Wednesday, July 23, 2014

Russia china india victory with brics

Thick as the brics

e Importance of BRICS Bank Is Slowly Sinking In

After a spate of articles trashing the BRICS proposed New Development Bank that appeared in the western press, some pundits have now begun to acknowledge the importance of setting up the bank and trying to figure out why the BRICS chose to do it.

Putin Plans BRICS "Energy Association," Including Nuclear Fuel Bank

During the BRICS Summit last week in Brazil, Russian President Putin announced that there are plans to establish a BRICS "energy association," which will include a nuclear fuel reserve bank, and an energy policy institute.

Russia, China and India Push for Next-Generation Reactors

Russia plans to start construction of three BN-1200 sodium-cooled fast neutron reactors before 2030, the director general of Rosenergoatom, Evgeny Romanov, said on July 21.

China and Brazil Extend Their Successful Remote Sensing Space Project

China and Brazil will move ahead with their China-Brazil Earth Resources Satellite (CBERS) program, adding a new satellite, and considering more in the future, the director of China National Space Administration, Xu Dazhe, said yesterday.

Former Ambassador Chas Freeman: BRICS Summit Means End to Sanctions Blackmail on Iran

Appearing at a July 21 Capitol Hill forum sponsored by the Middle East Policy Council, former US Ambassador to Saudi Arabia and Assistant Secretary of Defense Chas Freeman, not only tore into the Bush-Cheney and Obama administrations' destruction of US foreign policy, particularly in the Middle East. He issued a stark warning that the world is turning away from American unilateral leadership and is embarking on a new direction, epitomized by the recent BRICS summit in Brazil. Freeman brought the BRICS summit right back into the discussion of "Obama's Foreign Policy and the Future of the Middle East" by noting that Iran has undoubtedly taken careful note of the full implications of the BRICS developments. If the BRICS countries succeed in creating new trade arrangements in local currencies and actually bypass the SWIFT system of New York clearinghouse banks, it will no longer be possible to impose global US and European Union sanctions with any teeth. "They've cooked their own goose," he noted with considerable glee.
The full text of Freeman's speech is on his website, and the entire conference video and transcript will be posted shortly on www.mepc.org. The other speakers, Ken Pollack, Paul Pillar, and Amin Tarzi, all panned the successive failures of Bush-Cheney and Obama, and all singled out the 2003 US-UK invasion of Iraq and the overthrow of Saddam Hussein as the greatest US policy blunder in decades.

Denmark's Jyllands-Posten Has Thoughtful BRICS Editorial

Jyllands-Posten, Denmark's largest newspaper, had an editorial, "The BRICS Want To Do It Themselves," in the July 21 issue, which is thought-provoking and useful. The following translation was provided, of which we provide excerpts:

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