With the current world bank system having been established a while ago, time has come for new financial institutions to be developed globally, South Africa's President Zuma told RT. BRICS and its New Development Bank is one of such alternatives, he said.
The Chinese Parliament has ratified the creation of the BRICS Development Bank. The New Development Bank was conceived as a counterbalance to such Western-led financial institutions as the World Bank and the IMF.
Those who know 21-year-old Dylann Storm Roof, the man arrested and charged with killing nine people in a historic African-American church, have described him as “smart,” “wild,” “sweet” and “quiet,” but he was also known to make racist comments.
Zimbabwe has started retiring its almost worthless local currency in favor of the US dollar. Today, 35 quadrillion Zimbabwean dollars are equal to US $1, as a result of hyperinflation which hit the country in 2009.
A former senior FIFA official, Chuck Blazer, claimed he and others took bribes in exchange for supporting World Cup candidate countries in 1998 and 2010, an unsealed paper says. South Africa has denied paying any bribes. French reaction is pending.
The woman mauled to death by a lion during a South African safari has been identified as Katherine Chappell, 29, a video editor for the TV series 'Game of Thrones.' She was attacked through the open window of a vehicle while taking photos.
Thousands of people across the world have joined together in a global movement, protesting against American biotech giant Monsanto. Activists from over 400 cities are speaking out against GMOs and Monsanto’s monopoly over the food supply.