Anyone following this? I fear they will become more powerful than the European Union.
If they decide to create their own gold-backed currency, the US dollar will tank.
They will be meeting for 2 days in South Africa. Putin will not be there.
For links see article source.....
Posted for fair use.....
http://www.atimes.com/article/russia-china-plan-north-korea-stability-connectivity/
The Russia-China plan for North Korea: stability, connectivity
Moscow has been busy building agreements that would extend Eurasian connectivity...
Hummm......
For links see article source.....
Posted for fair use.....
http://indianexpress.com/article/opinion/columns/a-new-bretton-woods/
A new Bretton Woods
Older multilateral institutions must adjust to new world order, or see more AIIBs, BRICS banks emerge.
Written by Janmejaya Sinha...
Posted for fair use......
http://the-diplomat.com/2011/04/22/is-brics-a-real-bloc/
Is BRICS a Real Bloc?
East Asia | Politics | China
April 22, 2011By Richard Weitz
Tensions and diverging interests between China and Russia loomed large over the group’s latest meeting. Will BRICS ever find a...
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