The BRICS bank set up to dilute Western influence has stopped doing business with Russia

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The New Development Bank has very little to say on its reasons, but halted all new lending to Russia.

The New Development Bank has stopped doing business with Russia.

It was created by the BRICS countries as a self-help institution, not long after the IMF backed Ukraine in 2014.go to www.BusinessInsider.co.zaThe New Development Bank , set up by BRICS countries to reduce the influence of what they consider Western-dominated finance institutions, has stopped doing business with Russia.

That was sandwiched between a generic statement on its application of "sound banking principles" and a commitment to continuing to be"in full conformity with the highest compliance standards", which required a further 254 characters.

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BISouthAfrica Hilarious.. BRIKS bank can't suspend when most of the assets are from Russia. Go do your homework again. This is a fail. Or did you get this message from the NATO puppets.

BISouthAfrica What happens to the R in BRICS!!!

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BISouthAfrica I retweeted this only to annoy Radical economic Transformation forces.

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BISouthAfrica Since 1994 Our Government should have been prepared for such moments.....we have Himan resource but we just couldn't fill the world with our students to infiltrate all this International companies. knowing when shit hits the fan we will be able to call them back to implement...

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BISouthAfrica ✊🏿✊🏿✊🏿✊🏿

BISouthAfrica Fake news

BISouthAfrica Awesome news

BISouthAfrica I'm sure this is another misinformation

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BISouthAfrica how can the bank do that when they initially set up to dilute western influence

BISouthAfrica What News24 is telling is is that, 'THE BANK RUSSIA STARTED HAS STOPPED DOING BUSINESS WITH RUSSIA'... What a BS? Story?

BISouthAfrica Fake news

BISouthAfrica Do you think before writing these things?

BISouthAfrica

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BISouthAfrica 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣there's no BRICS without Russia, stop pissing with your mouths

BISouthAfrica You are now reporting lies to create confusion.

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BISouthAfrica So says a pro western propaganda machine

BISouthAfrica But those transactions will really have little to no impact on Russia's fiscus

BISouthAfrica Fake news

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BISouthAfrica lots of Chinese banks to be used they can f* off

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BISouthAfrica Jacob Zuma and his dunderhead fanatics will start discrediting BRICS Bank.

BISouthAfrica But it can't do that; Russia is a strong member of the BRICS unless the bank sees the block as a mere appendage of the West.

BISouthAfrica Lies

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BISouthAfrica This is desperate propaganda and misleading fake news by mainstream media. The statement says “new” transition “in Russia” are being put on “hold”. It does use the word “stop” business “with Russia”. This may be on request by Russia herself, we don't know...

BISouthAfrica Wishful reporting must end

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BISouthAfrica we know what we know. We listened to India this morning, we saw Union pay. You have been diluted.

BISouthAfrica Could be a move from the dollar

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BISouthAfrica However, India and SA are now doing what?

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BISouthAfrica

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BISouthAfrica I want to here it from bricks Bank itself, I don't trust anything from news24

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BISouthAfrica 🤥

BISouthAfrica So is it BICS now

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BISouthAfrica No ways, China just 24 hours ago affirmed good relations with Russia, India as well. Now, in BRICS those are two most powerful funders before Russia, Mexico and South Africa. Propagandists, you have no shame to write lies without verification. When did BRICS sit to discuss that🙄

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BISouthAfrica

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BISouthAfrica Whom has it done business with, actually?

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