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Destination 2013? China, Japan and MedWith a whiff of global recovery in the air and central bank liquidity abundant, investors in 2013 are packing their bags for China, fellow 'BRICs' Brazil and Russia, long-dormant Japan and even some Mediterranean sun. More… |
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BRICS eye creation of multi-lateral bankMajor emerging market economies will look closer at creating a joint development bank to co-ordinate their financial power as the world economy falters, said Brazilian Trade Minister Fernando Pimentel. Development banks of the so-called Br More… |
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BRICS economies ‘to drive global trade’BRICS (Brazil, Russia, India, China and South Africa) economies will play an increasingly dominant role in global trade and will be major drivers of the global economy in 2012, said experts ahead of a major ports summit in Abu Dhabi. Joint More… |
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Brics to look at bid for top World Bank jobThe world's major emerging economies on Saturday rejected the tradition that an American automatically is selected to head the World Bank and they will look at putting forward their own candidate for the open job. Finance chiefs from the B More… |
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BRICS to reject use of force in Mideast, AfricaLeaders from five of the world's largest emerging economies will reject the use of force in the Middle East and North Africa at a summit on Thursday, urging instead dialogue and non-intervention, according to a draft statement. The More… |
