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Tuesday, June 16, 2009

Shanghai Cooperation Organization -- News Updates

Shanghai Cooperation Organization -- News Updates Russian President Dmitry Medvedev will host leaders from China and Central Asia Monday at the summit of a regional grouping dominated by Moscow and Beijing. (AP Photo/Mikhail Metzel)

Emerging Economic Powers Meet in Russia -- New York Times

MOSCOW — Leaders of some of the world's most powerful economies gathered Tuesday to discuss how they can exert more control over the global financial system as it takes its first wobbly steps toward recovery.

Yet not an American or Western European was in the bunch.

The first summit meeting of the so-called BRIC group — Brazil, Russia, India and China — was intended to underscore the rising economic clout of these four major developing countries and their demand for a greater voice in the world. And Russia, the group's host and ideological provocateur, was especially interested in using the summit to fire a shot across Washington's bow.

Read more ....http://www.nytimes.com/2009/06/17/world/europe/17bric.html?_r=1&ref=global

More News On The Shanghai Cooperation Organization

First summit meeting of BRIC leaders begins in Yekaterinburg -- China View
http://news.xinhuanet.com/english/2009-06/16/content_11552453.htm

Russia, China seek greater international clout -- Yahoo News/AP
http://news.yahoo.com/s/ap/20090616/ap_on_bi_ge/eu_russia_summit_talks

Russia Hosts 'Counterbalance' to U.S., 'Shanghai Cooperation Organization' -- FOX News http://www.foxnews.com/story/0,2933,526423,00.html

Medvedev calls for new reserve currencies -- AP
http://www.google.com/hostednews/ap/article/ALeqM5ghofWsw6596hiWFv-WS4u6L84TGAD98RJKRO0

Russia challenges dollar, China offers loans -- AP
http://www.google.com/hostednews/ap/article/ALeqM5ghofWsw6596hiWFv-WS4u6L84TGAD98RM6A00

China, Russia Woo Central Asian Countries With Bailout Cash -- Bloomberg
http://www.bloomberg.com/apps/news?pid=20601087&sid=aBzpsQgJ68dA

Big four emerging economies meet for first summit -- Canada.com
http://www.canada.com/business/fp/four+emerging+economies+meet+first+summit/1700801/story.html

Backgrounder: Brief history of Shanghai Cooperation Organization -- China View
http://news.xinhuanet.com/english/2009-06/16/content_11550837.htm

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