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Brazil, Russia, India And China Form Bloc To Challenge US Dominance
London Times ^

Posted on 06/16/2009 9:52:50 PM PDT by Steelfish

June 17, 2009

Brazil, Russia, India and China form bloc to challenge US dominance

Tony Halpin in Yekaterinburg

With public hugs and backslaps among its leaders, a new political bloc was formed yesterday to challenge the global dominance of the United States.

The first summit of heads of state of the BRIC countries — Brazil, Russia, India and China — ended with a declaration calling for a “multipolar world order”, diplomatic code for a rejection of America’s position as the sole global superpower.

President Medvedev of Russia went further in a statement with his fellow leaders after the summit, saying that the BRIC countries wanted to “create the conditions for a fairer world order”.

He described the meeting with President Lula da Silva of Brazil, the Indian Prime Minister, Manmohan Singh, and the Chinese President, Hu Jintao, as “an historic event”.

The BRIC bloc brings together four of the world’s largest emerging economies, representing 40 per cent of the world’s population and 15 per cent of global GDP.

The leaders set out plans to co-operate on policies for tackling the global economic crisis at the next G20 summit in the US in September.

(Excerpt) Read more at timesonline.co.uk ...


TOPICS: Business/Economy; Foreign Affairs; Russia; United Kingdom
KEYWORDS: bho44; bhorussia
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1 posted on 06/16/2009 9:52:50 PM PDT by Steelfish
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To: Steelfish

Well, well......... this will not be good for Wall Street on Wednesday..........


2 posted on 06/16/2009 9:56:14 PM PDT by Lloyd227 (Class of 1998 (let's all help the Team McCain spider monkeys decide how to moderate))
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To: Steelfish

ping


3 posted on 06/16/2009 9:57:31 PM PDT by unkus
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To: Lloyd227

More of that Hopey Hopey Changey Change.


4 posted on 06/16/2009 9:58:30 PM PDT by dfwgator
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To: Steelfish

Israel should join this bloc if Obama starts messing with them even more.


5 posted on 06/16/2009 10:00:54 PM PDT by FreepShop1
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To: Steelfish

We are basically here for the taking.

If the most recent election wasn’t a big white flag to the world, I don’t know what is.

We deserve whatever comes to us as a consequence of our nation’s stupidity!


6 posted on 06/16/2009 10:01:21 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: Steelfish
Brazil, Russia, India And China Form Bloc To Challenge US Dominance

And with Obamawuss in charge they will win.

7 posted on 06/16/2009 10:03:18 PM PDT by doc1019
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To: Lloyd227

Thanks Obama for giving them the opening. You are accomplishing what would have been impossible just 6 months ago.


8 posted on 06/16/2009 10:05:30 PM PDT by dila813
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To: Steelfish

India is attending as an observer. Same status as a country like, say, Sri Lanka.

Russia and China are the only ones pushing for it.


9 posted on 06/16/2009 10:06:58 PM PDT by MyTwoCopperCoins (I don't have a license to kill; I have a learner's permit.)
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To: doc1019

Stop the outsourcing and let’s see what happens.


10 posted on 06/16/2009 10:08:05 PM PDT by Steelfish
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To: Steelfish

http://usa-the-republic.com/items%20of%20interest/vision.html#vision


11 posted on 06/16/2009 10:15:43 PM PDT by Prophet in the wilderness (PSALM .53 : 1 The FOOL hath said in his heart, there is no GOD.)
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To: Steelfish

We are toast. The only question is whether or not they will finish the job with nuclear weapons.


12 posted on 06/16/2009 10:16:55 PM PDT by MGMSwordsman
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To: Steelfish

The Brazilians will find out cuddling up with wolves will get one bitten. The Indians have enough good sense to know this is a sham.

America is leader not because of the dollar, but because of innovation and innovation has never been top on these BRIC folks resume. How long before they run out of things they can copy from one another?

China will use then bully the 3 others. For some unexplicable reason the Russians have always fancied themselves as smarter than the rest of humanity, and not something history has ever shown.

If nobama succeeds, BRIC may find the whole shootin match suffers right along with us.


13 posted on 06/16/2009 10:17:00 PM PDT by dusttoyou (Remember the Alamo Tea Party - CHENEY-PALIN 2012)
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To: Steelfish

The Brazilians will find out cuddling up with wolves will get one bitten. The Indians have enough good sense to know this is a sham.

America is leader not because of the dollar, but because of innovation and innovation has never been top on these BRIC folks resume. How long before they run out of things they can copy from one another?

China will use then bully the 3 others. For some unexplicable reason the Russians have always fancied themselves as smarter than the rest of humanity, and not something history has ever shown.

If nobama succeeds, BRIC may find the whole shootin match suffers right along with us.


14 posted on 06/16/2009 10:24:26 PM PDT by dusttoyou (Remember the Alamo Tea Party - CHENEY-PALIN 2012)
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To: Steelfish
Lead, follow or get out of the way, world.....

if only some of YOU people in China, and India, and Brazil, and Russia had used your many gifts to improve the world, fight terrorism, and communism, and the nazis....

America did not ask to be the "super power"....we were thrust into that role....

so go form your committees and your alliances.....we'll be the first to be asked to save the world , again....

15 posted on 06/16/2009 10:49:48 PM PDT by cherry
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To: Steelfish

So much for the Obamamaniac’s theories about foreign policy.


16 posted on 06/16/2009 10:52:35 PM PDT by ZULU (God guts and guns made America great. Non nobis, non nobis Domine, sed nomini tuo da gloriam.)
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To: Steelfish
COOL! time to compete with them properly!

therefore... we must stop ALL business with these countries.

i know, the globalists will go on about how it will hurt the US and how i'm a protectionist. yup, got me. i'm for making the goods here and selling them domestically and overseas.

here's a question... if we stopped shipping goods to those countries, and pulled the sales back to the US (even without a bump in price due to labor increases)... what would happen to our GDP? would it go up or down?

	import($b)		export($b)	net($b)
brazil	 32.20 			 27.63 		 4.57 
china	 279.82 		 84.39 		 195.43 
india	 26.36 			 22.43 		 3.93 
russia	 -   			 14.50 		 (14.50)
						
total gain if on-shored all offshore business from these countries ($billions):
						 189.43 per year

answer: our GDP would increase by $189b, or about 1.3%

this would also increase the strength of the dollar, as it's supposed to be based on the production capacity of the American worker. as an added bonus, we would improve our strategic capabilities as manufacturing jobs would come back to the US (not everyone can be a middle manager sipping chocolate lattes all day)

* source for data: cia world factbook

17 posted on 06/16/2009 10:58:24 PM PDT by sten
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To: Steelfish

“Brazil, Russia, India And China Form Bloc To Challenge US Dominance”

With Dumb’O in control, that should be a piece of cake!


18 posted on 06/16/2009 11:01:01 PM PDT by aquila48
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To: Steelfish
China, India and Russia have competing interests in Central Asia. China is recolonizing lands it lost to Russia 130 years ago. China still occupies part of India.
Not an alliance, although we had better pay attention to this and to the SCO. China and Russia want to displace us and so does Obama.
19 posted on 06/16/2009 11:21:22 PM PDT by rmlew ( The SAVE and GIVE acts are institutioning Corvee. Where's the outtrage!)
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To: cherry

Yeah, I can’t understand for the life of me why Russia wouldn’t help in beating the Nazis.

Now, perhaps you should break out the history books. If you do, you will find out that Germany actually lost the war on the Eastern front against the Russians. The war in Russia was Hitler’s main focus and the vast majority of German military assets were committed there. I’m not saying that the US and Great Britain didn’t assist, but Russia clearly bore the vast majority of the burden. And they also lost at least 20 million people during the war.


20 posted on 06/16/2009 11:36:05 PM PDT by MGMSwordsman
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