Tag: BRIC

• Friday, February 17th 2023 - 08:05 UTC

  Massa holds meeting with Indian Ambassador in Buenos Aires

  

  Argentina's Economy Minister Sergio Massa Thursday met with India's Ambassador to Buenos Aires Dinesh Bhatia to discuss the South American country's participation in the G-20 economic meeting and move forward in the use of local currencies for bilateral trade.

• Tuesday, December 27th 2022 - 10:48 UTC

  President elect Lula da Silva's foreign policy strategy

  

  Foreign policy is among the priorities of the incoming Brazilian administration of president Lula da Silva, who will be taking office next January first. Designated foreign minister, Ambassador Mauro Vieira said Brazil will have a leading role in combating climate change.

• Monday, April 28th 2014 - 08:48 UTC

  Chinese minister underlines the 'strategic' significance of Brazil for Beijing

  

  The relationship between China and Brazil has “extensive significance” due to their position as two primary emerging market countries and economies, visiting Chinese Foreign Minister Wang Yi said here in Brasilia.

• Tuesday, September 10th 2013 - 00:42 UTC

  BRICS agree on a 100bn ‘financial firewall’ in anticipation of ‘currency shocks’

  

  BRICS nations (Brazil, Russia, India, China and South Africa) have agreed to a 100 billion dollars currency reserve pool as a “financial firewall” in anticipation of liquidity strains and ‘currency shocks’ as the United States Federal Reserve moves to reduce monetary stimulus.

• Thursday, March 28th 2013 - 09:19 UTC

  China and Brazil sign agreement to trade in their local currencies

  

  China and Brazil signed an agreement to do billions of dollars of trade in their local currencies, as the five-nation BRICS forum of emerging market powers work to lessen dependence on the US dollar and Euro.

• Thursday, November 15th 2012 - 18:44 UTC

  BRIC miracle largely over; mature economies take the lead, says US Conference Board

  

  The catch-up boom in China, India and Brazil is largely over and will be followed by a drastic slowdown over the next decade, according to a report by America's top forecasting body.

• Monday, April 30th 2012 - 07:12 UTC

  India to complain Argentine trade restrictions, but ‘bilaterally’

  

  India has decided to raise its concerns over Argentina's recent import restrictions bilaterally, instead of joining the US and European Union who have taken the country to the World Trade Organization, reports the Economic Times from India.

• Monday, March 19th 2012 - 23:28 UTC

  China and IADB agree on one billion investment fund; warnings from Brazil

  

  China and the Inter-American Development Bank said on Monday they are starting a 1-billion US dollars fund to invest in Latin America, though the Asian giant’s latest push to expand its influence in the region prompted words of caution from Brazil.

• Monday, March 19th 2012 - 07:01 UTC

  Rousseff expected at the White House but with no ‘state visit’ privilege

  

  Next April 9 Brazilian President Dilma Rousseff is expected in the White House and although formally relations are ‘excellent’, Brazil and the US have many dissenting issues, according to Andres Oppenheimer from the Miami Herald and considered an expert in Latin American affairs from the US perspective.

• Tuesday, March 13th 2012 - 07:03 UTC

  Goldman Sachs says Brazil’ Real needs to decline 20% to remain competitive

  

  Jim O'Neill, chairman of Goldman Sachs Asset Management, lent his support to Brazilian policy makers' efforts to weaken the Real, saying it needs to decline 20% to keep Latin America's biggest economy competitive.