Tags » BRICs

BRICS Consider Creating IMF-Alternative As US Loses Credibility

Submitted by Tyler Durden

The BRICS countries (Brazil, Russia, India, China and South Africa) have made significant progress in setting up structures that would serve as an alternative to the IMF and the World Bank… 125 more words

Financial/Societal Collapse And Dependence

Green Light in Southern Hemisphere – Taiwan LED Manufacturers Showcase Innovative Offerings at EXPOLUX, Sao Paulo

(April 17, 2014 – Taipei) The Green Trade Project Office under Taiwan’s Ministry of Economic Affairs has continued to deepen its presence in the emerging Southern Hemisphere market, leading a delegation of Taiwanese LED lighting manufacturers to participate in the biennial EXPOLUX trade show scheduled to be held on April 22-26 in Sao Paulo, Brazil, in an effort to help Taiwanese companies expand business opportunities. 405 more words

New Product & Tech

Nigeria becomes Africa’s largest economy after GDP revision

Nigeria has begun using a new base year for its GDP calculations and has added new sectors to the economy. The change in calculation has nearly doubled its GDP estimate for 2013. 683 more words

Economics

Russia and China announce decoupling trade from Dollar - The End for the USA is nigh‏

Peter Koenig
Global Research
Tue, 08 Apr 2014

Russia has just dropped another bombshell, announcing not only the de-coupling of its trade from the dollar, but also that its hydrocarbon trade will in the future be carried out in rubles and local currencies of its trading partners – no longer in dollars – … 746 more words

News And Politics

theabstractdetail reblogged this on The Abstract Detail and commented:

Looks like the Cold War never really ended... http://www.youtube.com/watch?v=PT1qQokJn-o

Commissioner calls agency's work "reactive", will appeal SABMiller case, counters "toothless dog" moniker

Revlations from Bonakele’s interview with CNBC Africa

South African interim Competition Commissioner Tembinkosi Bonakele called his agency, the Competition Commission (“Commission”), a “kind of reactive” enforcement body, aiming primarily to uncover cartel conduct.  252 more words

South Africa

Russia and China announce decoupling trade from Dollar - The End for the USA is nigh‏

Peter Koenig
Global Research
Tue, 08 Apr 2014

Russia has just dropped another bombshell, announcing not only the de-coupling of its trade from the dollar, but also that its hydrocarbon trade will in the future be carried out in rubles and local currencies of its trading partners – no longer in dollars – … 746 more words

News And Politics

BRICS countries to set up their own IMF

By Olga Samofalova | Russia Beyond the Headlines | April 14, 2014

The BRICS countries (Brazil, Russia, India, China and South Africa) have made significant progress in setting up structures that would serve as an alternative to the International Monetary Fund and the World Bank, which are dominated by the U.S.

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Solidarity And Activism