Andres Oppenheimer

July 16, 2014

Andres Oppenheimer: BRICS’ emerging world bank: good idea, bad timing

This week’s announcement by the presidents of Brazil, Russia, India, China and South Africa — the so-called BRICS countries — that they will create their own international financial institution was greeted with polite skepticism and some criticism in Washington D.C. But on this issue, the BRICS are doing the right thing.

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