The world’s five largest developing economies wrapped up their summit meeting in the Indian capital, New Delhi, Thursday by calling for the formation of a shared development bank. Leaders of Brazil, Russia, India, China and South Africa — or the BRICS, as they are known — said they need a more representative international financial structure. […]
BRICS Nations Call for Shared Development Bank
BRICS Nations Call for Shared Development Bank
Leaders from the world’s five largest developing economies — the so-called BRICS — are moving toward the formation of a shared development bank. The five-nation bloc consisting of Brazil, Russia, India, China and South Africa wrapped up its summit Thursday in New Delhi with calls for a more representative international financial structure. Indian Prime Minister […]
Indian PM Highlights Capital Needs of Developing Countries
India’s prime minister has highlighted the need in developing countries to find funding at the summit of the so-called BRICS nations — the world’s five largest emerging economies. Speaking in New Delhi, Thursday at the conclusion of the one-day summit, Prime Minister Manmohan Singh said the leaders and delegates discussed how to expand the World […]
Indian PM Highlights Capital Needs of Developing Countries
India’s prime minister has highlighted the need in developing countries to find funding, at the summit of the so-called BRICS nations — the world’s five largest emerging economies. Speaking in New Delhi, Thursday, Prime Minister Manmohan Singh said the leaders and delegates were discussing how to expand the World Bank’s capital base, as well as […]
BRICS Leaders Meet in New Delhi
Leaders from the world’s five largest emerging economies – the so-called BRICS group – have begun a summit in the Indian capital, New Delhi, expected to focus in part on creating a new development bank. The leaders of Brazil, Russia, India, China and South Africa are also expected to cover topics ranging from global security […]
BRICS Leaders Gather in India for Annual Summit
Leaders from the world’s five largest emerging economies — grouped in the so-called BRICS — are gathering in the Indian capital, New Delhi, for the 4th annual summit Thursday that is expected to cover topics ranging from global security to increased financial cooperation. Although the BRICS members, consisting of Brazil, Russia, India, China and South […]