Posts Tagged ‘russia’

BRICS Nations Seek To Unseat Western-dominated World Bank

Vladmir Putin

Newscast Media MOSCOW—Russian President Vladimir Putin plans to visit Cuba,
Argentina and Brazil later this month, the Kremlin press service said in a statement
Friday. The president is to visit Latin America and attend a summit of the BRICS
group of five major emerging economies (Brazil, Russia, India, China, and South
Africa) on July 11-16.

“On the sidelines of the BRICS summit, Putin is scheduled to meet with leaders of
China, India and South Africa, as well as with a number of Latin American leaders,”
the Kremlin said.

The sixth BRICS summit is due to be held in northeastern Brazil’s Fortaleza on July 15.
Argentina is to participate in the summit at Russia’s invitation. At the meeting, the
BRICS countries plan to discuss the possible admission of Argentina as the sixth
member country.

Brazil, Russia, India, China and South Africa are currently working on setting up a
BRICS development bank as an alternative to the Western-dominated World Bank and
the International Monetary Fund. The idea was proposed by India at a 2012 meeting
of the organization’s finance ministers in Mexico.

The five BRICS countries represent almost three billion people, with a combined
nominal GDP of $16 trillion and an estimated $4 trillion in combined foreign reserves.

Source: Ria Novosti


Be the first to comment - What do you think?  Posted by Joseph Earnest - July 4, 2014 at 8:48 pm

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Russian government condemns arrest of alleged spies

Obama and Medvedev

Newscast Media — The Russian government has condemned the FBI’s arrest of 11 secret agents as “deplorable” at a tine when The Kremlin is trying to improve relations with Washington. The defendants have been classified as “illegals” working deep undercover with false identities, to infiltrate U.S. government policy-making circles.

The scandal comes just days after Russian president Medvedev met with Obama, on a visit designed to portray improved relations between Russia and the U.S.

Russian Foreign Minister, Sergei Lavrov said, “The only thing I can say today is that the moment for making the arrests has been chosen with special elegance.” Each of the 10 was charged with conspiracy to act as an agent of a foreign government, which carries a maximum sentence of five years in prison.

Court papers allege that the defendants led ordinary lives”deepening” their false identities by taking ordinary jobs, living as married couples, having children and even trying to buy homes in the US.

Prosecutors claim: “Illegals will sometimes pursue degrees at target-country universities, obtain employment, and join relevant professional associations; these activities deepen an illegal’s ‘legend’.”

“Illegals often operate in pairs – being placed together by Moscow Centre while in Russia, so that they can live together and work together in a host country, under the guise of a married couple.”

Be the first to comment - What do you think?  Posted by Joseph Earnest - June 29, 2010 at 4:59 pm

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