Putin warns North Korea situation on verge of ‘large-scale conflict’
Russian President Vladimir Putin warned on Friday that the tense standoff between North Korea and the United States was on the verge of large-scale conflict and said it was a mistake to try to pressure Pyongyang over its nuclear missile program.
BRICS to Launch Its Version of the World Bank
Brazil, Russia, India, China and South Africa — the BRICS nations — will launch their own version of the World Bank this week.
BRICS Nations Setting Up $100 Billion Fund
The BRICS nations are setting up a $100-billion fund to steady currency markets, as well as a development bank.
BRICS Join to End Dollar Dominance
Russia and China will meet to continue negotiations of its ruble-yuan swap deal next week, in its quest to end the dominance of the dollar, the Voice of Russia reported.