Free Republic

The New Development Bank (NDB) established by the five-member BRICS group is offering loans in local currencies, part of its efforts to ditch the use of the U.S. dollar for world trade. NDB President Dilma Rousseff confirmed the move, adding that the financial institution plans to give 30 percent of loans in the local currencies of member nations. The NDB was established in 2014 by the BRICS group – Brazil, Russia, India, China and South Africa – to challenge the U.S.-dominated World Bank. Rousseff, who served as Brazil’s president from 2011 until her impeachment in 2016, took over the NDB’s...

Nano-diamond self-charging batteries could disrupt energy as we know it Here shown as a small, circuit board mounted design, the nano diamond battery has the potential to totally upend the energy equation since it never needs charging and lasts many, many years NDB California company NDB says its nano-diamond batteries will absolutely upend the energy equation, acting like tiny nuclear generators. They will blow any energy density comparison out of the water, lasting anywhere from a decade to 28,000 years without ever needing a charge. They will offer higher power density than lithium-ion. They will be nigh-on indestructible and...