On Eve of BRICS Summit, Atlantic Nations Push Green Death, Pacific Pushes Development
July 8, 2014 • 9:20PM

Updated July 8th, 2014, 9:20PM

In the context of the July 15-16 BRICS summit in Fortaleza, Brazil, both Russian President Vladimir Putin and Chinese President Xi Jinping will be engaging in intense diplomatic activity in Brazil itself, during the summit, and then during pre- and post-summit state visits to other Ibero-American nations, during which economic, scientific and trade cooperation will be discussed.

Look at what's planned:

On Friday, July 11, Putin will visit Cuba; the next day, he will be the guest of Argentine President Cristina Fernandez de Kirchner, for a state visit. On the 14th, he will travel to Brazil for the final of the World Cup, before the July 15th start of the BRICS summit in Fortaleza. According to Prensa Latina, Putin has bilateral meetings scheduled with individual heads of state from the BRICS nations, as well as with other Ibero-American Presidents who will be attending the meetings on July 16 in Brasilia.

China: "Time is Ripe" for BRICS Own Bank

Chinese Vice-Minister of Foreign Affairs Li Baodong said on Monday that the new BRICS Development Bank, which will be inaugurated at the BRICS meeting in Brazil this month, will help the five nations, and others, "become less dependent on the US dollar and fend off exchange-rate turbulence," according to "experts and officials" as reported in China Daily. "Establishing the bank will mark a milestone in the current international currency system that has long been dominated by the United States and Europe, they said."

Li Baodong, Vice Foreign Minister, said the "time is ripe" to announce the establishment of the bank. Li said:"Concerning the bank, all parties are in consensus. Of course, there are a few differences and viewpoints on technical issues ... but our goal is to establish the BRICS bank as soon as possible...We are fully confident that we can reach consensus and establish the bank at this summit."

Zhang Jun, in charge of international economic affairs at the Foreign Ministry, said the establishment of the bank and the emergency currency reserve will provide stable support for infrastructure construction among the member countries and in other emerging markets. The bank and reserve will also help new emerging economies better manage global capital risks and financial turbulence, he told China Daily.

On the other side of sanity, there remain the elements of Empire which hope to squash the Promethean impulse of Man, by attempting to foist the satanic policies of environmentalism onto developing nations, and the world as a whole.

US again attacks AIIB - the Chinese are not green enough

Sydney Seiler, director for Korea at the US National Security Council, on behalf of the Obama Administration, lashed out against China's plan for a $100 billion Asia Infrastructure Investment Bank (AIIB). According to Korea's Yonhap news agency, which interviewed him by phone, Seiler "expresses strong skepticism about China's push for new development bank rivaling the U.S.-led Asia Development Bank," and is adding to the U.S. pressure on South Korea not to join.

Merkel in China — No Credit, No Nukes

Chancellor Angela Merkel concluded her three day visit to China with an insane diatribe against the use of credit for development, topping it off with a rant against nuclear power. Speaking at Tsinghua University today, Merkel said, according to Reuters: "I am against growth that is financed on credit. It's better to have the world economy grow less than to rely on devil-may-care growth [based on increased debt]."

Although she was traveling with a huge German business group, and although she and Premier Li Keqiang witnessed the signing of a contract with European aircraft manufacturer Airbus for 100 helicopters, worth over $400 million, and although Lufthansa also signed an agreement to establish a new joint venture with its Star Alliance partner Air China, nonetheless Merkel apparently wants these aircraft to fly on solar power. Xinhua reported that she bragged that in Germany "a quarter of power is generated from renewable resources and this figure is expected to rise to 50 percent in a few years," and that Germany "has decided to gradually give up nuclear power and completely abandon it by 2020."

She said that "Germany and China will join hands to tackle global problems like climate change and hold discussions at the Paris Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC) in 2015."

She of course added that in order to attain this utopia of "sustainable development," China must embrace "democracy, the rule of law, and a social market economy," and that only a society which is "open, pluralistic, and provides freedom" can be successful.