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  • Russia's Finance Minister Anton Siluanov, left, India's Minister of State for Finance and Corporate Affairs Nirmala Sitharaman, second left, Brazil's Finance Minister Guido Mantega, center, China's Finance Minister Lou Jiwei, second right, and South Africa Finance Minister Nhlanhla Nene, right, sign an agreement creating a development bank during the BRICS 2014 summit in Fortaleza, Brazil, Tuesday, July 15, 2014. The leaders of the BRICS nations are meeting in Brazil for a summit where they are expected to officially create a bailout and development fund worth $100 billion. It's meant to be an alternative to the World Bank and the International Monetary Fund, which are seen as being dominated by the U.S. and Europe. (AP Photo/Silvia Izquierdo)

    FEDEWA: BRICS vs. the dollar: The latest challenges

    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.


  • U.S. Marines with Bravo Company, 1st Battalion, 7th Marine Regiment board a CH-53E Super Stallion helicopter during a mission July 5, 2014, in Gereshk, Helmand province, Afghanistan.  U.S. Marine Corps photo.

    Obama orders Pentagon advisers to Ukraine

    A team of Pentagon officials is heading to Ukraine to help the country rebuild its fractured military.


  • A pro-Russian rebel holds a gun passing by plane wreckage as members of the OSCE mission to Ukrainearrive for a media briefing at the crash site of Malaysia Airlines Flight 17, near the village of Hrabove, eastern Ukraine, Tuesday, July 22, 2014. A team of Malaysian investigators visited the site along with members of the OSCE mission in Ukraine for the first time since the air crash last week. (AP Photo/Vadim Ghirda)

    U.S. intelligence nearly certain pro-Russian separatists downed Malaysian Airlines flight

    U.S. intelligence officials say they are now nearly certain it was pro-Russian separatists who fired the SA-11 antiaircraft missile that downed a Malaysia Airlines flight last week, and that the separatists likely did not know they had hit a commercial airliner until after it had slammed to the ground.


  • A pro-Russian armed fighter stands in guard on the platform as a refrigerated train loaded with bodies of the passengers departs the station in Torez, eastern Ukraine, 15 kilometers (9 miles) from the crash site of Malaysia Airlines Flight 17, Monday, July 21, 2014. Another 21 bodies have been found in the sprawling fields of east Ukraine where Malaysia Airlines Flight 17 was downed last week, killing all 298 people aboard. International indignation over the incident has grown as investigators still only have limited access to the crash site and it remains unclear when and where the victims' bodies will be transported. (AP Photo/Evgeniy Maloletka)

    Train with MH17 plane crash bodies leaves rebel town in Ukraine

    A refrigerated train carrying Malaysia Airlines victims' bodies pulled away Monday from a rebel-held town in eastern Ukraine, one small step forward in easing the agony of their grieving families.


  • Ukrainian Emergency workers carry a victim's body in a plastic bag at the crash site of Malaysia Airlines Flight 17 near the village of Hrabove, Donetsk region, eastern Ukraine Monday, July 21, 2014. Another 21 bodies have been found in the sprawling fields of east Ukraine where Malaysia Airlines Flight 17 was downed last week, killing all 298 people aboard. (AP Photo/Dmitry Lovetsky)

    Poll: 81 percent of U.S. voters believe Russia 'involved' in downed Malaysian airliner

    "U.S. voters are overwhelmingly convinced that Russia had a hand in the shootdown of a Malaysia Airlines passenger jet over Ukraine, but they also strongly believe any punishment should be a multinational one and not come from just the United States alone," says a Rasmussen Reports released Monday.


  • An emergency worker cuts through aircraft seat belts to free the body of a victim at the crash site of Malaysia Airlines Flight 17 near the village of Hrabove, eastern Ukraine, Saturday, July 19, 2014. International monitors moved gingerly Saturday through fields reeking of the decomposing corpses that fell from a Malaysian airliner shot down over rebel-held eastern Ukraine, trying to secure the sprawling site in hopes that a credible investigation can be conducted. (AP Photo/Vadim Ghirda)

    BUCHANAN: The day of the hawk

    The downing of the Malaysian airliner that took the lives of 298 men, women and children was not deliberate terrorism. No one wanted to massacre those women and children.


  • A difficult duty: The stench of death was nearly overwhelming Monday as Alexander Hug (center right), deputy head of the Organization for Security and Cooperation in Europe, led a forensics investigation team near the crash site of Malaysia Airlines Flight 17 in eastern Ukraine. (Associated Press)

    Vladimir Putin pressured to aid Ukraine plane crash probe, rein in rebels

    Russian-supported rebels backed down and allowed a refrigerated train carrying the bodies of Malaysia Airlines victims out of their territory in Ukraine, as President Obama and other Western leaders warned Russian President Vladimir Putin to speed up cooperation with the crash probe and to rein in fighters loyal to Moscow.


  • ** FILE ** Then-Rep. Ron Paul, Texas Republican, speaks during a campaign stop in Manchester, N.H., on Dec. 19, 2011, during his bid for the party's presidential nomination. (Associated Press)

    Ron Paul: U.S. partly to blame for Malaysia Airlines disaster

    Former Republican Rep. Ron Paul said Sunday that the United States shares part of the blame in the attack on the Malaysian Airlines passenger jet in eastern Ukraine last week, and that the Obama administration may try and use the tragedy as an excuse to attack Russia.


  • ** FILE ** This March 11, 2014, file photo shows Rep. Ed Royce, R-Calif., Chairman of the House Foreign Affairs Committee, speaks to reporters after an all-member classified briefing on Ukraine on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin, File)

    Rep. Ed Royce: International community must take a stand against Vladimir Putin

    Rep. Ed Royce, California Republican and chairman of the House Foreign Affairs Committee, said Monday that the United States must lead not only an international diplomatic coalition against Russia and Vladimir Putin, but an economic one as well that will truly force Mr. Putin's hand.


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