[anyplayer:url=http://rt.com/files/business/news/brics-bank-currency-plan-669/i39723e3589698867b40151253336e1cd_brics1.flv type=FLV width=600 height=450] From left: BRIC summit participants Russian President Dmitry Medvedev, President of Brazil Luiz Inacio Lula Da Silva, Chinese President Hu Jintao, Indian Prime Minister Manmohan Singh (RIA Novosti / Dmitry Astakhov)…
Tag: Currencies
News of China’s huge trade deficit has frightened investors out of their wits as they used to consider China a safe haven during times of economic turmoil. They are concerned that China’s slowdown will worsen…
Reuters / Dado Ruvic A debt problem on the scale of Greece isn’t unique. Argentina, Ireland, the Baltic states and Iceland have also suffered similar problems. They all chose different rescue paths, varying from massive…