Brazil to rally BRICS against rich countries
From reuters.com
Brazil will push for its large emerging-market peers including China to denounce what it sees as unfair monetary policies by Europe and the United States, raising the stakes in a global confrontation over economic imbalances. Brazilian Trade and Industry Minister Fernando Pimentel told Reuters on Wednesday his country would seek such language in a communique at this week's BRICS summit, which brings together Brazil, Russia, India, China and South Africa. Pimentel said that China had previously been cautious about supporting language on global monetary imbalances "because they thought we could be indirectly ...
(full story)