Brazil ready to support IMF but demands greater power for BRICS countries

Friday, December 2nd 2011 - 19:41 UTC

Full article 4 comments

Brazil conditioned the disbursement of more funds for the IMF to help countries in crisis to a greater say in the multilateral organization and the advance of European initiatives to solve the current Euro and debt crisis. Read full article

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briton
The only extra power this brick will get
is extra cement .
Dec 03rd, 2011 - 01:20 am - Link - Report abuse 0
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Fido Dido
They aren't bailing them (Europe) out, through the IMF they (BRICS) are positioning themself to gain more access to buy hard assets. Europe is for sale, thanks to the “technocrats”.
Dec 03rd, 2011 - 06:33 am - Link - Report abuse 0
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ElaineB
I don't think it is a problem to give more powers to the emerging economies, as they emerge. Seems fair to me.
Dec 03rd, 2011 - 10:47 am - Link - Report abuse 0
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briton
It’s not the actual power that is of concern,
Its what the government of that power, that is the concern, will they use it for prosperity,
Or as a power base to control vast areas,
Brazil has a very pushy neighbour, that would stop at nothing to access some of that power,
Just a thought .
Dec 03rd, 2011 - 07:53 pm - Link - Report abuse 0
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