VOICED : Lideres del BRICS anuncian nuevo Banco de Desarrollo

The BRICS leaders announced the creation of a new financial architecture, including a development bank headquartered in Shanghai and a substantial reserve fund. The BRICS bank aims to finance infrastructure projects and support developing nations, with an initial capital of $50 billion. The group, consisting of Brazil, Russia, India, China, and South Africa, seeks to challenge Western financial dominance. The bank's leadership will include an Indian president and a Brazilian head of the board. Additionally, a $100 billion reserve agreement was signed to enhance cooperation among member countries.

What significant financial institution did the BRICS leaders announce?

• A development bank

• A new stock exchange

• A financial advisory board

• A cryptocurrency

What is the initial capital of the BRICS development bank?

• 10 billion dollars

• 30 billion dollars

• 100 billion dollars

• 50 billion dollars

Which city will host the headquarters of the new development bank?

• Shanghai

• Moscow

• Beijing

• New Delhi

Who will be the first president of the BRICS development bank?

• A Chinese leader

• An Indian leader

• A Russian leader

• A South African leader

What is the purpose of the 100 billion dollar contingent reserve agreement?

• To fund military operations

• To support educational programs

• For cooperation among member countries

• To invest in technology startups