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JohninMK
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56 posters

    B.R.I.C.S. Discussion

    Kyo
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    Post  Kyo Tue May 12, 2015 4:33 pm

    Thks George1
    George1
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    Post  George1 Tue May 12, 2015 4:51 pm

    Kyo wrote:Thks George1
    thumbsup
    max steel
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    Post  max steel Tue May 12, 2015 5:42 pm

    Brazil is going nowhere from BRICS . Don't worry . Maybe she was busy and didn't get time for Victory Day Parade .
    GarryB
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    Post  GarryB Wed May 13, 2015 3:32 am

    Brazil is going nowhere from BRICS . Don't worry . Maybe she was busy and didn't get time for Victory Day Parade .

    Most leaders are busy.... she should have made time...
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    Post  Viktor Fri May 29, 2015 12:41 am

    Nice thumbsup

    ​BRICS summit in Russia to launch New Development Bank & currency pool - Putin
    George1
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    Post  George1 Thu Jul 02, 2015 1:26 pm

    BRICS may become key element of global management system — Lavrov
    avatar
    Vann7


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    B.R.I.C.S. Discussion  - Page 4 Empty Russia's Putin and China's Xi at BRICS summit in Ufa

    Post  Vann7 Thu Jul 09, 2015 5:35 am

    Russia's Putin and China's Xi at BRICS summit in Ufa




    http://rt.com/business/272254-russia-brics-sco-summits/


    Update.. it seems China markets are under a major attack..

    and is curious how this coincide with the BRICS meeting..

    http://rt.com/business/272551-china-shareholders-sell-ban/



    George1
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    Post  George1 Mon Jul 13, 2015 11:58 pm

    Putin expects BRICS New Development Bank to launch projects in 2016

    Companies from BRICS member states "are ready to establish joint ventures, build up mutual investment and commodity flows," the Russian president said

    UFA, July 9. /TASS/. Russian President Vladimir Putin said on Thursday he expected that the New Development Bank, which the BRICS grouping of the world’s five major emerging economies (Brazil, Russia, India, China and South Africa) is establishing, will implement its first projects in 2016.

    "The new bank with a capital of $100 billion will carry out large-scale development projects in the countries of our association. We expect the first of them to be launched already next year," Putin said at an enlarged meeting of the BRICS leaders.

    Companies from BRICS member states "are ready to establish joint ventures, build up mutual investment and commodity flows," the Russian president said.

    The Russian president said the BRICS summit should "study in detail the actual issues of the BRICS activity in the economic sphere."

    Putin highlighted the indicators evidencing the economic might of the BRICS countries.

    Specifically, BRICS accounts for about 30% of global GDP, a third of the world’s industrial output and a half of food production.

    "This is a huge consumer market," the Russian president said.

    Close economic cooperation gives BRICS countries new opportunities. For example, their internal commodity trade, foreign investment and capital investment are growing. The launch of a pool of foreign exchange reserves is also one of BRICS’ achievements, Putin said.
    George1
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    Post  George1 Tue Jul 21, 2015 7:59 am

    BRICS New Development Bank headquarters officially opened in Shanghai
    magnumcromagnon
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    B.R.I.C.S. Discussion  - Page 4 Empty $100bn BRICS currency pool kicks in

    Post  magnumcromagnon Thu Jul 30, 2015 1:45 pm

    thumbsup

    $100bn BRICS currency pool kicks in
    Viktor
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    Post  Viktor Thu Jul 30, 2015 8:37 pm

    Nice thumbsup

    Agreement on a pool of currencies of BRICS entered into force
    Kyo
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    Post  Kyo Fri Jul 31, 2015 2:01 am

    One more blunder by Brazilian President, Mrs. Rousseff. Following the snubbing of Victory Day parade in Moscow on May 9th, now it is her next visit to Japan next December to stengthen relations. She already sent her Minister of Foreign Affairs, Mauro Vieira, to Tokyo to prepare her visit, which should touch upon matters related to the enlargement of the UNSC permanent members, with both Japan and Brazil as candidates. It is an open secret that China, also a member of BRICS, is against Japan's admission as a permanent member to the UNSC, especially now with the South China Sea imbroglio.

    Read more in Portuguese:
    http://br.sputniknews.com/brasil/20150729/1707133.html
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    Post  wilhelm Mon Aug 10, 2015 10:34 am

    BRICS mutual trade up 70% in 6 yrs – South Africa president

    Trade between BRICS countries has increased 70 percent since the group was established in 2009, according to South African President Jacob Zuma. The economies of the five BRICS nations account for almost 30 percent of global GDP.
    “BRICS presents an aggregate GDP exceeding $32 trillion. This marks a 60-percent growth since the formation of the grouping," Zuma told reporters on Thursday in Cape Town.

    BRICS countries (Russia, Brazil, India, China and South Africa) produce a third of the world’s industrial products and half of all agricultural goods.

    They attracted 20.5 percent of total global direct investment in 2014, an increase of 3.5 percent over 5 years.

    "The share of BRICS capital investment on the global markets has also increased significantly from 9.7 percent to 14 percent since 2009," Zuma said.

    The group is ready to expand its economic cooperation with partners in key areas such as food production, power generation, the petro-chemical industry, mining, tourism, renewable and nuclear energy, trade, transportation, communications and training, according to the South African president.

    The seventh BRICS summit, held last month in Russian city Ufa, reaffirmed the importance of BRICS in the global arena, Jacob Zuma said. He added that the summit’s key achievement was the "entry into force of the New Development Bank (NDB) and the Contingent Reserve Arrangement.”


    The NDB opened for operations in Shanghai on July 21 with a view to deploying $50 billion in initial capital to fund infrastructure and sustainable development projects. The world’s major banks “see the BRICS bank as an important additional factor in global financial transactions,” said Zuma. The establishment of NDB’s African Regional Centre in Johannesburg is among the group’s plans for the near future, he added.

    https://www.rt.com/business/311830-brics-trade-increase-bank/
    George1
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    Post  George1 Thu Aug 13, 2015 1:29 am

    Sudan Takes First Steps Toward BRICS Membership
    Werewolf
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    Post  Werewolf Thu Aug 13, 2015 9:04 pm

    George1 wrote:Sudan Takes First Steps Toward BRICS Membership

    I would prefer Cuba, vietnam or Argentinia more.
    magnumcromagnon
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    Post  magnumcromagnon Thu Aug 13, 2015 9:10 pm

    Werewolf wrote:
    George1 wrote:Sudan Takes First Steps Toward BRICS Membership

    I would prefer Cuba, vietnam or Argentinia more.

    Plus Sudan is supposedly sending weapons to the rebels in Syria...in other words fuck em!
    George1
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    Post  George1 Fri Aug 14, 2015 7:29 pm

    Indonesia Seeks to Expand Ties With BRICS - Ambassador to Russia
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    par far


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    Post  par far Tue Sep 08, 2015 11:36 pm

    GarryB wrote:Better to find out now than later... especially when considering future relations regarding BRICSA...



    Who is the A for? Can wait until they add another I and V.
    GarryB
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    Post  GarryB Wed Sep 09, 2015 4:45 am

    Brazil, Russia, India, China, South Africa.

    Would love to see a lot of other countries join... Indonesia, Singapore, Peru, Chile, Thailand, Malaysia, pretty much any country in Asia, africa, and central and south america... the more the better.
    sepheronx
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    B.R.I.C.S. Discussion  - Page 4 Empty BRICS Discussion thread

    Post  sepheronx Wed Sep 09, 2015 6:03 am

    GarryB wrote:Brazil, Russia, India, China, South Africa.

    Would love to see a lot of other countries join... Indonesia, Singapore, Peru, Chile, Thailand, Malaysia, pretty much any country in Asia, africa, and central and south america...  the more the better.

    It would just be BRICS then, as South Africa is being accounted as just the S.

    The A would be Argentina if India's push for them to join becomes a success. Which I hope is the case (help Argentina get out of their mess as well as get another important country in the mix).
    higurashihougi
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    Post  higurashihougi Wed Sep 09, 2015 6:26 am

    sepheronx wrote:
    GarryB wrote:Brazil, Russia, India, China, South Africa.

    Would love to see a lot of other countries join... Indonesia, Singapore, Peru, Chile, Thailand, Malaysia, pretty much any country in Asia, africa, and central and south america...  the more the better.

    It would just be BRICS then, as South Africa is being accounted as just the S.

    The A would be Argentina if India's push for them to join becomes a success.  Which I hope is the case (help Argentina get out of their mess as well as get another important country in the mix).

    Actually I am praying for Vietnam to be qualified to join them......

    Had to re-educate the 10% anti-Russia first, though. attack
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    Post  Werewolf Wed Sep 09, 2015 7:25 pm

    Iran, Cuba and North Korea,Syria against discrimination of independent nations, together against hegemony of decadency worlds!

    BRICSICKS

    чики брики Very Happy
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    Post  Admin Thu Sep 10, 2015 12:07 am

    I think anything BRICS related should be put on hold until we get our economic difficulties sorted out. China was supposed to be the backbone of this but they are proving too unstable to back anything right now.
    George1
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    Post  George1 Thu Sep 10, 2015 1:50 pm

    Sudan Eyes BRICS Observer Status to Prevent Western Dominance

    Sudan plans to obtain observer status in the group of Brazil, Russia, India, China and South Africa in order to decrease Western dominance over global financial institutions.

    CAIRO (Sputnik) – Sudan is seeking observer status in the BRICS group of emerging economies to reduce Western dominance over global financial institutions, the republic’s foreign minister told Sputnik.

    "Sudan submitted a request to participate in the activities of the BRICS as an observer, because membership in the group is currently limited," Ibrahim Ghandour said.

    Ghandour, who spoke with Sputnik ahead of trilateral talks with the South Sudanese and Russian foreign ministers, said Khartoum also hopes to cooperate with BRICS through its New Development Bank.

    "We hope this group will be open, allowing it to become a major global economic union," he underscored.

    The Sudanese diplomat is expected to join talks with Russian Foreign Minister Sergei Lavrov and their South Sudanese counterpart Barnaba Marial Benjamin, at Russia’s invitation, in Moscow on Wednesday. The talks are scheduled to conclude on Friday.

    Ghandour said the request to attain observer status in the BRICS group was a reaction to the "form of economic intervention" on the part of Western countries through international financial institutions.

    "Therefore, Sudan supports any initiative that would eliminate any such dominance individually or collectively," Ghandour stressed.

    In August, Sudanese Finance Ministry Undersecretary Abdel-Rahman Dirar told Sputnik that Khartoum was taking initial steps to join BRICS, which includes Brazil, Russia, India, China and South Africa.

    Read more: http://sputniknews.com/politics/20150909/1026768758.html#ixzz3lKrrfGiE
    higurashihougi
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    Post  higurashihougi Thu Sep 10, 2015 2:17 pm

    Oh so Sudan publicly expresses its desire to decrease of Western influence ? Dunno if the West may plan a Maidan here or not.

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