IMF

BRICS economies moving away from recession

The currencies of three BRICS economies have steadily strengthened against the US dollar in recent weeks.
Brazil’s real, Russia’s ruble and South Africa’s rand have benefited from a ‘pause’ in the momentum to raise interest rates, particularly in the US.
All three countries have battled recession in contrast to BRICS members China and India, which are forecast to grow 6.7 per cent and 7.6 per cent, respectively, in 2016.
The rand is up nearly 15 per cent against the dollar in 2016 after suffering a significant slump in mid-2015.

How the Australian, British, and US Governments Shamelessly Helped Kill Countless People in Indonesia in 1965

Asia-Pacific Research – July 23, 2016 The Hague-based International People’s Tribunal has ruled that the Indonesian regime that replaced Indonesian President Sukarno committed crimes against humanity in 1965. The governments of Australia, Britain, and the United States have also been pronounced guilty as complicit partners in the massacre of 500,000 to 1000,000 people or more in […]