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Brazil to rally BRICS against rich countries
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)
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- Mar 28, 2012 6:49pm Mar 28, 2012 6:49pm
- nanningbob
- Joined Jun 2007 | Status: Teach men to fish | 461 Comments
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- Mar 28, 2012 7:32pm Mar 28, 2012 7:32pm
- Slim Buffett
- | Additional Username | Joined Mar 2012 | 182 Comments
When the Joker is in the deck.. fear not and play it well