Tag: BRICS

• Tuesday, November 8th 2011 - 08:03 UTC

  Emerging nations ready to support the Euro but demand IMF reforms

  

  Major emerging economies are ready to provide financial help to the Euro zone via the International Monetary Fund but in return want commitments to reform the IMF to be implemented, Russian Foreign Minister Sergei Lavrov said Monday.

• Thursday, November 3rd 2011 - 08:17 UTC

  BRICS ‘leaders scheduled to decide on common stance before the G20 summit'

  

  Brazilian president Dilma Rousseff said that solutions to European and global economic difficulties need to promote economic growth and employment. Ms Rousseff arrived Wednesday in France for the summit of G-20 leaders this week, but before will be meeting with peers from the BRICS group to work out a common stance.

• Wednesday, September 14th 2011 - 06:43 UTC

  BRICS countries preparing aid package in support of the European Union

  

  Brazil, Russia, India, China and South Africa, which make up the so-called BRICS group, will meet in Washington next week to discuss how to help the European Union avert a full-blown financial crisis as Greece veers toward default on its debt, Brazilian Finance Minister Guido Mantega said Tuesday.

• Saturday, April 16th 2011 - 00:09 UTC

  China’s trade with BRICS associates surged 45.8% in the first quarter

  

  China's top customs authority announced Friday that trade with the other four BRICS nations surged by 45.8% to reach 59.9 billion US dollars in the first quarter of this year.

• Thursday, April 14th 2011 - 19:54 UTC

  BRICS calls for new global monetary system with less reliance on the dollar

  

  The BRICS group of emerging-market powers kept up the pressure for a revamped global monetary system that relies less on the US dollar and for a louder voice in international financial institutions.

• Thursday, April 14th 2011 - 05:16 UTC

  Libya and global financial system reform in BRICS’ international agenda

  

  Leaders of the world's major emerging powers will meet again Thursday in China to tackle the conflict in Libya, reform of the international financial system and look at how developing nations can exercise more clout on the global stage.

• Thursday, April 14th 2011 - 05:00 UTC

  BRICS members discuss trade grievances with host China

  

  Chinese President Hu Jintao came under pressure from fellow BRICS members Brazil, Russia, India and South Africa to open the Chinese market to goods ranging from Indian drugs to Brazilian planes as leaders gathered on a tropical south China island for a summit.