2--BRICS baby, BRICS; "Get used to it"
The five BRICS members alone represent over a quarter (26 per cent) of the earth’s land surface, nearly half of the world’s population (42 per cent), and nearly a third (27 per cent) of the world’s GDP – and growing rapidly.
A new multipolar world order
In Ufa, we are seeing the laying of the foundations of a truly multi-polar world order of independent powers – one that can and will deal with the West on its own terms.
Russian Deputy Foreign Minister Sergey Ryabkov said on Thursday, “BRICS is in fact an already established new center of the multipolar world and the new and more democratic system of international relations. BRICS is a phenomenon of the 21st century and here is its difference from military and political unions that come from another epoch and alliances of states built under a hierarchical principle.”
This is the face of 21st century international relations. Get used to it. It’s not going anywhere....
The most important developments of BRICS summit in Ufa are the coming into force of the BRICS NDB (New Development Bank) and the CRA (Contingent Reserve Agreement), a monetary “insurance pool” for the BRICS members to draw on in times of economic crisis for economic stability.
Together with the Chinese led AIIB (Asian Infrastructure Investment Bank), the NDB and CRA provide the foundation of an alternate, parallel, and supplemental global financial architecture...
As for the SCO summit in Ufa – the big event is that Pakistan and Iran, long observer states and applicants, will formally be offered full membership status.
3---Nigel Farage Blasts Obama's "Everything Is Awesome" Narrative, Explains Why Euro Was A Delusional Dream
Germany: A nation where rules will not be broken, where pedestrians wait for a green signal at empty intersections before they cross. And that is the way the Germans like it.
7--FDA Strengthens Warning of Heart Attack and Stroke Risk for Non-Steroidal Anti-Inflammatory Drugs
Who killed more Americans —al Qaeda crashing airplanes into the World Trade Center, or Merck pushing Vioxx?A: Merck, by a factor of 18.