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The BRICS mechanisms have so far prompted within

BANGKOK nike air max 270 homme pas cher , Sept. 27 (Xinhua) -- Thailand's Supreme Court on Wednesday found former Prime Minister Yingluck Shinawatra guilty of malfeasance in a loss-ridden rice subsidy program and sentenced her in absentia to five years in jail.


Yingluck did not show up at the court and has so far not made any public comment on the verdict.


After a trial running over two years, the Supreme Court's Criminal Division for Holders of Political Positions began reading the verdict at 11 a.m. local time and continued for nearly four hours.


In an announcement released by the court, it read that even though the unmilled rice program was an act according to government policy that the cabinet had stated to the National Assembly, if the implementation of such policy was not in accordance with law, such acts could be inspected by the judicial process.


Yingluck could be sentenced to as much as 10 years in prison if found guilty of negligence over a costly rice subsidy scheme that helped to bring her to power in an election in 2011.


In the scheme, Yingluck's government paid Thai rice farmers inflated prices for their crops nike air max 2019 pas cher , driving up global rice prices.


The subsidy scheme did not work, costing the country 8 billion U.S. dollars and leaving it with vast stockpiles of rice.


Yingluck denied all the charges when giving her closing oral statement on Aug. 1, arguing she was not responsible for the day-to-day running of the scheme and insisted she was a victim of political persecution.


The verdict was supposed to be read on Aug. 25, but Yingluck, the country's first woman prime minister, failed to show up.


Her lawyer said she was ill with an ear problem and could not appear in court. The court then issued an arrest warrant on her and postponed the verdict.


It was reported that she had fled to Dubai where her brother www.airmax270pascher.fr , former Prime Minister Thaksin Shinawatra, lives in self-imposed exile avoiding a 2008 sentence for corruption.


Prime Minister Prayut Chan-o-cha said on Tuesday that he knows where the ousted former prime minister is but will not disclose her whereabouts until the verdict is delivered.


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NEW DELHI, Aug. 8 (Xinhua) -- The BRICS bloc grouping Brazil, Russia nike air max 270 pas cher france , India, China and South Africa has gained certain momentum in its cooperation and growth, seeing its influence increase at both the regional and international levels, an Indian expert has said.


"In the last eight (annual) summits, BRICS has acquired certain momentum in international relations," said Srikanth Kondapalli nike air max 270 pas cher prix , professor at the Center for East Asia Studies of the New Delhi-based Jawaharlal Nehru University.


"It has advocated dialogue and peaceful resolution of disputes, in addition to lifting any curbs on trade and investments," he said in an interview with Xinhua on Sunday.


As the bloc's five emerging economies "are getting integrated in the global economy, it has advocated certain balance in dealing with the Western countries and the institutions such as the IMF (International Monetary Fund)World Bank or universally accepted norms," the Indian expert added.


"It tries to protect the interests of developing countries," he noted.


Macroeconomic stability nike air max 270 pas cher , institutional effectiveness and openness are among the factors that enable the bloc to attract global attention and to play a larger role in global governance and growth, according to the expert.


"Formation of BRICS and the regular summit meetings and the pronouncements so far have provided scope for expanding its influence at the global and regional levels," Kondapalli noted.


The BRICS mechanisms have so far prompted within its framework cooperation in many areas such as trade and investment, with joint efforts also expected in fighting terrorism and climate change.


The Indian expert cited the bloc's New Development Bank, which was launched in 2015 to work with a focus on infrastructure and sustainable development projects, as key to increasing intra-BRICS investment flows Nike Air Max 270 Flyknit Noir Blanche Starry Sky Pas Cher , so as to reduce the bloc's financial dependency on international lenders.


The establishment of a BRICS rating agency which Kondapalli said is likely to be proposed at the upcoming BRICS summit scheduled for September in the southeast Chinese city of Xiamen will further help boost economic growth of BRICS member countries.


Noting that investment flows are conditioned partly by the estimates of credit rating agencies, he said, "The three main global credit rating agencies -- Standard & Poor's, Fitch and Moody's -- have in the recent times downgraded many of the BRICS economies. This has affected investment flows and business sentiments."


The BRICS bloc has been contributing increasingly more to global governance, according to the expert, who said it has been "trying to shape discourse on just global governance structures."


"With the BRICS demands Nike Air Max 270 Flyknit Army Verte Noir Pas Cher , many of the global governance structures are undergoing a gradual reform," he said.


For example, "the BRICS has been highly critical of the voting shares in the IMFWorld bank. After the 2010 reorganization efforts, in 2015, the voting rights of China and India were increased in the IMF, although only marginally."


"There is also the collective pressure that BRICS is exerting through the G20 (Group of 20 major economies) Nike Air Max 270 Flyknit Noir Orange Pas Cher , the WTO (World Trade Organization) and other mechanisms in opposing trade protectionist trends," t. Cheap Avalanche Jerseys   Cheap Panthers Jerseys   Cheap Finland Hockey Jerseys   Cheap Czech Republic Hockey Jerseys   Cheap USA Hockey Jerseys   Cheap Team Russia Hockey Jerseys   Wholesale Oilers Jerseys   Wholesale Kings Jerseys   Wholesale Jets Jerseys   Wholesale Sharks Jerseys

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