The Roscongress Foundation, a Russian think tank, has profiled the New Development Bank, known as the BRICS bank, as an alternative to the International Monetary Fund (IMF) in its latest “Decolonization in Energy Markets” report. Nation members could secure loans based on their energy-exporting capabilities, which would be liquid, and similar to the Special Drawing Rights…

#russian#newdevelopmentbank#rosscongress#sergeychevrychkin#groupofseven#southafrica#brics