{"id":9941,"date":"2015-07-11T07:21:28","date_gmt":"2015-07-11T12:21:28","guid":{"rendered":"http:\/\/olduvai.ca\/?p=9941"},"modified":"2015-07-11T07:21:28","modified_gmt":"2015-07-11T12:21:28","slug":"putin-leads-brics-uprising","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=9941","title":{"rendered":"Putin Leads BRICS Uprising"},"content":{"rendered":"<h3 class=\"headline\"><a href=\"http:\/\/www.counterpunch.org\/2015\/07\/10\/putin-leads-brics-uprising\/\" rel=\"bookmark\">Putin Leads BRICS Uprising<\/a><\/h3>\n<p>There\u2019s been a virtual blackout of news from this year\u2019s seventh annual BRICS summit in Ufa, Russia.\u00a0 None of the mainstream media organizations are covering the meetings or making any attempt to explain what\u2019s going on.\u00a0 As a result, the American people remain largely in the dark about a powerful coalition of nations that are putting in place an alternate system that will greatly reduce US influence in the world and end the current era of superpower rule.<\/p>\n<p>Let\u2019s cut to the chase: Leaders of the BRICS (Brazil, Russia, India, China and South Africa) realize that global security cannot be entrusted to a country that sees war as a acceptable means for achieving its geopolitical objectives.\u00a0 They also realize that they won\u2019t be able to achieve financial stability as long as Washington dictates the rules, issues the de facto \u201cinternational\u201d currency, and controls the main levers of global financial power. This is why the BRICS have decided to chart a different course, to gradually break free from the existing Bretton Woods system, and to create parallel system that better serves their own interests. Logically, they have focused on the foundation blocks which support the current US-led system, that is, the institutions from which the United States derives its extraordinary power; the dollar, the US Treasury market, and the IMF. Replace these, the thinking goes, and the indispensable nation becomes just another country struggling to\u00a0get by.\u00a0 This is from the\u00a0<em>Asia Times:<\/em><\/p>\n<blockquote><p>\u201cLeaders of the BRICS\u2026 launched the\u00a0 New Development Bank, which has taken three years of negotiations to bring to fruition. With about $50 billion in starting capital, the bank is expected to start issuing debt to fund infrastructure projects next year. They also launched a foreign-exchange currency fund of $100 billion.<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Putin Leads BRICS Uprising There\u2019s been a virtual blackout of news from this year\u2019s seventh annual BRICS summit in Ufa, Russia.\u00a0 None of the mainstream media organizations are covering the meetings or making any attempt to explain what\u2019s going on.\u00a0 As a result, the American people remain largely in the dark about a powerful coalition [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[90,1860,130,5493,418,422,496,7202,5483,694,3701,827],"class_list":["post-9941","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-brazil","tag-brics","tag-china","tag-counterpunch","tag-imf","tag-india","tag-mainstream-media","tag-mike-whitney","tag-new-development-bank","tag-russia","tag-south-africa","tag-united-states"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9941"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9941\/revisions"}],"predecessor-version":[{"id":9942,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9941\/revisions\/9942"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}