25th December, 2010
South Africa announced on Friday it has been formally invited to join the Brazil, Russia, India and China (BRIC) group of key emerging nations, bolstering its image as the economic gateway to Africa.
Posts Tagged ‘BRIC alliance’
South Africa invited to join BRIC economic block
Posted by seumasach on December 28, 2010
Posted in Multipolar world | Tagged: BRIC alliance, BRICS(Brazil-Russia-India-China-South Africa) | Leave a Comment »
Iran, Brazil and the ‘bomb’
Posted by seumasach on May 2, 2010
Pepe Escobar
30th April, 2010
Brazilian Foreign Minister Celso Amorim put it very politely at a joint press conference with his Iranian counterpart Manouchehr Mottaki in Tehran this Tuesday. Amorim said, “Brazil is interested to have a share in settling the Iranian nuclear issue in an appropriate way.”
“Appropriate” is code for dialogue – not a fourth round of sanctions slammed by the United Nations Security Council, much less the military option, which the Barack Obama administration has stridently kept on the table. Thus by positioning itself as a mediator in search for a peaceful solution, the Brazilian government is in fact on a “soft” collision course with the Obama administration.
Posted in Iran, Multipolar world | Tagged: BRIC alliance, IAEA iran, Multipolar world | Leave a Comment »
The BRIC post-Washington consensus
Posted by seumasach on April 16, 2010
“Is the World Bank finally waking up to the real world(s)? The BRICs met in Brazil roughly one week before the World Bank and International Monetary Fund annual love fest in Washington. The old order may resent it, but the BRIC voice is and will continue to be ever more insistent. No wonder; they are shelling more funds to the IMF, thus they should have more say on where the money is going. They want an antithesis of Wall Street: transparency. The 2008 financial crisis – which by no means is over – was unleashed by a Wall Street-biased financial casino.”
Pepe Escobar
17th April, 2010
The BRIC countries (Brazil, Russia, India and China) got together in the Brazilian capital, Brasilia, on Thursday with a bang. After meeting Chinese President Hu Jintao, and once again condemning an “asymmetric, dysfunctional globalization”, Brazilian President Luiz Inacio Lula da Silva was at his ebullient best: “A new global economic geography has been born.” Well, not quite. Not yet.
Posted in Multipolar world | Tagged: BRIC alliance | Leave a Comment »
Brazil steps between Israel and Iran
Posted by seumasach on March 17, 2010
“Lula stepping into the arena also means one more instance of the BRICs (Brazil, Russia, India, China) acting as a new rival superpower to an increasingly disoriented “full spectrum dominance” US. None of the BRICs is in favor of isolation of, not to mention an attack on, Iran. This is the case as long as they believe that Iran, according to all available evidence, is nowhere near a nuclear weapon, and an attack would inevitably accelerate nuclear proliferation in the Persian Gulf.”
Pepe Escobar
18th March, 2010
Talk about a Via Dolorosa. Luiz Inacio Lula da Silva is the first Brazilian president to visit Israel officially. Lauded for his charisma, swing and formidable negotiating powers – United States President Barack Obama refers to him as “the man” – little did Lula know that to engage his hosts this week he would have to give the Prophet Abraham a run for his money, no less.
Posted in Multipolar world | Tagged: BRIC alliance | Leave a Comment »
Welcome, comrade Maobama
Posted by seumasach on November 19, 2009
Pepe Escobar
17th November, 2009
BEIJING – Dear comrade Maobama,
It’s such an honor to receive you here in the northern capital of the Middle Kingdom as you pay tribute to the hub of the already developing 21st-century multipolar world.
Posted in Multipolar world | Tagged: BRIC alliance, China, Multipolar world, Obama agenda, SCO | Leave a Comment »
BRIC to call the shots in post-crisis world
Posted by smeddum on September 15, 2009
Posted in Financial crisis, Multipolar world | Tagged: BRIC alliance | Leave a Comment »
A Tale of Two Diverging Economic Worlds
Posted by seumasach on June 21, 2009
F. William Engdahl
10th June, 2009
Increasingly a deep divide within the world of globalization is emerging which will have the most profound significance for the future of G7 nations’ economic and political stability. The divide is between those nations which are still embedded within the dollar system, including countries in the Eurozone, versus those emerging economies—especially the BRIC—Brazil, Russia, India, China—where new economic markets and regions are rapidly replacing their over-dependence on the United States as prime export market and prime source for investment finance. The long-term consequences will be an aggravation of the trend of the United States as a political and economic superpower in terminal decline, while dynamic new economic zones, initially mainly of regional importance, will arise.
Posted in Multipolar world | Tagged: BRIC alliance, Financial crisis, Multipolar world | Leave a Comment »
The World is Now Changed
Posted by seumasach on June 18, 2009
W Joseph Stroupe
18th June, 2009
Decoupling on the part of the under-developed economies is defined as accelerating along the path of eliminating inordinate reliance upon the US and other developed economies as export markets. Decoupling would also tend to undermine reliance upon the dollar and boost the role of regional currencies in trade, finance and in forex reserves composition.
Posted in Multipolar world | Tagged: BRIC alliance, China, decoupling, Financial crisis, global reserve currencies | Leave a Comment »
Chinese president makes proposal for tackling global financial crisis at BRIC summit
Posted by seumasach on June 17, 2009
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·President Hu made a 4-point proposal for tackling the financial crisis at BRIC summit.
·BRIC countries should try to take lead in recovering from the financial crisis, Hu said.
·BRIC countries shoul push forward the reform of international financial system.
YEKATERINBURG, Russia, June 16 (Xinhua) — Chinese President Hu Jintao Tuesday presented a four-point proposal for dealing with the ongoing global financial crisis at the first summit meeting of BRIC countries which groups Brazil, Russia, India and China.
Posted in Multipolar world | Tagged: BRIC alliance, China, End of empire, global leadership, SCO, Yekaterinburg | Leave a Comment »
BRIC group plans own revolution
Posted by seumasach on June 16, 2009
W.Joseph Stroupe
17th June, 2009
Russia announced on June 10 that it will purchase US$10 billion of the new SDR-denominated International Monetary Fund bonds. It also announced that it will further diversify its $140 billion of US dollar holdings. Brazil will also buy $10 billion worth of the new bonds, and China will buy $50 billion of the new bonds. India will likely announce its own purchases very soon.
Read the rest of this entry »
Posted in Multipolar world | Tagged: BRIC alliance, China, End of empire, Financial crisis, panda bonds, Russian diplomacy, SCO | Leave a Comment »
Los países BRIC y la teoría del desacople
Posted by seumasach on June 4, 2009
28th May, 2009
Mientras Estados Unidos y Europa luchan para salir del pantano del endeudamiento, el desempleo y la deflación, la resistencia de los países BRIC a los embates de la crisis ha sido la grata sorpresa. Brasil, Rusia, India y China se han convertido en un factor de estabilidad y crecimiento logrando producir un desacople del eje Estados Unidos-Japón-Europa.
Posted in Multipolar world | Tagged: BRIC alliance, Financial crisis, Multipolar world | Leave a Comment »
In These New Times 