Organizing Notes

Bruce Gagnon is coordinator of the Global Network Against Weapons & Nuclear Power in Space. He offers his own reflections on organizing and the state of America's declining empire....

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Location: Brunswick, Maine, United States

I'm back to work for the Global Network. Will continue to help Lisa Savage for US Senate campaign on my free time. Trying to self-isolate as much as possible. Best wishes and good luck to you all.

Wednesday, March 27, 2013

WHAT IS BRICS?



A new powerful institution, the BRICS joint development bank, is set to emerge on the international financial arena - that's as the 5th annual summit of the world's fastest emerging economies has kicked off in South Africa.

The leaders of Brazil, Russia, China, India and the host nation this year are joined by Egypt's president Morsi - who's hoping to book a place in the club. RT's Alexey Yaroshevsky has more.

Update:  The BRICS group has unveiled a new development bank, which is aimed at breaking the monopoly held by Western-backed institutions. Under the deal, the two largest economies of the emerging power groups, China and Brazil, agreed to remove nearly half of their trade exchanges out of the US dollar zone. See more here

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