Tag: BRICS

Sunday, June 18th 2017 - 02:34 UTC
Brazilian President Temer to tour Russia, Norway this week

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

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

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

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

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

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

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 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.
Thursday, May 29th 2014 - 06:35 UTC
Argentina and Russia ratify close links; Moscow reaffirms Malvinas claim support

Argentina was formally invited to take part in a BRICS summit to be held in Brazil next month. The Kremlin also ratified support to Buenos Aires in its long-standing dispute with the UK over the sovereignty of the Malvinas Islands.
Tuesday, May 6th 2014 - 06:32 UTC
India, Brazil and South Africa want Argentina to join the BRICS club

India, Brazil and South Africa are interested in having Argentina join the BRICS group of emerging economies which also includes Russia and China, according to Indian ambassador in Buenos Aires Amarenda Khatua in an interview with Clarin.