New power bloc emerges in G-20

Jun 29, 2010 - K.A. Badarinath |

Financial Chronicle

Toronto

Regrouping and power rebalancing is under way at the G-20 while the G-8 is likely to turn into a strategy forum for developed countries led by the US, France and Germany.
Emerging powers Brazil, Russia, India and China (constituting BRIC) have enlisted the membership of South Africa, Mexico and Indonesia in a bid to take on the US-EU-Japan troika. A top G-20 negotiator confirmed that all three had agreed to join BRIC.

Comments

And that is BRICISM!

HMS

29 Jun 2010 - 11:54

And that is BRICISM!

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