Thursday, April 14, 2011

Here Comes The New World Order



China, Other Developing BRICS Nations Seek Change In Global Economic Order -- Washington Post

BOAO, China – With the United States and Europe still reeling from the 2008 financial crisis, five disparate developing countries led by China — large, populous, with growing economies — are using their combined clout to demand a larger voice and to upend the world’s traditional councils of power.

Brazil, Russia, India, China and newcomer South Africa, collectively known by the acronym BRICS, used their third summit meeting here on this southern Chinese resort island to call for a restructuring of the World War II-era global financial system and an eventual end to the long reign of the U.S. dollar as the world’s reserve currency.

Read more ....

More News On BRICS

BRICS vows to coordinate on political, economic issues -- The Hindu
South Africa joins the BRICS club, calls for reform of UN -- Christian Science Monitor
BRICS nations make the first move with local currencies -- The Hindu
BRICS nations talk economic reform -- Al Jazeera
News Analysis: What can world learn from BRICS summit in Sanya? -- Xinhuanet
A world that doesn't have to ask for America's permission… -- David Rothkopf, Foreign Policy
Full text of Sanya Declaration of the BRICS Leaders Meeting -- Xinhuanet

No comments: