News for today's 2018

India To Head BRICS' $100 Billion New Development Bank

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<a href="http://www.ndtv.com/news/images/story_page/BRICS_summit_AP_360.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt="India To Head BRICS' $100 Billion New Development Bank" border="0" id="story_image_main" src="http://www.ndtv.com/news/images/story_page/BRICS_summit_AP_360.jpg" style="width: 360px;" title="India To Head BRICS' $100 Billion New Development Bank" /></a>ortaleza, Brazil::  <a href="http://www.fortodays.com/2014/07/india-to-head-brics-100-billion-new.html">Leaders of the BRICS</a> emerging market nations launched a $100 billion development bank and a currency reserve pool on Tuesday in their first concrete step toward reshaping the Western-dominated international financial system. The bank, aimed at funding infrastructure projects in developing nations, will be based in Shanghai, China, and India will preside over its operations for the first six years, followed by five-year terms for Brazil and then Russia, leaders of the five-country group announced at the 6th BRICS -  Brazil, Russia, India, China and South Africa - summit. The member countries will also set up a $100 billion currency reserves pool to help countries forestall short-term liquidity pressures. For India, it was a moment of success after hard bargaining to settle where the bank would be located and the share-holding in it. The bank will be called the New Development Bank, a name suggested by Prime Minster Narendra Modi.  Also, the bank will begin with a subscribed capital of $50 billion divided equally between its five founders; China, the world's number 2 economy, had argued that the economic strength of a member nation should be the criteria for contribution to the bank - a higher contribution would automatically mean greater control. But in intense negotiations that delayed the bank for two years, India and Brazil fought China's attempts to get a bigger share in the lender than the others.  "The agreement towards setting up the BRICS New Development Bank is a significant step. I am happy the initiative announced in 2012 in Delhi has become a reality," PM Modi said. The summit is Mr Modi's first multilateral engagement since he took over as Prime Minister in May this year.  (BRICS: PM Pitches for 'Zero Tolerance' Towards Terror) The long-awaited bank is the first major achievement of the BRICS countries since they got together in 2009 to press for a bigger say in the global financial order created by Western powers after World War Two and centered on the International Monetary Fund and the World Bank. The BRICS were prompted to seek coordinated action following an exodus of capital from emerging markets last year, triggered by the scaling back of US monetary stimulus. The new bank reflects the growing influence of the BRICS, which account for almost half the world's population and about one-fifth of global economic output.

ortaleza, Brazil:: Leaders of the BRICS emerging market nations launched a $100 billion development bank and a currency reserve pool o...

Father's Day 2013: 'One More Day' ... with Dad

<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDyYFRVjhz7uof1EPnUo0V1LX2QdyTUWVBm8ZO9V1q96-4MjfZ5bg4JYN_pvZz_MxzX1raOHgop13P2tRjYBs8T5nde8Sa5V2zx28hPQkdp7fv-jwjiyvWQSs8H5CDuaTp8lrMi98UcLOo/s1600/2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="300" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDyYFRVjhz7uof1EPnUo0V1LX2QdyTUWVBm8ZO9V1q96-4MjfZ5bg4JYN_pvZz_MxzX1raOHgop13P2tRjYBs8T5nde8Sa5V2zx28hPQkdp7fv-jwjiyvWQSs8H5CDuaTp8lrMi98UcLOo/s400/2.jpg" width="400" /></a></div><div style="text-align: center;">Shenandoah National Park as the mountain laurel blooms. My dad had two places on earth he loved more than anywhere else: the Outer Banks of North Carolina, and the Blue Ridge Mountains of Virginia.</div> [My annual Father's Day remembrance of my dad....] It's Father's Day and, once again, my dad is not here to be with us. He passed away in 1975 at the age of 51. There's a country song by Diamond Rio called <a href="http://www.youtube.com/watch?v=TuE1XJ_uqOs">"One More Day"</a> ... and every time I hear that song I think of my dad. It has been years since cancer took him from us and, yet, a word or song or thought can bring me to my knees as I continue to feel the loss of a man I admired and respected and miss to this day. He was a simple man, the oldest of five children growing up in Amelia County, Virginia ... a child of the Depression who quit school after eighth grade to help support his financially-strapped family. According to many pundits today, he should have felt sorry for himself and given up on life or blamed society. But he didn't. He served in the U.S. Navy during World War II, traveling to exotic places in the South Pacific as a gunner on the USS Wisconsin. He came home to Chesterfield County, Virginia, after the war, settled down, married, and raised three daughters. He wasn't the CEO of some company ... but to us he was more. He was funny, easy-going, and hard to anger ... but when he angered, look out. He was a stern disciplinarian who had a thundering velvet hand when we had misbehaved. He was a deacon in our church and a Sunday school teacher for most of his adult life. He played baseball on his company's team, and he taught us the game. My dad loved to camp in the Shenandoah National Park along the Skyline Drive. Because my parents couldn't afford pricey vacations, they took us to the mountains from the time we were young. Dad was a naturalist before it became fashionable. He was mindful of nature, teaching his girls to leave the flowers for others to enjoy. He taught us to pack out our trash, be respectful of the animals that lived there, and enjoy that beautiful part of Virginia. We still enjoy that beautiful part of Virginia. At the age of one, my parents took me for my first camping trip to Big Meadows Campground ... and we've been at it ever since ... and living in the shadow of the Blue Ridge Mountains is a dream come true. Though not physically with me, I carry Dad's memory and honor him by remembering and practicing what he taught all those years ago. And that's why the Diamond Rio song can bring me to tears in a heartbeat ... if I could have just one more day with him it would be sitting around a campfire in Shenandoah National Park ... one more time. <a href="http://www.youtube.com/watch?v=TuE1XJ_uqOs">"One More Day"</a> By Diamond Rio Last night I had a crazy dream A wish was granted just for me, it could be for anything. I didn't ask for money or a mansion in Malibu, I simply wished for one more day with you. One more day, one more time... One more sunset, maybe I'd be satisfied. But then again, I know what it would do Leave me wishin' still for one more day with you. First thing I'd do is pray for time to crawl, I'd unplug the telephone, keep the TV off, I'd hold you every second and say a million "I love you's"... That's what I'd do with one more day with you. One more day, one more time... One more sunset, maybe I'd be satisfied. But then again, I know what it would do Leave me wishin' still for one more day with you. Originally posted on Father's Day 2007.

Blue Ridge Mountains family Father's Day friendship mentoring Outer Banks Shenandoah National Park Skyline Drive Father's Day 2013: 'One More Day' ... with Dad

Shenandoah National Park as the mountain laurel blooms. My dad had two places on earth he loved more than anywhere else: the Outer Banks of ...

India To Head BRICS' $100 Billion New Development Bank

Father's Day 2013: 'One More Day' ... with Dad

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