Take the R Out of BRIC | Foreign Policy

Posted by Matt in December 2nd, 2009 | no comment

Published in Russia, Brazil, Bric Countries, China, Cohort, Economic Performance, Emerging Economies, Foreign Policy, Functional Members, Gatherings, Global Economy, India, Prominence, Russia, Summits, What On Earth

What on Earth is Russia doing on the list of top emerging economies?
As Russia proudly boasts its prominence at G-20 summits, gatherings of the BRIC countries (Brazil, Russia, India, and China), and other global economic round tables, an embarrassing question arises. Does Russia really deserve to be a BRIC? The country’s economic performance has plummeted [...]

Oil – Hope and anxiety

Posted by Matt in June 4th, 2009 | no comment

Published in Economy, Oil, Anxiety, Barrel Oil, Brazil, China, Decades, Dollar, Downturn, Economic News, Economists, Emerging Economies, Global Supply, India, Norm, Oil Price, Oil Prices, Seven Months

THE price of a barrel oil went past $68 during the day on Monday June 1st, the highest level in seven months. Although this remains less than half the peak of last July, prices are likely to remain above the norm of the past few decades, lifted with every bit of cheery economic news and [...]

If China loses faith the dollar will collapse

Posted by Matt in May 5th, 2009 | no comment

Published in China, Financial, U.S., Assets, Banking System, China, Collapse, Countries, Dollar, Emerging Economies, Faith, Federal Reserve, Foreign Exchange Reserves, Households, inflation, Leverage, Liberal Policy, Magnitude, Money Supply, Reserve Currency, Russia

Emerging economies such as China and Russia are calling for alternatives to the dollar as a reserve currency. The trigger is the Federal Reserve’s liberal policy of expanding the money supply to prop up America’s banking system and its over-indebted households. Because the magnitude of the bad assets within the banking system and the excess [...]

Russia: As the economy deteriorates, even oligarchs are suffering

Posted by Matt in March 21st, 2009 | no comment

Published in Economy, Russia, Dmitry Medvedev, Economic Crisis, Economic News, Economic Reform, Economy, Emerging Economies, Emerging Markets, Fireside Chats, Global Financial Crisis, Hollywood, kremlin, Main Stock, Mass Murder, Muscovites, Oil Prices, Oligarchs, Rich Kids, Russia, Russia Economy, Russia S Economy, Russian Oligarchs, Russians, Scott Fitzgerald, Stock Indices, Torrent, Unemployment, Wage Arrears, Wisteria Lane

RUSSIANS are hardly falling over themselves to watch Dmitry Medvedev’s weekly televised talks. Muscovites, it seems, would prefer a Hollywood movie. For one thing, Mr Medvedev has little positive to say. Oil prices have stabilised above $40 a barrel and Russia’s two main stock indices have rallied a little. But the torrent of grim economic [...]

Economic Catastrophe Propels Russia into an Identity Crisis

Posted by Matt in March 2nd, 2009 | no comment

Published in Economy, Financial, Belief, Depression, Economic Catastrophe, Economic Crisis, Elements, Emerging Economies, Financial Crisis, Global Financial Crisis, Identity Crisis, Newtimes, Pride, prosperity, Psychological Shock, Recession, Russia, Russian State, Shambles, Sudden Collapse, Www Gazeta Ru

The economic crisis is affecting Russia worse than most developed or emerging economies, but its direct impact, such as the recession in industry that is expected to become even more serious in February, is multiplied by the psychological shock from the sudden collapse of belief in a resurgent Russian state. … and included three key [...]

Warning for the West as crisis spills onto streets

Posted by Matt in February 16th, 2009 | no comment

Published in Economy, Financial, Middle East, Russia, Baltic Countries, Developed Nations, Eastern Europe, Economists, Emerging Economies, Eurozone, Ferocity, Financial Crisis, Global Financial Crisis, Nuclear Arsenal, Pessimistic Analysts, Russia, Slump, United States, World Economies

The slump that has swept through developed nations like the UK, the eurozone and the United States is hitting the world’s emerging economies with a speed and ferocity that has shocked even the most pessimistic analysts.
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Economists are particularly concerned about conditions in the Baltic countries, Eastern Europe and Russia, which still has a formidable nuclear [...]

Building BRICs of growth

Posted by Matt in June 5th, 2008 | no comment

Published in Brazil, China, India, Russia, Abundant Natural Resources, Bric Countries, Brics, Decade, Disposable Income, Economist, Economy, Electricity, Emerging Economies, Excavators, Gdps, Half Of The World, Infrastructure Investment, Investment Boom, Investment Ratio, Oil Crisis, Railways, Rapid Growth, Russia Crisis, Russia Economy, Russia S Economy, Telecommunications, Trillion

Record spending on infrastructure will help to sustain rapid growth in emerging economies
THE biggest investment boom in history is under way. Over half of the world’s infrastructure investment is now taking place in emerging economies, where sales of excavators have risen more than fivefold since 2000. In total, emerging economies are likely to spend an [...]

Rising Brics – For a new order

Posted by Matt in June 3rd, 2008 | no comment

Published in Brazil, China, India, Russia, Acronym, Bric Countries, Brics, Celso Amorim, City In The Urals, Emerging Economies, Exercise, Foreign Minister, Foreign Ministers, Goldman Sachs, India China, Multilateral Arrangements, President Vladimir Putin, Russia, Russian City, Russian President Vladimir, Russian President Vladimir Putin, Signs, Triumph, Unipolar World, Vladimir Putin, Yekaterinburg

BRIC shows signs of emerging as an alliance in an exercise seen as a challenge to the U.S.-dominated unipolar world order.
BRIC, an acronym coined by Goldman Sachs a few years ago to define a group of large emerging economies with fast growth rates, was born in May this year as a formalised grouping aspiring to [...]