FrankRep
04-13-2011, 07:59 AM
http://d.yimg.com/a/p/rids/20110413/i/r1421063291.jpg?x=400&y=266&q=85&sig=GjOw5Uo1n5N3UG8bCpfo.w--
Emerging economies face watershed moment at summit (http://finance.yahoo.com/news/Emerging-economies-face-apf-451940140.html?x=0&.v=5)
Associated Press
April 13, 2011
SANYA, China (AP) -- The leaders of the world's largest emerging economies gather this week in southern China for what could be a watershed moment in their quest for a bigger say in the global financial architecture.
Thursday's summit comes at a crucial moment for the expanded five-member bloc known as the BRICS (http://en.wikipedia.org/wiki/BRIC), which groups Brazil, Russia, India, China, and, for the first time, South Africa.
Chinese President Hu Jintao, Brazilian President Dilma Rousseff, Russian President Dmitry Medvedev, Indian Prime Minister Manmohan Singh and South African President Jacob Zuma will attend.
With the G-20 group of major economies seeking to remake parts of the global financial architecture, it's time for the BRICS to test whether they can overcome internal differences and act as a bloc pursuing common interests.
...
Regardless of the outcome of such debates, the growth of the BRICS represents an important attempt to create new centers of influence and prevent domination of the world economic order by one or two major players, said South Africa's ambassador to Beijing, Bheki Langa.
"This formation plays a very important role in rebalancing the balance of forces on the world stage," Langa said.
...
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http://www.thenewamerican.com/images/stories/AP-11-2010/sorosb-ap.001.jpg
Leftist Billionaire George Soros
Leftist billionaire George Soros continues to make headlines with his disturbing sentiments regarding a new world order.
George Soros Touts China as Leader of New World Order (http://www.thenewamerican.com/index.php/world-mainmenu-26/north-america-mainmenu-36/5226-george-soros-touts-china-as-leader-of-new-world-order)
Raven Clabough | The New American (http://www.thenewamerican.com/)
17 November 2010
Emerging economies face watershed moment at summit (http://finance.yahoo.com/news/Emerging-economies-face-apf-451940140.html?x=0&.v=5)
Associated Press
April 13, 2011
SANYA, China (AP) -- The leaders of the world's largest emerging economies gather this week in southern China for what could be a watershed moment in their quest for a bigger say in the global financial architecture.
Thursday's summit comes at a crucial moment for the expanded five-member bloc known as the BRICS (http://en.wikipedia.org/wiki/BRIC), which groups Brazil, Russia, India, China, and, for the first time, South Africa.
Chinese President Hu Jintao, Brazilian President Dilma Rousseff, Russian President Dmitry Medvedev, Indian Prime Minister Manmohan Singh and South African President Jacob Zuma will attend.
With the G-20 group of major economies seeking to remake parts of the global financial architecture, it's time for the BRICS to test whether they can overcome internal differences and act as a bloc pursuing common interests.
...
Regardless of the outcome of such debates, the growth of the BRICS represents an important attempt to create new centers of influence and prevent domination of the world economic order by one or two major players, said South Africa's ambassador to Beijing, Bheki Langa.
"This formation plays a very important role in rebalancing the balance of forces on the world stage," Langa said.
...
====
http://www.thenewamerican.com/images/stories/AP-11-2010/sorosb-ap.001.jpg
Leftist Billionaire George Soros
Leftist billionaire George Soros continues to make headlines with his disturbing sentiments regarding a new world order.
George Soros Touts China as Leader of New World Order (http://www.thenewamerican.com/index.php/world-mainmenu-26/north-america-mainmenu-36/5226-george-soros-touts-china-as-leader-of-new-world-order)
Raven Clabough | The New American (http://www.thenewamerican.com/)
17 November 2010