Tag Archives: BRICS

CHINA AND INDIA: SNUBBING THE UN CLIMATE CHANGE MEETING

China and India, the two most populous countries in the world, in the BRICS alliance, and in the Shanghai Cooperation Organization (SCO) snubbed the UN climate change meeting last month in New York. And, rightfully so. The US and EU political attendees acted like the two most populous countries caused the climate change problem. The [...]

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BRICS IN THE G7 WALL

The emergence of BRICS (Brazil, Russia, India, China, and South Africa) has resulted in tremendous consternation for the G-7 alliance.  Why?  It all broils down to the monetary position of each alliance.  Currently, four of the five economies have foreign exchange reserves surpassing the combined foreign exchange reserves of the G-7(Canada, France, Germany, Italy, Japan, [...]

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