times of war thank you so much indeed for coming into the studio today really appreciate that alexander prince vehicle and here is my pleasure thanking. the brits banquo's knowledge this week that will and to change the globes find out to link the structure the development bank will rival the i.m.f. or the world bank and office of ports the emerging economies the development bank will have an initial capital of fifty billion dollars that could rise to one hundred billion funded by each nation if we had cause it in shanghai china with the president see initially held by india there will also be i reserve funds for the five bric members. as a mini i.m.f. i spent a professor of economics well enough suffa his take on the significance of this new financial institution i think it was actually increases their potential influence the world bank and the i.m.f. which is what i think that they also just one of their goals their goals is to create an independent pieces for financial action but it also will be for the reaction to the fact that they do not have that much power in the world bank of the i.m.

times of war thank you so much indeed for coming into the studio today really appreciate that alexander prince vehicle and here is my pleasure thank you. the brics bank was launched this week that will end to change the globe's financial infrastructure the development bank will rival the i.m.f. or the world bank and office supports the emerging economies the development bank will have initial capital of fifty billion dollars that could rise to one hundred billion funded by each nation if we had cause it in shanghai china with the president c initially held by india there will also be i reserve funds for the five bric members to. as a mini i.m.f. i spoke to professor of economics well enough suffer his take on the significance of this new financial institution i think that is actually increases the potential influence at the world bank and the i.m.f. which is what i think that they all saw is one of their goals their goals is to create independence of pieces for financial action but it also live in order reaction to the fact that they do not have that much power in the world bank of the i.m.f.

prince george alexander lewis. es and his father prince william. the toddler, much like his dad has commanded a flurry of international media attention. >> this is going to be a different era for prince george because we are in a technological, we're in an era where everyone has a smartphone, they will always be caught on camera. as you know, that's something that the duke and duchess have come to terms with. >> reporter: george's first year has been a very busy one, aside from learning how to walk, the prince went on his first world tour, parents in tow. he was able to successfully navigate the rigors of a royal schedule. sitting in on a play date with new friends where the future king socialized with his contemporaries. he also squeezed in time to enjoy the animals in australia. joining them for an afternoon snack. after mastering the art of walking, the young prince will focus on conquering the english language. those expecting to see a great deal of young george in the second year will be fascinated. >> family w