Liquidity Fund resources would go to the CAF, FLAR or the Brics

On last Saturday during his nation-wide broadcast, President Rafael Correa, referring to the partial veto on the Monetary and Financial Code, said that the investments of the Liquidity Fund, amounting to about $ 2,000 million, which aims to solve liquidity problems for private...

BRICS announces the creation of its new development bank

BRICS member countries signed the agreement for the creation of a new Development Bank, during the first day of its sixth summit. The new financial institution will significantly strengthen the global financial system at a time when the IMF reform is stagnant. Likewise, the...