Tag Archive: Russia and China Have Had Enough of Western Banking

Russia and China Have Had Enough of Western Banking

Russia and China Have Had Enough of Western Banking CNN notices the major geopolitical shift of our time This article originally appeared at CNN Money President Vladimir Putin approved a new $100 billion reserve fund over the weekend that will specifically aid the BRICS nations: Brazil, Russia, India China and South Africa. It’s another step by the BRICS to build an alternative so they don’t have to go to the United States or the International Monetary Fund for any financial help. BRICS leaders first agreed on the new fund — seen by many as a power play against the west… View Article