Brazil Election Results Official

Brazil Election Results Official

With the end result having been projected from early counts, the election in Brazil is now official and incumbent president Dilma Rousseff has been re-elected. With 51.45 percent of the vote, Rousseff beat out challenger Aecio Neves in a close race. Neves ended up with 48.55 percent of ballots cast. This battle was expected to […]

BRICS New Development Bank Evidence of Global Development

BRICS New Development Bank Evidence of Global Development

BRICS  (Brazil, Russia, India, China and South Africa) announced Tuesday, July 15,  that they have plans to establish the New Development Bank (NDB) at the sixth annual summit meeting. The purpose of the bank is to facilitate infrastructure development in the participating, underdeveloped, countries. Globally the NDB is evidence that  underdeveloped countries, particularly BRICS, are growing economically. […]