Thursday, June 25, 2009

Emerging BRIC powers and the new world order

Brazil, Russia, India and China -- the so-called BRIC group of emerging powers -- have gained clout over the past decade as their economies grew faster than those of developed countries. BRIC leaders will hold their first summit meeting in the Russian city of Yekaterinburg on June 16 to discuss the global financial crisis and reforms to the world's financial and trade institutions...............