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BRICS

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  • BRIC Will Back Dollar as Reserve Currency: Strategist Tuesday, 16 Jun 2009 | 5:07 PM ET

    The U.S. dollar has no concerns right now, said Ron Shah of Jina Ventures. The main concern for the U.S. needs to be bilateral trade agreements between the BRIC (Brazil, Russia, India, China) countries.

  • 4 Ways to Play the BRICs Now: Fund Manager Tuesday, 16 Jun 2009 | 4:06 PM ET

    The leaders of the BRIC nations (Brazil, Russia, India and China) are meeting today in Russia to discuss everything from the financial crisis to the U.S. dollar. Wendy Trevisani, co-portfolio manager of Thornburg Investment Management, discuss the importance of the BRICs and the best places to invest.

  • BRIC Nations Want US Business: Strategist Tuesday, 16 Jun 2009 | 8:42 AM ET

    Russia proposed a new world reserve currency that would be issued by international financial institutions to reduce reliance on the U.S. dollar. However, Liam Halligan, chief economist at Prosperity Capital Management said the west does not need to be scared, but should learn to “cohabitate” and share the prosperity around the globe.

  • G20 To Call For Doubling of IMF Budget: UK Thursday, 2 Apr 2009 | 9:23 AM ET

    The members of the G20 are likely to call for at least a doubling of the International Monetary Fund's budget, if not more, UK Chancellor of the Exchequer Alistair Darling told CNBC Thursday.

  • Brazil President Blames 'White People' for Crisis Friday, 27 Mar 2009 | 7:56 AM ET

    Brazil's president blamed "white people with blue eyes" for the world economic crisis and said developing countries shouldn't pay for it.