Tag: BRICS

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

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

  

  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

  

  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.