BRICS Leaders Speak Out on International Finance, Trade, Fossil Fuels

Leaders of the bloc of five major developing countries known as BRICS called today for reforms to the global financial system. Representatives of Brazil, Russia, India, China and South Africa meeting in Dehli, India repeated their request to the World Bank and the International Monetary Fund to grant greater voting rights and representation to developing countries. Theyread more

BRICS Agriculture Ministers Meet

Agricultural Ministers from the BRICS bloc of developing countries--Brazil, Russia, India, China, and South Africa--met this week in Chengdu, China to discuss their commitment to food security and climate change. The goal of the three-day gathering was to track progress on commitments made in the joint Moscow Declaration, an agreement to battle hunger in the bloc. Theread more

The BRIC Boom

A new PriceWaterhouseCoopers study, Economic Views-Global, projects that the G7 economies will contribute less to world GDP growth in the next two years than the BRIC  economies.  It said that the four countries that make up the bloc--Brazil, Russia, India and China--are expected to account for 40% of world GDP growth over 2011 and 2012.read more