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.

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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.

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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.

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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.

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