The world's economic outlook darkened on Friday as reports showed U.S. employment growth slowing sharply, Chinese factory output barely growing and European manufacturing falling deeper into malaise.

Syria has said it was ready to facilitate UN monitors, but stressed that a majority of them should be from 'neutral countries' like BRICS, which also includes India.

Syria also stressed that while it

India and other members of BRICS grouping have agreed to establish a task force to come up with recommendations to set up a developmental bank, a move that has received 'good vibrations' from the W

The International Monetary Fund's bid to win a big boost in funding to handle the eurozone debt crisis hit a speed bump on Thursday when Brazil demanded more power at the IMF for emerging economies as

China and other BRICS emerging economies are set to flex their muscles as the top finance officials of the G20 and the IMF meet Friday seeking to raise $400 billion to prevent financial contagion.

Ha

Colombia's Jose Antonio Ocampo withdrew from the race to lead the World Bank, endorsing Nigerian Ngozi Okonjo-Iweala's challenge against the favored US candidate, Colombian media reported.

But that

The efforts of BRICS nations to engage in global multilateral institutions will help in strengthening the 'international system', the US has said.

"We've reviewed the leaders' Delhi declaration and

In an initiative to promote trade in local currencies, the BRICS nations on Thursday signed two agreements to provide line of credit to business community and decided to examine the possibility of

A group of Tibetans protesting Chinese president Hu Jintao's India visit unfurled a Tibetan flag near the five-star hotel where he was attending the BRICS summit.

Around ten Tibetan activists u

BRICS countries are evolving from being 'followers' of the West to 'rule makers', a Chinese expert said on Thursday. But he warned that intra-BRICS trade will see tensions too.

"Given the current int