In recent months, the USA has stepped up efforts to discredit the New Development Bank (NDB), which, in addition to the five BRICS countries, includes Egypt, Bangladesh, and the UAE, while about 20 other countries are candidates to join. The reason for this activity on the part of Washington is simple and clear. The Americans want to slow down the process of forming an alternative global financial infrastructure. China is working to shift its commerce away from the dollar and has absolutely no intention of stopping…

In May this year at a meeting in Japan, the G7 development finance institution (DFI) decided to create the Ukraine Investment Platform. At the heart of the idea is a good cause – to help rebuild Ukraine. If you look at it from the outside, there is no problem, the development banks, including the European Bank for Reconstruction and Development (EBRD), are doing what they should be doing, which is restoring and developing the economy. But this is only at first glance. In fact, the entire involvement in financing Ukraine on the part of the EBRD and other…