BRICS a stabiliser of global economy, says Xinhua

Ufa (Russia), July 8 (IANS) The BRICS group with deepened cooperation will not only serve its five member countries and other developing nations, but also stabilise and even boost the world economy, the official Chinese news agency Xinhua said in a commentary.

Mint condition: countries tipped as the next economic powerhouses

First it was the Brics. For a while the Civets were in vogue. Now the Mints are the ones to watch. Confused? Well, once you know your acronyms it all becomes clear.

Developing countries to the rescue at G-20 summit

LOS CABOS (MEXICO): The scene at the just-concluded Group of 20 summit held in this seaside resort would have been unthinkable a decade ago: Hundreds of dignitaries gathered in opulent Mexican hotels and convention halls to hammer out an economic bailout for Europe.