EMerging Equity
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NATO, West Becoming Irrelevant As BRICS/SCO Expand Political, Economic Influence: F. William Engdahl
By F. William Engdahl The dual summits that took place in Russia’s Ufa beginning 9 July were anything but routine. In fact it may be seen by future historians as a signal event that marked the definitive decline of the global hegemony of European civilization including North America. This is no small event in human history. … Continue reading
BRICS Bank Said To Open Offices In Member States In 2016
The BRICS grouping of emerging market nations — Brazil, Russia, India, China, and South Africa — will start to open local offices of the New Development Bank (NDB), also known as the BRICS bank, in 2016, Russia’s TASS news agency reports, citing Andrey Bokarev, a department head at the Russian Finance Ministry. The first office in South Africa … Continue reading
What Is China’s Role In The BRICS?
By Minghao Zhao As much of the world focuses on Greece’s travails, the BRICS countries – Brazil, Russia, India, China, and South Africa – have been working to advance their own economic agenda, most recently at their seventh annual summit in the Siberian city of Ufa. But, though Russia hosted the meeting, it is China … Continue reading
What The Mainstream Media Missed From The BRICS And SCO Summits
By Andrew Korybko, Sputnik News The Ufa Summits were so wildly successful that most media outlets couldn’t keep track of everything that transpired. The most widely known achievements to have come out of the BRICS and SCO Summits in Ufa are the BRICS New Development Bank and India and Pakistan’s joint accession to the SCO, but that doesn’t mean that … Continue reading
The BRICS And SCO Sow Panic In Exceptionalistan
By Pepe Escobar As austerity-ravaged Europe watches its undemocratic “institutions” grapple with the Greek tragedy, and the US backtracks on a fair nuclear deal with Iran, geopolitical tectonic plates are shifting in the Urals. Can you feel an inchoate multipolar world? Well, just look right here at the BRICS 2015 Ufa declaration. The EU is hardly … Continue reading
BRICS Bank To Start Lending In Local Currencies In Q1 2016, President Says
The $100 billion New Development Bank (NDB), also known as the BRICS bank, which comprises of the members of the BRICS grouping of emerging market nations — Brazil, Russia, India, China, and South Africa — will start lending in local currency by April 2016 and its member countries will be the primarily focus of the bank, K.V. Kamath, the President of … Continue reading
India, Pakistan Upgraded To Members Of The Shanghai Cooperation Organization (SCO)
The Shanghai Cooperation Organization (SCO) has decided to upgrade India and Pakistan to full members of the regional security bloc led by China and Russia. The Shanghai Cooperation Organization (SCO) has decided to upgrade India and Pakistan to full members of the regional security bloc led by China and Russia. The SCO said that the invitation to the two Asian nations brings forth the evolution of … Continue reading
BRICS Launch New $100 Billion Bank, Sign Agreement On $100 Billion Currency Reserve Pool
The BRICS grouping of emerging market nations — Brazil, Russia, India, China, and South Africa — have launched their $100 billion New Development Bank (NDB) — also known as the BRICS bank — and have signed an agreement on their $100 billion currency reserve pool — also known as the Contingent Reserve Arrangement (CRA) — ahead of the summit of SCO and BRICS being held in the Russian … Continue reading
Washington Versus The Emerging Silk World Order
By Mahdi Darius Nazemroaya Tectonic geopolitical shifts are taking place in Eurasia. The Venetian merchant Marco Polo and the Moroccan scholar Ibn Battuta, both great travelers of their days, would be thoroughly impressed with the trade networks that are developing. The Eurasia of today is developing into a vast network of superhighways, railroad connections, mammoth ports, … Continue reading
China Ratifies The Freshly-Minted BRICS Bank
China has officially ratified the creation of the $100 billion New Development Bank (NDB), also known as the BRICS Bank, China’s state-run Xinhua news agency reports on Wednesday. China’s Parliament has ratified the creation of the $100 billion New Development Bank (NDB), also known as the BRICS Bank, China’s state-run Xinhua news agency reports on Wednesday. The BRICS grouping … Continue reading
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