Emerging economies face watershed moment at summit ( BRICS Summit in China )

Associated Press, ^ | Wednesday April 13, 2011, 5:37 am EDT | Christopher Bodeen, Associated Press,

[Ernest_at_the_Beach]

BRICS summit offers watershed moment for large emerging economies

SANYA, China (AP) -- The leaders of the world's largest emerging economies gather this week in southern China for what could be a watershed moment in their quest for a bigger say in the global financial architecture.

Thursday's summit comes at a crucial moment for the expanded five-member bloc known as the BRICS, which groups Brazil, Russia, India, China, and, for the first time, South Africa.

Chinese President Hu Jintao, Brazilian President Dilma Rousseff, Russian President Dmitry Medvedev, Indian Prime Minister Manmohan Singh and South African President Jacob Zuma will attend.

With the G-20 group of major economies seeking to remake parts of the global financial architecture, it's time for the BRICS to test whether they can overcome internal differences and act as a bloc pursuing common interests.

[Ernest_at_the_Beach]

fyi

[Ernest_at_the_Beach]

H/T to the Drudge Report.

[skeeter]

Maybe they'll get together and slam Obama and his party for driving the world economy towards cataclysmic collapse with their out of control spending.

Wouldn't that be rich.

[NormsRevenge]

Zud Afrika? huh?

Geesh.. what next?

K for Kenya

BRICKS

[Ernest_at_the_Beach]

BRICKS

********

LOL!

[Ernest_at_the_Beach]

They need Australia and Canada in there too.

[NormsRevenge]

They don’t want freedom seekers.. just their money and resources.

[Bridge_toofar]

In 2010 China used more concrete than the rest of the world combined! Amazing! On track to be the world’s biggest economy in less than 10 years.

[SunkenCiv]

Thanks Ernest_at_the_Beach. Brazil - Russia - India - China - South Africa ... There are larger populations in Africa than SA’s, but they have a low percentage of Muzzies.