National Security Consequences of U.S. Oil Dependency
12:15 – 1:00 p.m. Lunch
1:00 – 2:00 p.m. Meeting
Chilean minister of finance Felipe Larrain discusses the world economy and emerging markets.
With the launch of the New Development Bank at the BRICS Summit yesterday in Fortaleza, Brazil, Julia Sweig highlights the potential impact of the new bank and why the United States should pay attention.
The sixth summit of the BRICS (Brazil, Russia, India, China, South Africa) countries met in Fortaleza, Brazil, on July 15, 2014. The theme of discussions was "Inclusive Growth: Sustainable Solutions" and the declaration detailed progress in establishing the BRICS's New Development Bank, which was first discussed in the 2013 Durban Joint Statement.