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
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
By Mike Whitney There’s been a virtual blackout of news from this year’s seventh annual BRICS summit in Ufa, Russia. None of the mainstream media organizations are covering the meetings or making any attempt to explain what’s going on. As a result, the American people remain largely in the dark about a powerful coalition of nations … Continue reading
By Mahdi Darius Nazemroaya Get ready for ground shattering geopolitical changes. At the crossroads of Asia and Europe, it has been decided that the Russian city of Ufa will be the point of convergence for all the initiatives and projects of the Silk World Order of trade and integration that China and Russia are spearheading. Ufa, … Continue reading
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
Vladimir Putin gave a news conference following the BRICS and Shanghai Cooperation Organisation summits in Ufa. By The Kremlin Vladimir Putin: Good afternoon, ladies and gentlemen. Let me start by giving a brief summary of the results of the BRICS and SCO summits that took place here in Ufa. They concluded Russia’s presidency in these two influential organisations and represent a big step in developing our countries’ multifaceted cooperation. In terms of their influence … Continue reading
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
Saudi Arabia has inked a commitment to invest up to $10 billion in Russia, the Russian Direct Investment Fund (RDIF) said on Monday. Russia’s RDIF and the Public Investment Fund (PIF) of Saudi Arabia agreed to create a partnership to invest $10 billion into projects in Russia, RDIF head Kirill Dmitriev told RIA Novosti. Russia’s latest deal with its … Continue reading
The BRICS grouping of emerging market nations — Brazil, Russia, India, China, and South Africa — will see their own $100 billion development bank, The New Development Bank (NDB), also known as the BRICS bank, in operation by the end of 2015, South Africa’s Finance Ministry said on Friday. “The New Development Bank is expected to be operational … Continue reading
By F. William Engdahl I want to share my impressions from a recent visit to St. Petersburg where I was invited to speak on a panel titled “Never Let a Good Crisis Go to Waste.” The title is another version of the old Chinese proverb, “A crisis also presents new opportunities.” This is what is emerging … Continue reading