapi juga membuka peluang baru bagi investasi dan pertumbuhan.

3. Inisiatif Ekonomi BRICS

Dalam upaya untuk memperkuat posisi ekonomi mereka, negara-negara BRICS telah meluncurkan sejumlah inisiatif. Salah satu inisiatif utama adalah pembentukan New Development Bank (NDB) yang berfokus pada pembiayaan proyek infrastruktur dan pembangunan berkelanjutan di negara-negara anggota dan negara berkembang lainnya. NDB diharapkan dapat memberikan alternatif bagi lembaga keuangan internasional yang dianggap tidak memenuhi kebutuhan negara-negara berkembang.

Selain itu, BRICS juga aktif dalam memperkuat kerjasama perdagangan antar anggota. Misalnya, terdapat upaya untuk meningkatkan volume perdagangan dengan mengurangi hambatan tarif dan non-tarif, serta memperkuat konektivitas transportasi dan logistik. Ini bertujuan untuk menciptakan lingkungan perdagangan yang lebih kondusif bagi negara-negara anggota.

4. Potensi Pertumbuhan Ekonomi BRICS

Potensi pertumbuhan ekonomi BRICS tidak bisa dipandang sebelah mata. Menurut berbagai laporan, ekonomi kolektif BRICS diperkirakan akan tumbuh lebih cepat dibandingkan dengan negara-negara maju dalam beberapa tahun ke depan. Tiongkok dan India, sebagai dua ekonomi terbesar dalam kelompok ini, diproyeksikan akan menjadi motor penggerak pertumbuhan.

Dengan populasi yang besar dan basis konsumen yang berkembang, negara-negara BRICS memiliki potensi untuk menarik investasi asing yang signifikan. Hal ini akan membantu meningkatkan infrastruktur, menciptakan lapangan kerja, dan mengurangi kemiskinan di dalam negeri. Selain itu, sumber daya alam yang melimpah di negara-negara anggota, seperti Brasil dan Rusia, memberikan keunggulan kompetitif dalam sektor energi dan pertanian.

5. Tantangan yang Dihadapi oleh BRICS

Meskipun memiliki potensi yang besar, BRICS juga dihadapkan pada sejumlah tantangan. Salah satu tantangan utama adalah ketidakpastian politik dan ekonomi di dalam negeri masing-masing anggota. Perbedaan kebijakan, konflik internal, dan masalah ekonomi dapat mempengaruhi stabilitas dan kerjasama dalam kelompok ini.

Selain itu, negara-negara anggota BRICS juga harus menghadapi tekanan dari negara-negara Barat yang berusaha untuk mempertahankan dominasi mereka dalam sistem ekonomi global. Dalam konteks ini, penting bagi BRICS untuk membangun solidaritas dan mencari cara untuk memperkuat posisi mereka di panggung internasional.

6. BRICS dan Isu Global

Salah satu alasan mengapa BRICS semakin diperhatikan adalah perannya dalam menghadapi isu-isu global yang mendesak, seperti perubahan iklim, ketidaksetaraan, dan keamanan pangan. Negara-negara anggota BRICS memiliki komitmen untuk bekerja sama dalam mencapai tujuan pembangunan berkelanjutan dan mengurangi dampak negatif dari perubahan iklim.

Misalnya, BRICS telah menyusun rencana untuk meningkatkan penggunaan energi terbarukan dan mengurangi ketergantungan pada bahan bakar fosil. Inisiatif ini tidak hanya bertujuan untuk melindungi lingkungan tetapi juga untuk menciptakan peluang ekonomi baru di sektor energi bersih.

7. Masa Depan BRICS di Pentas Internasional

Ke depan, masa depan BRICS terlihat menjanjikan. Dengan pertumbuhan ekonomi yang kuat dan potensi kolaborasi yang besar, kelompok ini memiliki peluang untuk memainkan peran kunci dalam membentuk tatanan global yang lebih adil dan berkelanjutan.

Sebagai bagian dari upaya ini, BRICS perlu terus memperkuat kerjasama di berbagai bidang, termasuk ekonomi, politik, dan keamanan. Peningkatan integrasi antara anggota, serta pengembangan kebijakan yang saling menguntungkan, akan menjadi kunci untuk mencapai tujuan ini.

8. Kesimpulan

Puji pujian Putin terhadap potensi ekonomi BRICS mencerminkan keyakinan akan masa depan kelompok ini sebagai kekuatan penting di panggung global. Dengan kerjasama yang lebih erat dan pendekatan yang inovatif, BRICS dapat menjadi alternatif yang kuat bagi negara-negara berkembang dalam menghadapi tantangan global.

Keberhasilan BRICS dalam memanfaatkan potensi ekonominya tidak hanya akan menguntungkan anggotanya tetapi juga dapat memberikan dampak positif bagi perekonomian global secara keseluruhan. Dengan upaya yang tepat dan komitmen untuk bekerja sama, BRICS memiliki potensi untuk menciptakan perubahan signifikan dalam tatanan ekonomi dunia.

[news365timesindia]

[ad_1] Russian President Vladimir Putin announced plans for a new investment platform aimed at enhancing collaboration among BRICS nations during the plenary session of the Summit. During his address, he emphasized the necessity for joint efforts to foster a low-emission economy, stating, “We propose to set up a new investment platform of BRICS.” Putin outlined that the proposed global investment platform would provide financial resources to all countries in the Global South, furthering the economic cooperation among member states. Currently, BRICS operates two financial mechanisms: the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA). The New Development Bank, headquartered in Shanghai, focuses on mobilizing resources for infrastructure and sustainable development projects across BRICS and other emerging economies. Its mission is to supplement existing efforts of multilateral and regional financial institutions, facilitating global growth and development. Meanwhile, the CRA provides liquidity support through currency swaps, offering a safety net for BRICS countries in times of economic crisis. This mechanism is designed to strengthen financial stability and help mitigate potential balance of payment issues. President Putin also highlighted the collaborative efforts of BRICS members to address climate change. He referenced agreements already in place, such as the BRICS Environmentally Sound Technology (BEST) Platform, which facilitates the exchange of information and best practices regarding environmentally sustainable technologies. President Putin also noted that over 30 countries have expressed a desire to join the bloc. The BRICS grouping, which began as an informal alliance among Brazil, Russia, India, and China, formally evolved into its current structure after a meeting of the leaders of these nations in St. Petersburg in 2006. The first BRICS Summit was subsequently held in Yekaterinburg, Russia, in 2009. Click here for Latest Fact Checked News On NewsMobile WhatsApp Channel For viral videos and Latest trends subscribe to NewsMobile YouTube Channel and Follow us on Instagram   [ad_2] Source link

[news365times]

[ad_1] Russian President Vladimir Putin announced plans for a new investment platform aimed at enhancing collaboration among BRICS nations during the plenary session of the Summit. During his address, he emphasized the necessity for joint efforts to foster a low-emission economy, stating, “We propose to set up a new investment platform of BRICS.” Putin outlined that the proposed global investment platform would provide financial resources to all countries in the Global South, furthering the economic cooperation among member states. Currently, BRICS operates two financial mechanisms: the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA). The New Development Bank, headquartered in Shanghai, focuses on mobilizing resources for infrastructure and sustainable development projects across BRICS and other emerging economies. Its mission is to supplement existing efforts of multilateral and regional financial institutions, facilitating global growth and development. Meanwhile, the CRA provides liquidity support through currency swaps, offering a safety net for BRICS countries in times of economic crisis. This mechanism is designed to strengthen financial stability and help mitigate potential balance of payment issues. President Putin also highlighted the collaborative efforts of BRICS members to address climate change. He referenced agreements already in place, such as the BRICS Environmentally Sound Technology (BEST) Platform, which facilitates the exchange of information and best practices regarding environmentally sustainable technologies. President Putin also noted that over 30 countries have expressed a desire to join the bloc. The BRICS grouping, which began as an informal alliance among Brazil, Russia, India, and China, formally evolved into its current structure after a meeting of the leaders of these nations in St. Petersburg in 2006. The first BRICS Summit was subsequently held in Yekaterinburg, Russia, in 2009. Click here for Latest Fact Checked News On NewsMobile WhatsApp Channel For viral videos and Latest trends subscribe to NewsMobile YouTube Channel and Follow us on Instagram   [ad_2] Source link

[chriswick47]

In a significant development that marks Algeria’s deeper integration into the global financial system, the North African nation has officially joined the BRICS New Development Bank (NDB). This pivotal move, announced by the NDB’s president Dilma Rousseff and Algeria’s Finance Ministry, opens new avenues for the country’s economic growth and reflects its expanding role on […]

[sa7abnews]

Algeria joins the BRICS New Development Bank

New Post has been published on Sa7ab News

Algeria joins the BRICS New Development Bank

Algeria has been granted membership in the BRICS New Development Bank (NDB), according to the country’s finance ministry.

... read more !

[jbnoticias]

Compesa: Banco do Brics libera R$ 1,1 bi para Programa Expansão do Saneamento de Pernambuco

A Compesa contratou um empréstimo no valor de R$ 1,1 bilhão junto ao New Development Bank (NDB), o banco do BRICS.  Este é o primeiro empréstimo dessa natureza na história da Compesa.  A oficialização do contrato será realizada nesta segunda-feira (29) pela governadora Raquel Lyra. A cerimônia ocorrerá a  partir das 18h, no Palácio do Campo das Princesas, no bairro de Santo Antônio, na área…

[allthebrazilianpolitics]

In China, BRICS Bank president Dilma Rousseff says Brazil may enjoy opportunities with the Belt and Road

Brazilian former president talked about dollar US hegemony, BRICS Bank and growing far right

On September 29, the president of the New Development Bank (NDB), Dilma Rousseff, received the highest honor awarded by the People's Republic of China: the Friendship Medal. Rousseff, who will lead the bank until July 2025, talked to journalists from Brazilian media outlets at the State Guest House, Diaoyutai, in western Beijing.

At the press conference, she discussed Brazil's possible entry into the new Belt and Road Initiative, the future of the bank she chairs, the possibilities of increasing the use of local currencies instead of the US dollar, industrial policies in Brazil, and the growth and presence of the far right in the world.

Regarding the Belt and Road, Rousseff highlighted the initiative’s characteristics and advantages of the initiative, such as the possibility of setting up industrial and technological parks and the fact that the initiative does not require exclusivity. Rousseff concluded by saying “I think Brazil has to take advantage of all the opportunities that come its way.”

“The Bank has a great characteristic: it is made by and for the countries of the Global South,” said Rousseff about the NDB, also known as the BRICS Bank. The bank's priorities are to finance the private sector with local currencies increasingly and to boost sustainable projects.

The president of the NDB mentioned a project the bank has started working on to produce organic fertilizers from organic waste. This project is one of the partnership initiatives between the Chinese University of Agriculture and the University of Brasilia.

Continue reading.

[lesfrancophiles]

BRICS+

Pourquoi s'y intéresser?

Ce sont des changements qui se passent aujourd'hui, avec des conséquences potentielles pour nous et nos enfants.

Utilisons plusieurs sources différentes pour rechercher la matière à fond. Les BRICS+ sont un groupe de neuf pays qui se réunissent en sommets annuels : Brésil, Russie, Inde, Chine, Afrique du Sud, Égypte, Émirats arabes unis, Éthiopie et Iran. ...(Wikipedia)

BRICS: Ils "veulent renverser" l'occident ... (vidéo)

BRICS+: visions et défis (opportunities and challenges)

"regelbasierte Weltordnung" (ordre global fondé sur des règles); ... voici un article critique

Unipolarité - multipolarité

Pays du Sud

Le Groupe des sept - G7

Les G20

Aide au développement (Wikip.)

...

Les motifs de l'aide au développement, notamment dans le cas de l'APD, sont souvent politiques. Ils peuvent être philosophiques, humanistes ou religieux. La forme que prend l'aide au développement révèle aussi la vision du développement que se fait celui qui aide.

...

Aux États-Unis, l'USAID est l'agence chargée de l'aide au développement. Cette agence est controversée en raison de sa participation à des actions de déstabilisation contre des gouvernements en mésentente avec le gouvernement américain.

...

Plan Marshall et al, en français Wiki

L'Hégémonie occidentale

Droit international / Droit de l'homme

DDFC

OTAN

ONU

UE

FMI

BM

NBD Nouvelle Banque de Développement 

New Development Bank BRICS, BRICS NDB

La Banque est configurée pour favoriser une plus grande coopération financière et de développement entre les pays émergents. Elle a son siège à Shanghai en Chine.

BCE

Conseil européen

Parlement européen

OMC (WHO, WTO) Organisation mondiale de commerce

OMS (-, WHO) Organisation mondiale de la santé

la Russie

CEI La Communauté des États indépendants

la Chine

l'Inde f

le Brésil

l'Afrique du Sud f

l'Éthiopie f

l'Arabie Saoudite f

les Émirats arabes unis m

... Südwind setzt sich für die Verringerung der Kluft zwischen Nord und Süd ein ...

Nouvelle-Calédonie

Archipel des Chagos, étude de "médiation culturelle"

L'instabilité dans le monde

L'économétrie

[ocombatenterondonia]

BNDES: infraestrutura sustentável e mudança climática terão R$ 8,5 bi

O Banco Nacional de Desenvolvimento Econômico e Social (BNDES) terá US$ 1,7 bilhão, o equivalente a cerca de R$ 8,5 bilhões, para investir em projetos de infraestrutura sustentável e de mitigação e adaptação às mudanças do clima. Os recursos são de empréstimos feitos junto ao New Development Bank (NDB), conhecido como Banco do Brics, cujos contratos de captação foram assinados nesta quarta-feira…

[news365timesindia]

[ad_1] Russian President Vladimir Putin announced plans for a new investment platform aimed at enhancing collaboration among BRICS nations during the plenary session of the Summit. During his address, he emphasized the necessity for joint efforts to foster a low-emission economy, stating, “We propose to set up a new investment platform of BRICS.” Putin outlined that the proposed global investment platform would provide financial resources to all countries in the Global South, furthering the economic cooperation among member states. Currently, BRICS operates two financial mechanisms: the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA). The New Development Bank, headquartered in Shanghai, focuses on mobilizing resources for infrastructure and sustainable development projects across BRICS and other emerging economies. Its mission is to supplement existing efforts of multilateral and regional financial institutions, facilitating global growth and development. Meanwhile, the CRA provides liquidity support through currency swaps, offering a safety net for BRICS countries in times of economic crisis. This mechanism is designed to strengthen financial stability and help mitigate potential balance of payment issues. President Putin also highlighted the collaborative efforts of BRICS members to address climate change. He referenced agreements already in place, such as the BRICS Environmentally Sound Technology (BEST) Platform, which facilitates the exchange of information and best practices regarding environmentally sustainable technologies. President Putin also noted that over 30 countries have expressed a desire to join the bloc. The BRICS grouping, which began as an informal alliance among Brazil, Russia, India, and China, formally evolved into its current structure after a meeting of the leaders of these nations in St. Petersburg in 2006. The first BRICS Summit was subsequently held in Yekaterinburg, Russia, in 2009. Click here for Latest Fact Checked News On NewsMobile WhatsApp Channel For viral videos and Latest trends subscribe to NewsMobile YouTube Channel and Follow us on Instagram   [ad_2] Source link

[news365times]

[ad_1] Russian President Vladimir Putin announced plans for a new investment platform aimed at enhancing collaboration among BRICS nations during the plenary session of the Summit. During his address, he emphasized the necessity for joint efforts to foster a low-emission economy, stating, “We propose to set up a new investment platform of BRICS.” Putin outlined that the proposed global investment platform would provide financial resources to all countries in the Global South, furthering the economic cooperation among member states. Currently, BRICS operates two financial mechanisms: the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA). The New Development Bank, headquartered in Shanghai, focuses on mobilizing resources for infrastructure and sustainable development projects across BRICS and other emerging economies. Its mission is to supplement existing efforts of multilateral and regional financial institutions, facilitating global growth and development. Meanwhile, the CRA provides liquidity support through currency swaps, offering a safety net for BRICS countries in times of economic crisis. This mechanism is designed to strengthen financial stability and help mitigate potential balance of payment issues. President Putin also highlighted the collaborative efforts of BRICS members to address climate change. He referenced agreements already in place, such as the BRICS Environmentally Sound Technology (BEST) Platform, which facilitates the exchange of information and best practices regarding environmentally sustainable technologies. President Putin also noted that over 30 countries have expressed a desire to join the bloc. The BRICS grouping, which began as an informal alliance among Brazil, Russia, India, and China, formally evolved into its current structure after a meeting of the leaders of these nations in St. Petersburg in 2006. The first BRICS Summit was subsequently held in Yekaterinburg, Russia, in 2009. Click here for Latest Fact Checked News On NewsMobile WhatsApp Channel For viral videos and Latest trends subscribe to NewsMobile YouTube Channel and Follow us on Instagram   [ad_2] Source link