Tag - brics

 
 

BRICS

COMMENTARY / Japan
Aug 11, 2014
Building global support for a new economic balance
The proposed BRICS-led development bank sounds promising for developing countries in Asia and Africa, as it may exercise indirect influence on the activities of those development banks that reflect the intentions of their national governments.
COMMENTARY / World
Jul 22, 2014
Geopolitics trumps economics
Western countries' insensitivity toward others' voices, values and interests lies behind the creation and evolution of BRICS (Brazil, Russia, India, China and South Africa), whose New Development Bank will give priority to loans for developing countries to finance infrastructure projects and industrialization.
COMMENTARY / World
Jul 22, 2014
Success of Chinese reform is key to BRICS' rise
Last week, BRICS (Brazil, Russia, India, China and South Africa) took a decisive step toward building institutions that could plausibly challenge the long geopolitical and economic ascendancy of the West. But Vladimir Putin's posturing at the meeting just hours before a Malaysia Airlines jetliner was shot down in Ukraine was one indication of the group's inability to offer an acceptable moral and political alternative to Western hegemony.
EDITORIALS
Jul 21, 2014
Banking on the BRICS
The financial heft of the BRICS group — Brazil, Russia, China, India and South Africa — has just advanced a step, at least symbolically, with its decision to launch the New Development Bank. A $100 billion reserve fund will be available to members that face a foreign exchange crisis.
WORLD / Politics
Jul 15, 2014
BRICS neutrality on Ukraine a victory for Putin
A summit of the BRICS group of emerging market countries will abstain from criticizing Russia's recent actions in Ukraine, Brazilian officials said, a diplomatic victory for President Vladimir Putin.
COMMENTARY / World
Jul 14, 2014
A consensus for giving BRICS more leverage
Leaders of the BRICS countries (Brazil, Russia, India, China and South Africa) travel to Brazil this month with the hope of establishing a new development bank and a reserve currency pool arrangement.
COMMENTARY / World
Jun 11, 2014
U.S. foreign policy marked by blatant hypocrisy
It is a truth universally acknowledged that behavior by others inconsistent with social norms is condemned as hypocrisy but similar discrepancies in our own conduct is rationalized as understandable prioritization in the face of multiple goals. When the military deposed Egypt's first freely elected president,...
COMMENTARY / World
Aug 8, 2013
Cross-purpose BRICS scheme
The absence of developed cooperative ties and of commercial turnover growth within the BRICS grouping may only perpetuate existing structural differences.

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