Tag Archives: BRICS Development Bank

To Fulfill the Mission of the Presidency, Obama Must Be Dumped and All Remnants of the Bush League Eliminated

To restore the mission of the US Presidency—without which the United States cannot survive—President Obama must be forced out of office, and all vestiges of the Bush family must be removed. After the experience of eight years of Bush-Cheney, following … Continue reading

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Russian Deputy Foreign Minister Ryabkov: BRICS Moves Ahead with Economic & Political Agenda Ignored by West

Russian Deputy Foreign Minister Sergei Ryabkov told International Affairs Magazine Thursday that the BRICS (Brazil, Russia, India, China and South Africa) is expanding its work in both the political and economic spheres—finance, science, technology, and agriculture, and had, as well, … Continue reading

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BRICS Developments, July 23rd, 2014

The Importance of BRICS Bank Is Slowly Sinking In After a spate of articles trashing the BRICS proposed New Development Bank that appeared in the western press, some pundits have now begun to acknowledge the importance of setting up the … Continue reading

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BRICS Development Bank vs. Collapsing Financial System

Imperial Financial Power Opposes the new Development Banks Battle lines are forming regarding the BRICS nations’ decisions to operate two new $100 billion infrastructure investment and development banks over the next year. London and Wall Street finance oppose these international … Continue reading

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BRICS Summit Issues Fortaleza Declaration: the New Development Bank and Contingent Reserve Arrangement Are Born

The heads of State of the BRICS nations (Brazil, Russia, India, China and South Africa), meeting today in Fortaleza, Brazil for the VI BRICS Summit, issued a lengthy 72-point Fortaleza Declaration which includes the historic announcement that they agreed to … Continue reading

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BRICS Summit to Establish Potential Rival to IMF and World Bank

At the Sixth Summit of BRICS (Brazil, Russia, India, China and South Africa) to be held July 14, 15 and 16 in Brazil, a new financial architecture is scheduled to be established. A monetary stabilization fund called Contingent Reserve Arrangement … Continue reading

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China Moves Forward On Financing Mechanism For New Silk Roads

China is moving forward on the proposal of President Xi Jinping last year at the APEC forum in Bali, to create a new financing mechanism, an Asia Infrastructure Investment Bank (AIIB) for developing the Silk Road Economic Belt and the … Continue reading

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