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The IMF announced it will add the Chinese yuan to its basket of reserve currencies last year.
BRICS countries on Friday discussed the efficacy of “establishing” a bank institute and a rating agency of their own following the New Development Bank (NDB) becoming fully operational. BRICS finance
The first batch includes four renewable energy projects, one each in Brazil, India, China and South Africa.
China's non-financial outbound direct investment (ODI) jumped 55.4 per cent from a year ago.
Reversing some of Rousseff's leftist policies will boost the economy, her opponents say. Not so fast, warn economists.
The US had officially opposed the creation of the AIIB.
If she wins, Rousseff would propose a new pact among all the political forces to establish a unity government.
Lavrov urged external players to stop interfering in the negotiations among those involved.
The Zika virus could also be linked to other brain diseases similar to multiple sclerosis, Brazilian scientists say.
Major economic forecasts blamed the drop in commodities trading and the fall in oil prices for the dismal global outlook.
