Posted by seumasach on January 17, 2013
The collective GDP of the seven emerging economies could become larger than that of the G7 group of developed economies as early as 2017, the report said.
16th January, 2013
Russia is due to overtake the German economy by 2020, and the E7 club of emerging economies will take the reins of the world economy in another 30 years according to a PriceWaterhouseCoopers report.
Posted in Multipolar world | Tagged: BRICS(Brazil-Russia-India-China-South Africa), Russia in Europe, the new russia | Leave a Comment »
Posted by smeddum on October 12, 2008
By Aleh Tsyvinski and Sergei Guriev, Special to Gulf News
Published: October 13, 2008, 00:03
Russia’s government is sitting on a giant pile of cash that it plans to invest in foreign assets. The glimpse of its economic muscle was revealed last week when the Prime Minister of Iceland announced that Russia may come with about $5 billion to save its troubled economy. Who could have thought that, given the chaotic Russia of the 1990s, only ten years later it would be in the position to bail out a developed country? Even more surprising is the fact that the helping hand for Iceland comes at a time when the domestic stock market is in a freefall and trading on the Moscow stock exchange is routinely halted. Read the rest of this entry »
Posted in Uncategorized | Tagged: russia, the new russia | 1 Comment »
Posted by seumasach on July 22, 2008
|
The Medvedev proposal
by F. William Engdahl
22nd July, 2008
Perhaps the most unsettling aspect of the current US Presidential campaign, aside from the studied avoidance of any serious proposals to address the worst economic depression since the 1930’s, is the fact that both major party candidates, Barack Obama and John McCain, have to date been stone silent on the most pressing issue of future war or peace, namely the steps taken by the Bush-Cheney Administration to encircle Russia with a new Iron Curtain of NATO member states, including strenuous efforts to push Ukraine and Georgia into NATO, and to establish an advanced nuclear missile defense system which, from a standpoint of military strategy, far from defense, puts the world on a hair-trigger to nuclear holocaust in the few years ahead. |
Posted in Multipolar world | Tagged: medvedev proposal, the new russia | Leave a Comment »
In These New Times 