- Obama takes aim at ‘corporate deserters’
- Dick’s Sporting Goods lays off 478 PGA golf pros
- Senators: Cease-fire must allow Israel to defend against rockets, tunnels
- Sierra Leone doctor fighting Ebola catches disease
- Iraq welcomes Russian fighter jets, helicopter gunships into ISIL fight
- John McCain laments: Obama’s ‘self-pity … is really kind of sad’
- GOP offer to fix VA gives $10 billion in emergency funds
- Paul Ryan offers to repair U.S. economic safety net with a single grant stream
- Kim Jong-un builds bond with Putin: $250M Russia-backed addition to key port opens
- Pope Francis meets Meriam Ibrahim, a Sudanese woman sentenced to death
By Michael Widlanski
Leveling the battlefield to aid terrorists enables evil to fight on
Topic - Brics
Lost behind the tragic headlines of recent weeks was an event of potentially historic importance to the reign of "King Dollar." For some time, the coalition of Brazil, Russia, India, China and South Africa (known as BRICS) has been talking about staking a competitor to the International Monetary Fund (IMF). Last week, they announced a $100 billion capitalization of a Contingent Reserve Arrangement for BRICS' New Development Bank.
Leaders of the world's largest emerging economies said Thursday they support tougher measures to guard against financial instability and backed a look at alternatives to the U.S. dollar as the world's main reserve currency.