Wednesday, November 13, 2019
BRICS Nations to Study Adding Countries to Development Bank
Leaders of the BRICS group of leading emerging economy nations meeting this week will discuss opening their development bank to other countries to increase its capital to fund infrastructure and other projects, diplomats and the bank’s head said
India is looking to install Russian-developed equipment for life support and heating systems aboard the Gaganyaan, the spacecraft that will be used for the nation’s first manned space mission, Roscosmos has announced
Recently appointed as Russia’s Head of the Federal Agency for Tourism, Zarina Doguzova is a dab hand at handling top international events. Instrumental in making the Winter Olympics and last year the FIFA Cup, grand successes, Doguzova is now keen to strengthen Russia’s tourism ties with India and the world, a sector she identifies as a far greater force than generally viewed for its socio-economic contribution.
BRICS countries will soon account for more than half of the global economy The combined economies of the BRICS member states – Brazil, Russia, India, China and South Africa – are set to expand by about 20 percent in roughly a decade, Russian Finance Minister Anton Siluanov has announced
An alternative to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) global payment system, which is being drawn up by China, Russia and India, has a fair chance to end the dominance of the US dollar in the global financial sector, Chinese analysts said