Leaders of BRICS Countries to Hold Negotiations Before G20 Summit!
- Considering the fact that the Russian Ruble is under constant attack by the west, it should come as no surprise should the BRICS decides counter-measures. As many as 100+ nations have agreed to the return to the gold standard. The announcement was supposed to have been made in Feb 2014. But the United States refused to comply and instead started a few wars: Ukraine, ISIS(ISIL) terrorism in Iraq and Syria … ie “F*** You!”
– - The message from Russia and China (BRICS alliance) is very clear: an all out assault of the western global hegemony. Total replacement: BRICS Development Bank to replace IMF / World Bank, alternative Russo-SWIFT to do away with Anglo-SWIFT, BRICS Central Bank (Gold Backed), Gold Trade Settlement system instead of USD, Ruble-Yuan oil settlement instead of USD … etc. The question is whether they will up their schedule from Feb 19, 2015 Chinese New Year period to much earlier, for an announcement on Gold revaluation and Gold Trade Settlement system. Ie. Bye bye USD! Bye bye Gold/silver price suppression.
– - Leaders of BRICS countries to hold negotiations before G20 summit!
by http://rbth.co.uk/
The leaders of the BRICS countries will meet before the G20 summit in Brisbane, Australia, Russian presidential aide Yury Ushakov said.
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“The main task is to reach agreements on the main issues on the agenda of the G20 summit. Specifically, the meeting will address the implementation of the decision to launch the new BRICS Development Bank and the pool of contingent currency reserves with a total capital of $200 billion, which was mentioned in the previous summit,” Ushakov told a briefing on Friday.
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Ushakov said special attention will be given at the BRICS meeting to issues relating to the reform of international financial institutions, specifically, redistribution of IMF quotas.
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“The BRICS countries favor prompt implementation of the 2010 agreements as the most just and meeting the modern economic reality,” he said. Ushakov said the meeting will also address international issues, specifically, the intensification of the interaction between the BRICS countries in the settlement of regional conflicts, issues relating to the non-proliferation of weapons of mass destruction, counterterrorism, drug threat, and international information security.
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Ushakov reiterated that Russia plans to give attention to trade expansion and increasing technological and industrial cooperation.
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The BRICS countries create almost 30% of the world’s GDP ($15.4 trillion) and make up the world’s largest market because some 3 billion people (40% of the planet’s population) live in these countries.
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Ushakov said the gold and currency reserves of the BRICS countries are approaching $5 trillion and the amount of mutual trade within BRICS had almost doubled in the past five years, from $170 billion to $300 billion. Ushakov reiterated that the upcoming BRICS meeting is especially important to Russia because Russia is the next chair of the organization. “The next BRICS summit will be held in Ufa on July 8-9, 2015, simultaneously with the SCO summit,” he said.
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