Leaders of the so-called BRICS countries are meeting starting Wednesday in Ufa, Russia. Here’s what you need to know about these emerging market economies to follow the summit. Read Here – Bloomberg Bloomberg
A perfect storm is brewing this summer for emerging markets, and it could hit hard in September. Read Here – CNN Money
Courtesy: Global Times
Will BRICS create a framework that is as democratic in sharing governance space with other investors and stakeholders? This will be something to watch for as the systems and structures evolve. The notion that the NDB has been “Shanghai-ed” is perhaps a shallow understanding of this exciting new initiative. Read Here – The Hindu
Leaders of the Brazil, Russia, India, China and South Africa — all emerging market nations — launch a $100 billion development bank and a currency reserve pool in their first concrete step toward reshaping the Western-dominated international financial system. The bank, aimed at funding infrastructure projects in developing nations will be based in Shanghai and […]
The United States is addicted to oil and China’s got a serious coal problem, Simran Khosla writes in Global Post. Read Here
The coming months will see no end of obituaries written for the emerging world, and of the perils they face. There is nothing new about these prognostications, and they all miss the glaring realities of democratic transformation and its sometimes tumultuous consequences. They miss as well the degree to which hundreds of millions have seen […]
Brazil and China can’t seem to agree on what either country is getting out of their economic ties Read Here – Quartz
The largest developing nations for the first time have the worst market opportunities as optimism for stronger growth shifts to the U.S. and Europe, according to a Bloomberg Global Poll. Read Here – Bloomberg
