The process of bloody globalization going on a rampage is slowly becoming a thing of the past as raw awakening is gradually stepping in. The US blitzkrieg aimed at achieving global dominance controlled by Washington under the slogan of «unipolar democracy» is seen as a failure by the rest of the world. But the administration of Obama is not ready to concede defeat and continues to be seeking pretexts to start wars using provocations and black propaganda to create the images of enemies. Brazil, Russia, India, China and South Africa – the countries which make up the group of BRICS drastically change the contemporary world. One of the trends is doing away with the financial system that emerged after the Second World War. BRICS wants to put an end to the dollar dominance or the use of green funny money to buy everything that has material value accompanied by constant cheating on the part of the United States. Speaking at the VI BRICS summit in Brasilia (July 15-16), President Vladimir Putin said the reform of international financial-currency system has become ripe since a long time ago because it was putting the group at disadvantage and hindering the progress of new world economies, «In the BRICS case we see a whole set of coinciding strategic interests. First of all, this is the common intention to reform the international monetary and financial system. In the present form it is unjust to the BRICS countries and to new economies in general. We should take a more active part in the IMF and the World Banks decision-making system. The international monetary system itself depends a lot on the US dollar, or, to be precise, on the monetary and financial policy of the US authorities. The BRICS countries want to change this». There is an urgent need to include BRICS as an equal partner into the decision making process of the International Monetary Fund and the World Bank. In Fortaleza BRICS signed the Declaration and Joint Plan of Action. The declaration reflects the common vision of contemporary political and economic situation in the world and defines the plans of further cooperation. The plan sets the missions to carry out till the next summit to take place in Russia in 2015. All global media outlets reported about the setup of the New Development Bank (NDB) with the headquarters in Shanghai and the $100 billion BRICS contingency reserve arrangement (CRA) will be raised from the member countries’ central bank reserves while capital for the group’s development bank will come from national budgets. According to President Putin, «BRICS Bank will be one of the major multilateral development finance institutions in this world.» «In terms of escalating international competition the task of activating the trade and investment cooperation between BRICS member states becomes important,» the Russian leader said. Bringing emerging economies closer has become vital at a time when the world is guttered by the financial crisis and BRICS countries can’t remain above international problems, said Brazils President Dilma Rousseff. She cautioned the world not to see BRICS deals as a desire to dominate. «We want justice and equal rights,» she said. «The IMF should urgently revise distribution of voting rights to reflect the importance of emerging economies globally,» Rousseff said. According to the Brazilian President, the group has to great extent mitigated the negative impact of the global crisis on world finances and the economic growth. The creation of the new development Bank and the BRICS contingency reserve arrangement (CRA) shows that no matter cultural, ethnic and linguistic differences exist, the group is ready to create a sound and positive strategic alliance to counter instability on international arena. Dilma Rousseff emphasizes that the group has emerged not to get together against anyone but to serve its own interests. She believes BRICS facilitates the prosperity of the planet. strategic-culture.org/news/2014/07/18/brics-against-dollar-dominance-us-global-stronghold-evil.html
Posted on: Mon, 21 Jul 2014 09:06:39 +0000
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