{"id":10285,"date":"2012-04-26T04:31:44","date_gmt":"2012-04-26T02:31:44","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/s-africa-says-brics-bank-to-launch-in-2013\/"},"modified":"2012-04-26T04:31:44","modified_gmt":"2012-04-26T02:31:44","slug":"s-africa-says-brics-bank-to-launch-in-2013","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-says-brics-bank-to-launch-in-2013\/","title":{"rendered":"S.Africa says BRICS bank to launch in 2013"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">CAPE TOWN, April 25<\/span> (Reuters) &#8211; A joint development bank<br \/>\nplanned by the BRICS group of major emerging economies will be<br \/>\nofficially launched in South Africa early next year, foreign<br \/>\nminister Maite Nkoana-Mashabane said on Wednesday.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Leaders from Brazil, Russia, India, China and South Africa<br \/>\nmet last month in New Delhi to discuss setting up the bank,<br \/>\nwhich would fund infrastructure and act as an alternate lender<br \/>\nto the World Bank and other finance bodies.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We are looking forward to this historic moment where we<br \/>\nwill have an opportunity to launch the BRICS development bank in<br \/>\nthe first quarter of the year,&#8221; Nkoana-Mashabane told<br \/>\njournalists.<\/p>\n<p><span><\/span><\/p>\n<p>She offered no details on funding.<\/p>\n<p><span><\/span><\/p>\n<p>For years the BRICS countries have demanded more influence<br \/>\non global financial institutions long controlled by the United<br \/>\nStates and Europe.<\/p>\n<p><span><\/span><\/p>\n<p>(Reporting by Wendell Roelf; Editing by Jon Herskovitz)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAPE TOWN, April 25 (Reuters) &#8211; A joint development bank planned by the BRICS group of major emerging economies will be officially launched in South Africa early next year, foreign minister Maite Nkoana-Mashabane said on Wednesday. Leaders from Brazil, Russia, India, China and South Africa met last month in New Delhi to discuss setting up [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10285","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10285"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10285\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}