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>> RESERVE BANK OF INDIA Latest News

10 HOURS AGO - Zero Hedge

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Our Totalitarian Future - Part 1

Submitted by Jim Quinn via The Burning Platform blog, “On the first Christmas Day the population of our planet was about two hundred and fifty millions — less than half the population of modern China. Sixteen cen­turies later, when the Pilgrim Fathers landed at Plym­outh Rock, human numbers had climbed to a little more than five hundred millions. By the ...

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JUL 25, 2014 - Business Insider

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The BRICS Are Trying To Create A Competitor To The IMF — Here's Why It Won't Have A Big Impact

Brazil, Russia, India, China and South Africa (BRICS) have launched a $100 billion development bank, dubbed the New Development Bank (NDB).  The bank will be based in Shanghai and its first CEO will hail from India. The CEO is expected to keep term for five years, followed by one from Brazil and then Russia.  The bank will have $100 billion ...

Tags: The BRICS Are Trying To Create A Competitor To The IMF — Here's Why It Won't Have A Big Impact,  Reserve Bank Of India Latest News

JUL 16, 2014 - Zero Hedge

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India Sees Gold Imports Surge 65% In June

Today’s AM fix was USD 1,297.50, EUR 958.13 and GBP 757.40 per ounce.Yesterday’s AM fix was USD 1,312.00, EUR 965.20 and GBP 765.51 per ounce. Gold fell $12.60 or 0.96% yesterday to $1,294.10/oz and silver slipped $0.21 or 1% to $20.71/oz. Gold In U.S. Dollars and Global ETF Holdings - 6 Months (Thomson Reuters) Gold’s sell off yesterday was again ...

Tags: India Sees Gold Imports Surge 65% In June,  Reserve Bank Of India Latest News

JUL 15, 2014 - Yahoo! News

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BRICS set up bank to counter Western hold on global finances

By Alonso Soto and Anthony Boadle FORTALEZA Brazil (Reuters) - Leaders of the BRICS emerging market nations launched a $100 billion development bank and a currency reserve pool on Tuesday in their first concrete step toward reshaping the Western-dominated international financial system. The bank aimed at funding infrastructure projects in developing nations will be based in Shanghai and India will ...

Tags: BRICS set up bank to counter Western hold on global finances,  Reserve Bank Of India Latest News

JUL 15, 2014 - Zero Hedge

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Guest Post: BRICS Against Washington Consensus

As Pepe Escobar explains, way beyond economy and finance, this is essentially about geopolitics - as in emerging powers offering an alternative to the failed Washington consensus. Or, as consensus apologists say, the BRICS may be able to "alleviate challenges" they face from the "international financial system". The headline news is that this Tuesday in Fortaleza, northeast Brazil, the BRICS ...

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