Posted by smeddum on September 3, 2009
2nd South America-Africa Summit to be held in Venezuela: Chavez
www.chinaview.cn
2009-09-02
CARACAS, Sept. 1 (Xinhua) — Venezuelan President Hugo Chavez announced the second South America-Africa Summit (SAAS) would be held on Sept. 26 and 27 on Venezuela’s Margarita Island, the presidency reported Tuesday.
He made the announcement at the African Union (AU) Special Summit, according to information reaching here from Tripoli, Libya, where Chavez is visiting. Read the rest of this entry »
Posted in Multipolar world | Tagged: Africa, global reserve currencies, South America | 1 Comment »
Posted by seumasach on July 24, 2009
Robert Morley
21st July, 2009
What do China, India, Brazil, Russia, France and Germany have in common? These countries most often can’t agree on anything. But they are united in one strange—and ominous—way. They blame the United States for wrecking the global economy. And they think the dollar is the wrecking ball.
Posted in Financial crisis | Tagged: dollar collapse, dollar decline, financial collapse, global reserve currencies, Multipolar world, new financial architecture | Leave a Comment »
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 »
In These New Times 