By Pepe Escobar, Asia Times As Cold War 2.0 between the U.S. and Russia remains far from being defused, the last thing the world needs is a reincarnation of Bushist hawk Donald “known unknowns” Rumsfeld. Instead, the — predictable — “known known” we get is Pentagon supremo Ash Carter. Neocon Ash threw quite a show … Continue reading
“The upcoming BRICs and the Shanghai Cooperation Organization (SCO) summits would unite countries for development, peace and security of the region and world, visiting Chinese Foreign Minister Wang Yi said here [Moscow] Wednesday,” Xinhuanet reports. During the meeting in Moscow with Sergei Lavrov, Russian FM, Mr Wang expressed his full support for the two summits … Continue reading
Western countries have withdrawn from BRICS countries more than $3.5 trillion over the last 10 years to suppress the group, said Russian Security Council Secretary Nikolay Patrushev, adding that nearly half of the sum was pulled out in the last 3 years. “West is using International financial institutions as leverage more and more often. Our … Continue reading
The New Development Bank (NDB), or the BRICs bank, is set to begin operations in July, according to a report from Russian news agency RIA Novosti. “Russia has fulfilled its part of the work required to create the New Development Bank of BRICS. It is assumed that the entire formation process of this new institution will be completed … Continue reading
Chinese President Xi Jinping called on the world’s nations on Saturday to support Beijing’s ideas for the new Asian Infrastructure Investment Bank (AIIB) and its new “Silk Road” strategy to create a ‘new regional order’ in Asia. In his keynote address at the annual Boao Forum titled “Asia’s New Future: Towards a Community of Common Destiny”on Hainan island … Continue reading