Sunday, September 1, 2013

Reuters: Money News: BRICS agree on bank's structure, progress difficult - Russia

Reuters: Money News
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BRICS agree on bank's structure, progress difficult - Russia
Sep 2nd 2013, 02:45

MOSCOW/BRASILIA (Reuters) - The BRICS bloc of large, emerging economies has agreed on the structure of a proposed development bank with $50 billion in capital, but ironing out "difficult" details may take months, Russian Deputy Finance Minister Sergei Storchak said.

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