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BRICS had the intention of improving their global power and providing adequate development for their state. [97] 5th: 26–27 March 2013 South Africa: Jacob Zuma: Durban : The fifth summit discusses the New Development Bank proposition and Contingent Reserve Agreement. BRICS also announced the Business Council and its Think Tank Council. [97] 6th
El Nacional is a Venezuelan publishing company under the name C.A. Editorial El Nacional, most widely known for its El Nacional newspaper and website. It, along with Últimas Noticias and El Universal, are the most widely read and circulated daily national newspapers in the country.
The member states view BRICS Pay to promote trade among its members, financial inclusion, and as a direction to reduce their reliance on the US dollar. [9] Russia has been the strongest proponent of BRICS Pay, to bypass the SWIFT network and the US dollar transactions it was sanctioned from following its invasion of Ukraine.
La Patilla (English: The Watermelon) is a Venezuelan news website that was founded by Alberto Federico Ravell, co-founder and former CEO of Globovisión, in 2010. [2] [3] In 2014, El Nuevo Herald stated La Patilla had hundreds of thousands of visitors per daily. [4]
He was editor of the magazine Resumen from 1973 to 1984. [2] Collections of his writings for El Nacional and El Universal were published in 1999 and 1994, respectively. He was elected to the Venezuelan Chamber of Deputies in the 1963 elections, and re-elected in the 1968 elections. [1]
BRIC is a term describing the foreign investment strategies grouping acronym that stands for Brazil, Russia, India, and China. The related BRICS organisation would go ...
The 1994 banking crisis occurred in Venezuela when a number of the banks of Venezuela were taken over by the government. The first to fail, in January 1994, was Banco Latino, the country's second-largest bank ($1.3 billion bailout [1]). Later, two banks accounting for 18% of total deposits (Banco Consolidado and Banco de Venezuela) also failed. [2]
ALBA or ALBA–TCP, formally the Bolivarian Alliance for the Peoples of Our America (Spanish: Alianza Bolivariana para los Pueblos de Nuestra América) or the Bolivarian Alliance for the Peoples of Our America – Peoples' Trade Treaty (Spanish: Alianza Bolivariana para los Pueblos de Nuestra América – Tratado de Comercio de los Pueblos), is an intergovernmental organization based on the ...