Posted inOpinion

BRICS expansion and a message to the West

Saudi Arabia is in talks on joining BRICS’ New Development Bank (NDB), a precursor to inclusion in a club that comprises Brazil, Russia, India, China and South Africa. Extending membership to Riyadh would signal the bank’s interest in challenging the West’s monopoly over global financial institutions and represent a counterweight to rich-country clubs such as the Group […]

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