Brazil, Russia, India, China and South Africa meet in New Delhi to create an opposing front to US led NATO, World Bank, and IMF
Balaji Reddy
Mar. 29, 2012

Prime Minister Manmohan Singh will play host to President Dilma Rousseff of Brazil, President Dmitry Medvedev of Russia, President Hu Jintao of China and President Jacob Zuma of South Africa at the summit.

The world eagerly watches the five future economic and military superpowers of the world representing world's half the population.

BRICS, touted as the new growth poles of the world, accounts for 25% of the global GDP, 18% of trade, 40% of the world's foreign exchange, and nearly half its population. Since the last summit in Sanya, China, the grouping has decided to add greater political content to deliberations. The leaders will focus on fostering the intra-group trade, which has grown to an impressive 28% over the last few years. The key outcomes of the summit in this regard are the announcement of a study group for the BRICS bank and the two enabling protocols for implementing the inter-banking agreement, which includes part-credit financing in local currencies subject to domestic laws.

Brazil, Russia, India, China and South Africa meet in New Delhi to create an opposing front to US led NATO, World Bank, and IMF
Balaji Reddy
Prime Minister Manmohan Singh will play host to President Dilma Rousseff of Brazil, President Dmitry Medvedev of Russia, President Hu Jintao of China and President Jacob Zuma of South Africa at the summit.
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President Barack Obama has said that the massacre of 16 villagers by a US soldier raises his determination to get American troops out of Afghanistan
Kiran Chaube
Exiting Afghanistan is not the issue. Hiring and training security personnel with human rights issues and sensitivity to other cultures and religions is the issue. Because there are non-whites non-Christians living in America who are American citizens.
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Government of India secretly monitoring Indian citizens taking money from foreign NGOs similar to Bloomberg's monitoring of Northeast campuses in US
Special correspondent
The Governments in US and India care little about freedom of their own citizens in the name of counter-terrorism measures.
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Mayor Bloomberg using NYPD to monitor Muslim students at the insistence of influential Jewish American block
Kiran Chaube
Yale President Richard Levin was among a number of academics who condemned the effort in a statement Monday, while Rutgers University and leaders of student Muslim groups elsewhere called for investigations into the monitoring.
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Scores of Tibetan activists held a peaceful protest outside the White House seeking freedom for Tibet as Chinese Vice-President Xi Jinping arrived in the USA
Tanmay Lahiri
'We are trying to urge Obama to raise the Tibetan issue with Xi and tell him that people of Tibet now really want religious freedom,' said Gonpo Tsewang, a Tibetan leader from New York-New Jersey area.
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US Federal Trade Commission intensified its crackdown on the booming debt-collection industry
Special Correspondent
US officials Officials said they are investigating other companies for alleged violations of federal law and expect to announce more enforcement actions soon.
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Worldwide stocks are rising today as Greece’s Prime Minister said debt-swap talks have made progress and Japanese production jumps
Dayal Hutiopa
The factory output in Japan climbed the most in seven months and Greece’s Prime Minister said debt-swap talks have made progress. Oil and the euro advanced.
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