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AIIB and BRICS bank not rivals but complimentary – economy minister
The China-led Asian infrastructure and Investment Bank (AIIB) and BRICS New Development Bank (NDB) can coexist, Russian Minister of Economic Development Aleksey Ulyukayev told RT ahead of the key BRICS/SCO summits in Russia.

07.07.2015 14:31

BRICS bank, Greece & Ukraine headline BRICS/SCO summits – presidential aide
Ahead of the landmark BRICS/SCO summits in Russia’s Ufa, Putin's top aide Yury Ushakov speaks to RT, Vesti and RIA on the key topics of the forums’ agendas, including the BRICS New Development Bank, Iran joining SCO, and crises in Greece and Ukraine.

07.07.2015 08:28

Greece may apply for BRICS bank, but not discussed officially – Putin's aide
The issue of Greece joining the BRICS bank hasn’t been officially discussed, one of President Putin’s top aides Yuri Ushakov told RT, Vesti and Ria, commenting on media reports that Athens had been invited to join the institution.

07.07.2015 05:14

BRICS could sign economic cooperation in 5yrs - minister
The BRICS countries may sign an agreement on economic integration in the next 5 years, says Russia’s Deputy Economic Development Minister Alexei Likhachev. Russia will offer a ‘road map’ at the BRICS summit in Ufa this week, he said.

06.07.2015 08:13

​China to become biggest outward investor in 5ys – research
China is expected to become the world’s biggest overseas investor by 2020. Beijing’s global offshore assets will likely triple from $6.4 trillion, to more than $20 trillion by then, says research reported in the Financial Times (FT).

26.06.2015 07:34

Ufa ready to host BRICS and SCO summits - republic's head to RT
Russia’s Bashkortostan is ready to host the 7th BRICS summit and the Shanghai Cooperation Organization (SCO) summit in the capital Ufa, the republic's president Rustem Khamitov told RT. It’s hoped the events will bring the region to a new level, he said.

25.06.2015 12:06

​BRICS starts examining SWIFT alternative
The BRICS members have kicked off consultations on an alternative to the global SWIFT system that processes about 1.8 billion financial messages annually, said Russian Deputy Foreign Minister Sergey Ryabkov.

17.06.2015 08:54

​Russia cuts US debt holding by more than 40% over year
Russia held US Treasury bills worth $66.5 billion as of April this year, according to the latest monthly report from the US Treasury. That compares with the $116.4 billion held a year ago.

16.06.2015 07:00

​BRICS should strive towards single market, promote tools for global economy control – China
The BRICS countries should move toward a single trade and economic market, as well as looking to create and promote projects and tools for global economy control, Zhang Dejiang, a member of the Chinese National People’s Congress said.

08.06.2015 16:16

​GDP of BRICS could surpass G7 in 2-3 years - senior Duma MP
The GDP of the BRICS countries may surpass that of the G7 within two or three years, as it has already hit $32.5 trillion and rising, claims State Duma Foreign Relations chief Aleksey Pushkov.

08.06.2015 11:33

Wikileaks releases ‘largest’ trove of docs exposing secret TiSA trade deal
WikiLeaks has published 17 secret documents related to a controversial trade agreement currently being negotiated behind closed doors between the US, EU and over 20 WTO members. NGO Global Justice Now called the leak “a dark day for democracy.”

03.06.2015 21:00

China: Silk roads and open seas
Beijing’s disclosure earlier this week of its latest military white paper, outlining a new doctrine moving beyond offshore defense to “open seas” defense, predictably rattled every exceptionalist’s skull and bone.

29.05.2015 14:57