One
of the key documents outlining an economic partnership strategy for the BRICS
nations, which will be discussed at an upcoming summit in the Russian city of
Ufa is nearly complete, Russian Deputy Foreign Minister Sergei Ryabkov said. "We have never doubted the focus of BRICS
on economic issues and therefore this is why, when the preparation for Russia's
chairmanship in the association began, naturally the topic of what our
contribution would be and what added value the Russian chairmanship would give
came up. The development of the economic partnership strategy has already
begun, and this document is practically finished," Ryabkov told RIA
Novosti. Ryabkov said the document would
not be a declaration from the parties involved, but is quite detailed. "It too early to discuss the document's
contents because the procedure of its agreement has not been completed, but we
are quite sure that the document will be published in Ufa and will become one
of the summaries in the high level meetings," Ryabkov said. BRICS is a bloc of emerging economies
comprising Brazil, Russia, India, China and South Africa. The upcoming meeting
will occur in Ufa on July 9-10 and will become the group's seventh summit.
Russia currently holds the presidency of the group. June 17 http://sputniknews.com/world/20150617/1023459812.html
The
upcoming meeting of the BRIC nations is to take place at Ufa on July 9-10
coinciding with the last quarter Moon of the current lunar cycle. A chart for
the Moon phase at Ufa is shown here. It
is obviously very significant for the place since it not only straddles the
meridian but highlights the current Uranus-Pluto square.
About the
dominating Uranus-Pluto square Bill
Herbst writes:
The alignment
indicates a breakdown in our largest institutions (Capricorn) that starts from
within the institutions themselves as an egregious overplaying of their power
in ways that are clearly self-serving rather than for the greater good (Pluto),
which is then furthered by an unexpected rebellion (Uranus) against
institutional malfeasance, a seemingly spontaneous insurrection that occurs
from the ground level up, fomented by individuals (Aries) who stand up in
protest against the oppressive influence of such institutions. Actually, these
insurrections aren’t spontaneous; they’ve been brewing invisibly under the
surface, slowly heating up as discontent with the status quo grows. Such
rebellions manifest as potent and disruptive forces in the collective, however,
only after critical mass is reached at the boiling point, so that they appear
to arise full-blown and without precedent, as if out of nowhere.
In the
present context, Bill Herbst’s commentary is prescient. BRIC nations have started The New Development
Bank (NDB), formerly referred to as the BRICS Development Bank as an
alternative to the existing US-dominated World Bank and International Monetary
Fund. A growing number of countries,
mainly in Asia, Latin America and Africa, are expressing interest in the
activities of the NDB. In many ways this
is a rebellion against existing institutions
that will lead to an objective
reduction of the weight of the founding fathers of the Bretton Woods system in
the global financial and economic architecture.
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