And south africa today they make up a fifth of the world gdp, and theyre working together. Theyre launching their own development and Rainy Day Fund. Its a major shift in the westernled status quo. They say theyll be responsive to the needs of developing economies but can they overcome their stark differences to Work Together and what does it mean for the United States and their sometimes confine shoes relationships with thes contentious elationships with these nation nations. The historic dimension of our summit can be demonstrated by the importance of the agreements we sign. Head quartered in shanghai, they have a commitment of 100 billion. And its capital will be divided among the five members the first president will be from india. The board of directors will be led by brazil and the africa region Lending Branch will be based in south africa. The bricks bank will be one of the biggest financial agencies in the world. Bricks nations see their bank as counter to what they view as wes
And south africa today they make up a fifth of the world gdp, and theyre working together. Theyre launching their own development and Rainy Day Fund. Its a major shift in the westernled status quo. They say theyll be responsive to the needs of developing economies but can they overcome their stark differences to Work Together and what does it mean for the United States and their sometimes confine shoes relationships with thes contentious elationships with these nation nations. The historic dimension of our summit can be demonstrated by the importance of the agreements we sign. Head quartered in shanghai, they have a commitment of 100 billion. And its capital will be divided among the five members the first president will be from india. The board of directors will be led by brazil and the africa region Lending Branch will be based in south africa. The bricks bank will be one of the biggest financial agencies in the world. Bricks nations see their bank as counter to what they view as wes
And south africa today they make up a fifth of the world gdp, and theyre working together. Theyre launching their own development and Rainy Day Fund. Its a major shift in the westernled status quo. They say theyll be responsive to the needs of developing economies but can they overcome their stark differences to Work Together and what does it mean for the United States and their sometimes confine shoes relationships with thes contentious elationships with these nation nations. The historic dimension of our summit can be demonstrated by the importance of the agreements we sign. Head quartered in shanghai, they have a commitment of 100 billion. And its capital will be divided among the five members the first president will be from india. The board of directors will be led by brazil and the africa region Lending Branch will be based in south africa. The bricks bank will be one of the biggest financial agencies in the world. Bricks nations see their bank as counter to what they view as wes
Welcome to the pulse live from bloombergs European Headquarters in london. A big day of news in the telecom space. Up anothereing asset. Here with more is Caroline Hyde. This could be the winning offer. They have upped it by 5 . It seems to be sitting that private Equity Companies have been involved as well. , thePatrick Drahi billionaire behind altice is over offering. He says, overall, it is related to a 500 million euro extra bid in terms of future revenues. People like Patrick Drahis style. 20 years ago, he started altice, now frances biggest cable company. He bolted on and bolted on and now they are a huge player. They like the idea that he wants to get into portugal even more. He is looking at telephone assets to add to the cable assets he already has in portugal. Iserally, this is a man who dealing, making it work. Investors like it. This would be a better deal than oi had previously. O this is unraveling another m a that happened last year. Oi is brazilbased. The reason they wa