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Tag Archives: global finance

Indian PM Modi — BRICS Should Topple Western Dominance in Credit-Rating Market

That would be the US credit rating agencies. Indian Prime Minister Narendra Modi has strongly called for expediting the process of establishing a transparent, non-western dominated, sovereign credit rating agency for developing economies, particularly those of the BRICS block.In his address at the plenary session of the BRICS summit, Indian Prime Minister Narendra Modi emphatically highlighted the need for countering western rating institutions by establishing a separate rating agency...

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