Tags » New Economic Order

China and Argentina: A New Global Financial System Is Needed

During his visit Saturday morning to the Argentine Congress, as part of his state visit to the country, Chinese President Xi Jinping told gathered legislators that the relations between the two nations were at a “historic take-off point.” Their’s was not just a bilateral relationship, but a comprehensive strategic one, he said, in which he and Argentine President Cristina Fern├índez de Kirchner share similar views on such crucial issues as reforming the global financial system. 367 more words

National Sovereignty

South Africa Finance Minister Emphasizes Strategic Significance of BRICS Development Bank

Within only hours after his return from the sixth BRICS summit in Brazil, South African Finance Minister Nhlanhla Nene underscored the strategic significance of the BRICS New Development Bank, according to a report in the South African publication… 222 more words

Infrastructure Development

Impact of BRICS Summit Begin To Break Out in East Asia

The paradigm-shifting importance of this week’s BRICS summit in Brazil and its joint announcement of the New Development Band (NDB) and the currency fund, is beginning to break out in East Asia. 946 more words

Collapsing British Empire

BRICS Summit Issues Fortaleza Declaration: the New Development Bank and Contingent Reserve Arrangement Are Born

The heads of State of the BRICS nations (Brazil, Russia, India, China and South Africa), meeting today in Fortaleza, Brazil for the VI BRICS Summit, issued a lengthy 72-point… 682 more words