The end of Western dominance of the global financial and economic order
From Caribbean360 NEW DELHI, India, Friday July 25, 2014, IPS – The sixth BRICS Summit which has just ended in Brazil marks the transition of a grouping based hitherto on shared concerns to one based on shared interests.Since the inception…
The new Bank of BRICS: What’s in it for small economies?
By Sir Ronald Sanders From Huntington News It is news that should awaken the World Bank and the International Monetary Fund (IMF) from their complacent attitude toward developing countries. It is also news that should confirm to the G20 that…
BRICS challenge the US dollar’s status
By Ashish Advani From Moneynews I have often spoken to you about the health of the U.S. dollar and how it is failing. The state of the U.S. fiscal deficit is the prime cause of the ill-health, as the deficits…
