BRICS profile continues to rise
With the addition of South Africa, the informal group of emerging economies known as BRIC has become BRICS. The expanded group met for the first time at a summit in the Chinese city of Sanya in April, 2011. While the composition of the group has changed, the question remains the same: What exactly unites these countries, with all their geographic, cultural and political differences?
India’s futile trapeze acts in the UN
The hard reality is that the UN Security Council is not open to ‘expansion’ in a conceivable timeframe
For BRICS, another first – Revenue heads meet in Delhi
The grouping looks at preventing the base erosion and profit shifting through mutual cooperation by practices that involve abuse of tax treaty benefits and incomplete disclosure of information and fraudulent claims
Revisiting the ‘R’ in ‘BRICS’
Russia urgently needs systemic overhaul and its BRICS calling card offers it the maximum single point leverage in this regard
BRICS states agree to step up tax evasion fight
The five BRICS countries (Brazil, Russia, India, China and South Africa) agreed to expand tax policy cooperation and step up their fight against tax evasion, a joint communiqué said on Sunday.
IMF supporting Russia’s agenda in G20, says Lagarde
International Monetary Fund supports Russia’s agenda at the Group of Twenty leading powers of the world, IMF Managing Director Christine Lagarde told a news conference that was held on the occasion of the new year at the headquarters of the Fund in W
BRICS NSAs thrash out security agenda for Durban Summit
The BRICS as a platform has grown both in significance and in the nature of the dialogue and the work that the five nations do together
BRICS’ clout continues to grow
The Delhi BRICS meetings last week that covered global governance, security and health, appeared timely as these issues are crucial in the world which is currently undergoing many transformations
Reaching sustainable growth during G20 presidency
On December 1, 2012, Russia assumed the presidency of the G20, the group of leading world economies that covers 90 percent of world GDP and 80 percent of global trade
Global financial architecture in need of reform
In 2013, the G20’s focus will be placed on reforming the global financial architecture amid speculation that the IMF, the dollar and the euro will remain the core of the global financial system
IBSA steals a march on BRICS
The IBSA, unlike the BRICS, connects time past and time present with time future
Building BRICS to fight corruption
Russia will host the Group of 20 summit in September in St. Petersburg. In advance of this summit, the B20, composed of the top business leaders of the G20 nations, will also meet
Putin, Rouseff to discuss prospects for building up Russia-Brazil trading ties
Russian President Vladimir Putin on Friday will hold talks with the president of the Federative Republic of Brazil, Dilma Rouseff, who is in Russia on a two-day official visit, the Russian presidential press-service said. Rouseff is for the first tim
Russia’s year as G-20 chair will not be easy
Russia must marshal the talents of all its relevant ministries if it wants to prove that its chairmanship is not simply technical.
BRICS’ growth trajectory remains steady
The BRICS growth story will continue despite financial problems in the US and in parts of Europe; some of the recent reports by well known economists corroborate this trend
BRIC countries likely to grow at 6.9 pct in 2013: Jim O’Neill
The Goldman Sachs economist responsible for the term BRIC says the emerging economies will continue to outpace global economic growth
Russia’s presidency of the G-20
The BRICS nations, influential members of the G-20, are likely to push their agenda in the forum with greater force under Russian presidency of the world body
Russia takes rotating presidency of G20 Sat
Russia has taken the rotating presidency of the G20 for twelve months to come. The year’s main event will be a G20 summit in St. Petersburg on September 5-6. The first events in the group are due in Moscow already this month.
BRICS create their own financial institutions
Russia's Finance Minister Anton Siluanov announced that the BRICS countries plan to set up their own regional bailout fund, which could be worth $240 billion
BRICS are in fairly good shape
Contrary to predictions about their imminent demise the BRICS are only getting stronger; their current economic woes can be dismissed as growing pains
Russia lowest BRICS in economic dynamism - Survey
Russia ranked lowest among the BRICS nations in the Global Dynamism Index (GDI) published by the advisory firm Grant Thornton International on Thursday.