BRICS

Venezuelan President Maduro tells Russia its time to ditch the Dollar and embrace the Rouble and Yuan

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Russia’s nuclear diplomacy has returned Moscow’s global strategic reach

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Dire Straits: What is behind Donald Trump’s UN General Assembly Speech

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Brazil gov’t says GDP growth could hit 3% in 2018

Temer has vowed since replacing Dilma Rousseff as president that he will make sure austerity and reform packages are passed through the Senate in a bid to revive the economy and boost business confidence [Xinhua]
A combination of falling interest and inflation rates and a boost in consumer and business confidence is signalling that the Brazilian economy, one of the worst faring in BRICS for the past four years, is finally turning a corner.

America fears China’s geo-political power more than China’s economic might

The Bannonite wing of the new American right is angry about China. The anger stems primarily from the fact that China’s manufacturing has outpaced that of the US and economies similar to that of the US, which in turn has arguably been a cause of US industrial decline.
Steve Bannon recently gave a speech in the Chinese island of Hong Kong where he stated that while the US is at “economic war” with China, but that nevertheless he and Donald Trump admire China and President Xi Jinping in particular.