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MercoPress, en Español

Montevideo, June 18th 2019 - 04:51 UTC

Tag: BRICS

  • Sunday, April 1st 2018 - 19:12 UTC

    Trump doesn't care about Latin America, Lula tells Correa

    “It's becoming more and more clear each day that the US doesn't want Latin America to be strong,” Lula claimed.

    Former Brazil's President Luiz Inacio Lula Da Silva, better or simply known as Lula, said Donald Trump “doesn't care about Latin America in the least and added that ”Bush and Condoleezza Rice pursued a much more democratic policy towards Brazil than Barack Obama and Hillary Clinton.” In his view, Obama could give magnificent speeches, but never actually delivered.

  • Monday, September 4th 2017 - 16:29 UTC

    Xi calls on BRICS colleagues to play a bigger role in world governance

    Brazilian President Michel Temer, Russia's Vladimir Putin, China's Xi Jinping, South Africa's Jacob Zuma and Indian Prime Minister Narendra Modi

    Five major emerging economies opened a summit on Monday to map out their future course, with host Chinese President Xi Jinping calling on them to play a bigger role in world governance, reject protectionism and inject new energy into tackling the gap between the world's wealthy and developing nations.

  • Sunday, June 18th 2017 - 02:34 UTC

    Brazilian President Temer to tour Russia, Norway this week

    “Russia will be number one on the agenda of my tour,” said President Temer

    President Michel Temer of Brazil is to meet his Russian counterpart Vladimir Putin during his Moscow stop this coming week. Among the items to be discussed is the purchase of air defense missile systems. There will also be talks with Russian investors to discuss energy matters.

  • Monday, October 17th 2016 - 09:47 UTC

    BRICS summit, despite drawbacks ends optimistic and vows to deepen economic engagement

    India’s prime minister, Narendra Modi, called for doubling trade within the BRICS bloc in the next five years to US$500 billion, dismantling trade barriers and improving infrastructure.

    Amid fears of threats posed by protectionism, the BRICS countries have vowed to deepen economic engagement, tackle the global economic slowdown, and combat cross border terrorism. The leaders of the five emerging economies of Brazil, Russia, India, China and South Africa wrapped up a summit Sunday in Goa, in western India.

  • Friday, September 11th 2015 - 09:33 UTC

    Cristina Fernandez wants Argentina in BRICS and asks Lula da Silva to act as the lobbyist

    “Lula, you have to be the ambassador for Argentina to join BRICS and for it to no longer be BRICS but rather BRICSA,” the Argentine president said

    President Cristina Fernández called on Brazil’s former president Lula da Silva to become Argentina’s “ambassador” to help it join the group of emerging countries known as BRICS, acronym for Brazil, Russia, India, China and South Africa. Lula is currently campaigning in support of incumbent presidential candidate Daniel Scioli, and the so called 'Kirchner' model that 'transformed Argentina'.

  • Wednesday, July 22nd 2015 - 07:22 UTC

    BRICS bank (New Development Bank), takes off in low-key Shanghai ceremony

    “Our objective is not to challenge the existing system as it is but to improve and complement the system in our own way” said NDB President Vaman Kamath

    Officials from the world's largest emerging nations launched on Tuesday the New Development Bank (NDB), the second of two new policy banks heavily backed by Beijing that are being pitched as alternatives to existing institutions such as the World Bank. Also known as the BRICS bank, it follows soon after the establishment of the China-led Asian Investment Infrastructure Bank (AIIB).

  • Thursday, July 9th 2015 - 06:29 UTC

    Brics summit takes off in Russia with an agenda full of economic and political issues

    Putin met with Brazilian president Rousseff in the sidelines of the summit. Brazil is interested in funding for an ambitious railway infrastructure project

    Russian President Vladimir Putin met on Wednesday with his Brazilian counterpart, Dilma Rousseff at the Siberian city of Ufa, where the Brics group summit is taking place. Previously, Putin had met with president Xi Jinping (China); Jacob Zuma (South Africa) and Indian Prime Minister Narendra Modi, the five countries that make up the group.

  • Wednesday, April 29th 2015 - 08:07 UTC

    The end of the BRICS

    Brazil hasn’t even overtaken Britain by 2050, despite having three times as many people. And Russia's economy barely doubles in the next 35 years

    By Gwynne Dyer - ”The only function of economic forecasting is to make astrology look respectable”, said John Kenneth Galbraith, the wisest American economist of his generation. (“A paltry honor,” he would have murmured.)

  • Wednesday, March 18th 2015 - 08:14 UTC

    Failure to approve IMF reforms puts “credibility of the US at risk” Lew warns Congress

    ‘Our continued failure to approve the IMF quota and governance reforms is causing other countries, including some of our allies, to question our commitment to the IMF’ said Lew

    The credibility of the United States is at risk if Congress fails to approve International Monetary Fund quota and governance reforms, Treasury Secretary Jacob Lew warned on Tuesday. For more than two years the US Congress has prevented the 2010 IMF reforms from taking effect.

  • Wednesday, July 16th 2014 - 01:10 UTC

    BRICS sign deal to create development bank and an emergency reserve fund

    The family picture of the group’s leaders with host Dilma Rousseff

    The leaders of the group of five BRICS emerging market countries signed on Tuesday a deal to create a new development bank and an emergency reserve fund, Brazil's President Dilma Rousseff announced at a summit of the group in the Brazilian city of Fortaleza.

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