ADVERTISEMENT - CONTINUE READING BELOW

Preview Mode

Search the website...

Technical Analysis
Stocks
Economic Calendar
Live Charts
Live Quotes
Education
Forex Terms
Cryptocurrency
More

Search Forexlive

Search Forexlive

Technical Analysis

Economic Calendar

More

Central Banks
Forex Orders
Session Wraps
Premium
Webinars
Premium

About Forexlive

Contact Us
Terms of Use
Privacy

Join Forexlive News Updates
Join Forexlive FX & Crypto Chat
Follow us on Twitter
Follow Us on Facebook

> BRICS to launch their own development bank

BRICS to launch their own development bank

Mike Paterson

Wednesday, 09/07/2014 | 07:02 GMT

09/07/2014 | 07:02 GMT

0

will launch at July 15-16 summit in Brazil
BRICS countries to fund the bank equally starting with USD 10 bln in cash over 7 years with USD 40 bln in guarantees
HQ to be either New Delhi or Shanghai

I reckon they might start by funding a new Brazilian football team

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

Most Popular

In-line CPI report leads to a blockbuster day for US stock markets
Forexlive Americas FX news wrap: Dollar unswayed by Powell, sags on softer ISM services
USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
60% of FX price changes occurred within the first minute of an economic release
USD/JPY looks to US CPI report to potentially break ping pong range
Australia's largest fund manager expects RBA hold today, cut in May
ForexLive European FX news wrap: USD/JPY sticks with the early bounce, ADP up next

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

Contact us
Newsletter

GMT 00:00:00

LON 00:00:00

NY 00:00:00

TKYO 00:00:00

SYD 00:00:00

Get the Forexlive newsletter

Your email

First name

Last name

Select additional content:

Education

Trading offers from relevant providers

By submitting I agree to Forexlive’s Terms, Cookies and Privacy Notice.

Stock Daily Updates

AAPL stock
AMD stock
AMZN stock
AXON stock

Top Forex Brokers

ForexLive Premium

ForexLive Premium

Must Read

Is AMD stock a buy or sell?
Is Amazon stock a buy or sell?
Is Google Stock a Buy or Sell?
Natural gas: Eyeing extreme dip buying levels for generational gains.
Is META stock a Buy or Sell?
Is Berkshire Hathaway stock a buy or sell?
Is Intel Stock a Buy or Sell?
Is Visa Stock a Buy or Sell?
Dogecoin price prediction
BTC saw $416M liquidated in long positions, in the last 24 hours
🚨 Czech Republic exempts long-term Bitcoin holdings from capital gains tax 💰
This recent study shows where some of the big fish are taking some of their money
Bitcoin price prediction - watch these institutional key price levels of bitcoin futures
Ethereum price prediction - I think it's still going to $5k but question is from where...
Bitcoin price prediction based on our AI
Uncover a Unique Buy-the-Dip Strategy for AMD Stock Investors

Become an Author
Contact Us
Advertise with Us
Newsletter

Latest News
Finance News
Education Center
Find a Broker
Events

Follow Us

Subscribe to Forexlive's Daily News Wrap

Read our Terms, Cookies and Privacy Notice

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: FOREXLIVE™ may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Finance Magnates CY Limited

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}