Tag Archive
aig
banks
bernanke
city
commons
crash
crisis
debt
deflation
demand
demos
depression
eastern europe
ecb
eu
euro
europe
eurozone
financial crisis
france
g20
geithner
great depression
great recession
history
inflation
keynes
london
macroeconomics
mayday
meltdown
merkel
monetarism
movements
neoclassical economics
new classical macroeconomics
obama
ponzi scheme
protests
recession
recovery
riots
sarkozy
toxic assets
trichet
BRIC Thrown at Dollar Supremacy
By Lyubov Pronina, Lucian Kim and Alex Nicholson
June 16 (Bloomberg) — The leaders of Brazil, Russia, India and China agreed to push for more clout in global financial institutions at an “historic” first summit, without announcing a common policy on how to flex their $2.8 trillion in reserves.
The heads of the so-called BRIC states called [...]