Alonso Soto And Anthony Boadle

'BRICS forex action not discussed but worth thinking about'

Emerging nations have discussed delinking the quotas from the governance reforms to facilitate its passage.

India to head BRICS' $100 billion development bank

The BRICS Summit tonight decided to establish the new development bank with an initial authorised capital of $100 billion.

New BRICS bank? Not too soon!

The leaders of the five emerging market economies are expected to sign a deal on Tuesday that creates the $100 billion bank and a reserves fund of the same size to challenge Western dominance over global finance.

BRICS joint action at G20 summit may be wishful thinking

Group still far from coordinating monetary/forex policy

Cuban boxers pack punches with ideology

Maradona won friends in Cuba