BRICS Bank: The End of World Bank

The BRICS nations' rebellion against Western-run pillars of the global financial system is more than just a political gesture: The BRICS bank is a threat and a bargaining tool.

Brazil says will cancel Africa debt worth $900 mln

Brazil will cancel or restructure almost $900 million in debt owed by African countries as part of a plan to increase future funding to the continent.

President Rousseff pledges to double Brazilian per capita income by 2022

April 14, 2013 (TSR -MERCOPRESS) - Brazilian President Dilma Rousseff said on Friday that the government intends to double per capita income by 2022, when Brazil celebrates 200 years...

OFFICIAL Statement by BRICS Leaders on the establishment of the BRICS-Led Development Bank

by Staff Reporter March 27, 2013 (TSR ) - The leaders of five emerging economic powerhouses, Brazil, Russia, India, China and South Africa, released a statement this afternoon, local time...

President al-Assad Calls upon BRICS to Contribute to Halting Violence in Syria

by M. Nassr March 27, 2013 (TSR-SANA) - President Bashar al-Assad on Wednesday called upon the leaders of the BRIC S countries to join efforts to reach an immediate halt to...

March 26-27, the World Changed: BRICS to launch ‘Fair’ Dev Bank to Challenge ‘Unfair’...

Mar. 26, 2013 (TSR-Agencies) - The Brics grouping of emerging powers on Tuesday reached a deal to establish a development bank that would rival Western-backed institutions, Finance Minister Pravin...

BRICS, key element to Multipolar World Order, a More Balanced and Just system –...

As the initiator of the BRICS format, Vladimir Putin said that the Russia sees the work within this group among its foreign policy priorities.

China’s Soon to be New President Xi Jinping will attend 5th BRICS Summit in...

March 9, 2013 (TSR) - China's new president will attend the fifth summit of BRICS countries' leaders in South Africa, Foreign Minister Yang Jiechi said to Xinhua on Saturday. "The...

World Peace: India, Russia Agree to Promote Multipolar World, Back Iran’s Nuclear Program (Synopsis,...

Dec. 25, 2012 (TSR) - The President of the Russian Federation, H.E. Vladimir V. Putin paid an official visit to New Delhi on Dec 24, 2012 for the 13th...

What is China really doing in the gold markets?

by Lawrence (Lawrie) Williams, Technical and Mining Expert Analyst October 26, 2012 (TSR) - Perhaps the biggest conundrum facing gold investors is China.  What is it really doing?  Is it...

Brazil’s gold reserves rise for first time since Dec 2008

October 26, 2012 (TSR) - Brazil increased its gold reserves for the first time since December 2008 at a time when investors raised holdings in exchange-traded products to a record. Brazil's holdings...

Brazil warns any attack on Iran could have dire consequences

Brazilian President Dilma Rousseff has once again voiced opposition to any military attack on Iran's nuclear energy facilities, warning it would have serious repercussions for the region.