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Building with BRICs

Posted by Matt in May 14th, 2008

Are the BRIC countries an emerging threat?

From the article:

The concept of the BRIC countries — Brazil, Russia, India and China — was coined five years ago in a research paper from the Goldman Sachs investment bank.

This week, reality takes over from theory as the foreign ministers of the BRIC countries hold their first formal meeting in the Russian city of Ekaterinburg. They convene with an agenda that includes the issue of biofuels, food security, global financial trends and the impact of the slowdown of the U.S. economy.

They also want to discuss the way in which the global economy is governed, which seems to mean that they understandably want a much bigger role in the key institutions like the International Monetary Fund, the World Bank and so on.

Read More…

Russian economy: safe haven or oil bubble?

`BRIC’ Nations Summit Seeks to Turn Economic Might Into Clout
Bloomberg - 2 hours ago
By Patrick Donahue May 15 (Bloomberg) — First came the booming economies. Then came the rush of investors. Now the so-called BRIC nations — Brazil,
The “BRICs” (and Mortar) of the New Global Economy
HoweStreet.com, Canada - 21 hours ago
By John Browne – Senior Market Advisor, Euro Pacific Capital In the early days of the American republic, fortune seekers were urged to “Go west young man!

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[Countries link to CIA Factbook. States link to Wikipedia.]


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