BRICS Developments, September 16th, 2014
September 16, 2014 • 12:29PM

As the Trans-Atlantic system crumbles, and Obama's continued presence in the White House threatens the near term outbreak of War, raising the threat of a thermonuclear confrontation, the BRICS nations continue to make progress on building up a new paradigm for mankind. They have continued to develop their alliances, amongst themselves and with an ever expanding circle of sovereign nations. Here are some of those developments from the recent days.

BRICS Growth Policy: China To Invest $100 Billion in India Infrastructure?

With Chinese President Xi Jinping starting a visit to India Sept. 17, media in both countries are full of outlines of what may be very large Chinese investments in India's productivity and growth potential. The benchmark of Japan's $35 billion in investments announced several weeks ago, is likely to be exceeded.

Argentina Consolidates Alliances with BRICS Nations and Allies—Foreign Minister Leads Trade Delegation in Egypt

Argentina is moving aggressively to consolidate its relations with BRICS nations and their allies, firmly positioning itself within the emerging new world order.

Over the weekend of Sept. 13-14, Argentine Foreign Minister Hector Timerman, accompanied by a large multi-sectoral trade delegation, met in Egypt, first with President Abdel Fattah al-Sisi, and then with Foreign Minister Sameh Shoukry.

Egypt Makes Suez Canal Bonds Quote in Eight Days

Egypt Central Bank head Hisham Ramez told Al-Hayat TV Sept. 15 that it has raised 61 billion Egyptian pounds ($8.5 billion) for the construction of an expansion of the Suez Canal by selling investment certificates. The non-tradeable five-year certificates at 12%, sold only to Egyptians. President Al-Sisi inaugurated the digging of the new canal section Aug. 5, projecting that it would be constructed by the end of 2015

China Financing High-Speed Rail Line in Egypt

The Egyptian government has formed a new cabinet committee to coordinate expanding economic cooperation with China as well as attracting investments. The new committee, which will be chaired by Prime Minister Ibrahim Mehleb, was formed shortly after the visit of a Chinese business delegations in the week of Sept. 8.

World Astronauts Conference: We Are Ready for Space Cooperation with China

In comments during the annual meeting of the Association of Space Explorers, held last week in Beijing, astronauts from various countries expressed their interest in cooperating with China in its manned space program, following invitations from China's first astronaut, Yang Liwei, and other space officials. The final count for the conference was 91 astronauts from 18 countries.

Dumitru Prunariu, president of the ASE and Romania's astronaut, expressed his impression of the models of China's Tiangong-1 space lab and the Shenzhou-10 manned ship that the attending astronauts had the opportunity to see, saying, "We are glad that China...is so open to international cooperation. Now China will build its own space station in 2022. We heard with great interest that China is inviting the international community to be part of experiments on board..."