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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.

  • FILE - In this Sept. 5, 2013 file photo, President Barack Obama shakes hands with Russian President Vladimir Putin during arrivals for the G-20 summit at the Konstantin Palace in St. Petersburg, Russia, Thursday, Sept. 5, 2013.   Congress is stepping up pressure on the White House to confront Russia over allegations that it is cheating on a key nuclear arms treaty, a faceoff that could further strain U.S.-Moscow relations and dampen President Barack Obama's hopes to add deeper cuts in nuclear arsenals to his legacy.  (AP Photo/Pablo Martinez Monsivais)

    Putin calls for cease-fire in Ukraine

    Russian President Vladimir Putin called Tuesday for Ukraine to observe a cease-fire while investigators probe the crash of Malaysia Airlines Flight 17 in rebel-held territory.

  • 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 fighter places a black box from the crashed Malaysia Airlines Flight 17 on a table while handing it over from Donetsk People's Republic officials to Malaysian representatives in the city of Donetsk, eastern Ukraine Tuesday, July 22, 2014. Bowing to international pressure Monday, pro-Moscow separatists released a train packed with bodies and handed over the black boxes from the downed Malaysia Airlines plane, four days after it plunged into rebel-held eastern Ukraine. (AP Photo/Dmitry Lovetsky)

    PRAGER: Is there a Russian conscience?

    Those who held the organic view argued that the change from czar to commissar was only one of degree. Both were tyrannies, the latter more tyrannical than the former.

  • 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.

  • ** 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.

  • 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.

  • ** 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.

  • 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.

  • 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.

  • 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.

  • Sorrow: Ukrainian emergency workers carry a victim's body in a bag at the crash site of Malaysia Airlines Flight 17, located near the village of Hrabove. (Associated Press)

    John Kerry: Growing evidence Russia-armed rebels that shot down plane

    Pro-Russia separatists seized control of recovered bodies from the downed Malaysian airliner Sunday in eastern Ukraine as U.S. and international officials urged Russian President Vladimir Putin to rein in the rebels so investigators could have unimpeded access to the crash site.

  • House Homeland Security Committee Chairman Rep. Michael McCaul, R-Texas, asks a questions on Capitol Hill in Washington, Wednesday, April 9, 2014, during the committee's hearing about the Boston Marathon Bombings leading up to the year anniversary of the attack. (AP Photo/Jacquelyn Martin)

    McCaul: Putin responsible for downed flight

    The chairman of the House Homeland Security Committee says Russian President Vladimir Putin bears direct responsibility for the downing of the passenger jet over eastern Ukraine last week.

  • The Soyuz-FG rocket booster with Soyuz TMA-13M space ship carrying a new crew to the International Space Station, ISS, blasts off at the Russian leased Baikonur cosmodrome, Kazakhstan.  (AP Photo/Dmitry Lovetsky)

    Moscow: Continue U.S. cooperation in space

    Moscow wants to work with Washington to further space exploration despite a recent NASA memo noting the crisis in Ukraine has nearly severed prospects for partnership, Russian officials say.

  • U.S. Secretary of State John Kerry,  speaks, during a joint press conference in Kabul, Afghanistan, Saturday, July 12, 2014. U.S. Secretary of State John Kerry says both of Afghanistan's presidential candidates are committed to abiding by the results of the "largest, most comprehensive audit" of the election runoff ballots possible. (AP Photo/Rahmat Gul)

    Kerry: 'Pretty clear' that system to shoot down plane was transferred from Russia

    U.S. Secretary of State John Kerry said there's strong evidence that the missile system used to bring down the Boeing 777 over territory in eastern Ukraine was transferred from Russia to separatists occupying the area but stopped short of assigning direct blame to Moscow for the downing of the plane.

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