Posted on 2012/03/29 by ExMergere

In the today controversy, and for the opening of the DefExpo show 2012, the question should be “where goes the money” invested in major arms programs as the Indo-Russia cruise missile Brahmos.

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India endorses BRICS bank

Posted on 2012/03/29 by ExMergere

India’s prime minister said Thursday that international institutions are failing to lift up the developing world and endorsed the creation of a new development bank to be run by five fast-rising nations.

Prime Minister Manmohan Singh spoke at a summit of the so called BRICS group — comprised of Brazil, Russia, India, China and South Africa — aimed at harnessing the nations’ increasing global clout and forging stronger ties between their fast-growing economies.

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Posted on 2012/03/29 by ExMergere

Dilma Rousseff, Dmitry Medvedev, Manmohan Singh, Hu Jintao and Jacob Zuma at the Brics summit in New Delhi.

(Source: http://www.guardian.co.uk/commentisfree/2012/mar/29/brics-new-world-order)

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