1y ago

Algeria applies to join BRICS, would contribute $1.5 billion to group bank

www.aol.com Algeria applies to join BRICS, would contribute $1.5 billion to group bank

Algeria has applied to join the BRICS group and submitted a request to become a shareholder member of BRICS Bank with an amount of $1.5 billion, Ennahar TV quoted Algerian President Abdelmadjid Tebboune as saying. It added that Tebboune said at the end of his visit to China that Algeria had sought t...

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Application denied because BRICSA is a bad acronym and nobody was willing to rearrange the letters.
- BRICAS
  No wait
  CRABIS
  
  SICBRA sounds way more sick... bra.
- There are like 20 countries that want to join I doubt they will add all of them to the name, maybe xhange the name altogheter.

The same Algeria that has a 12.7% unemployment rate, a rising 8% inflation rate, and whose economy almost strictly relies on processing hydrocarbons?
$1.5 billion would be nice though. Based on the $5.1 trillion moved per day in 2016 according to the BIS, that will last about them about....25 and a half seconds worth of cross-border transactions on the international market!

Let'ssssss fuckingggg goooooooooo!

6 comments