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BRICS wants to set up an alternative rating agency. Why it may not work

The Conversation Africa | Posted 02.13.2017 | World
The Conversation Africa

Misheck Mutize, University of Cape Town and Sean Gossel, University of Cape Town The idea of establishing an alternative credit rating agency led by ...

India's partnership with WHO provides inspiration for effective health and development cooperation

Flavia Bustreo | Posted 01.19.2017 | Impact
Flavia Bustreo

In the backdrop of the recently concluded BRICS* health ministers' meeting in New Delhi, Chandra Kishore (CK) Mishra, India's Secretary for Health & F...

Brazil is breaking with its south-south focus. What it means for BRICS

The Conversation Africa | Posted 11.21.2016 | World
The Conversation Africa

Marco Vieira, University of Birmingham and Henrique Menezes, University of Birmingham Vladimir Putin's snub of Brazilian President Michel Temer was o...

BRICS Development Bank To Increase Its Lending To $2.5 Billion Next Year

Reuters | Nick Robins-Early | Posted 10.16.2016 | World
Read More: India, Brics, World News

GOA, India (Reuters) - The development bank set up by the BRICS group of emerging economies will ramp up lending to $2.5 billion next year after makin...

The 2016 G20 Hangzhou Summit - Forging Stronger Partnership In A Time Of Turbulence

David Gosset | Posted 08.30.2016 | World
David Gosset

If geopolitics can be understood as a succession of situations in which the relations among the actors constantly evolve, the chess or Go game on a world scale, the analyst has to characterize each successive configuration. In that sense, it can be argued that the current moment in global affairs is marked by a growing uncertainty and disorder.

The Faithful Shopper: Gifts For Grads

Faith Hope Consolo | Posted 06.14.2016 | Style
Faith Hope Consolo

Graduation season is time to celebrate huge milestones and your gift choice is very important. There was a time when graduation gifts consisted of mon...

As China's Investment in Africa Falls, Turkey Looks to Capitalize

Eric Olander | Posted 04.27.2016 | World
Eric Olander

While China and other emerging markets have pared back their investments in Africa, this has opened an opportunity for new players to step into the market. Former U.S. Ambassador David Shinn joins Eric & Cobus -- in the podcast above -- to discuss the changing landscape of foreign investment in Africa.

Is the Man Braid Proof that the Global Economy is in Serious Trouble?

Tim Maleeny | Posted 02.22.2016 | Comedy
Tim Maleeny

I'm not saying this emerging trend of the man braid is more influential than emerging markets on the global economic stage, but then again, I'm not ready to say it isn't. Just follow this trend line for yourself, and then see if you're in a buying or selling mood when the market opens.

In Davos, World Elites See Signs of Growth and Resilience in Turbulent Markets

Parag Khanna | Posted 01.19.2017 | World
Parag Khanna

SINGAPORE -- As the global elite descends on chilly Davos, 2016 promises to be a volatile year in emerging and frontier markets. But many signs of volatility are also sources of resilience -- and they can even provide a roadmap for the next wave of growth.

The 5 Key Trends in Globalization That Are Changing America and the World

Edward Goldberg | Posted 12.06.2016 | Politics
Edward Goldberg

It is the season of lists: best movies, best books and on and on. Since I teach and write on globalization and international political economy, I thought I would continue a tradition I started several years ago of creating a different type of list: a geo-political-economic list -- a list of globalization's top five trends for the year.

The U.S. Needs a New Approach to the Rest of the World

Daniel Wagner | Posted 10.30.2016 | Politics
Daniel Wagner

America is having a tough time finding its footing - not only in the Middle East, but in much of the rest of the world. It almost feels like the U.S. has become a developing nation, at least on the global stage.

What Happened to Brazil?

John Feffer | Posted 09.24.2016 | World
John Feffer

Brazil was heading into the semifinals of world development as an odds-on favorite. How did the country go from world-class performer to global embarrassment in what seems like the blink of an eye?

Brazil's Hard Landing

Sara Zervos | Posted 09.23.2016 | World
Sara Zervos

Investors have lost faith in Brazil, and rightfully so. The currency has lost 36% of its value against the U.S. dollar this year, plunging nearly 7% in the last week alone. Yields on its bond issues are spiking, as investors demand higher and higher rates to loan Brazil or Brazilian companies money.

Reflecting On U.S. Power and Leadership During Hard Times

David W. Kearn | Posted 08.27.2016 | Politics
David W. Kearn

Expressions of populist anger, resentment toward unresponsive government institutions, and deep-seated frustration with "politics as usual" have dominated the rhetoric surrounding the Republican Party's ongoing presidential primary campaign.

China Devaluation Is Good News

Sara Zervos | Posted 08.11.2016 | World
Sara Zervos

Germany, Asian countries and commodity producers have already been selling less to China because of its economic slowdown; now they could sell less because their exported goods look more expensive as the Chinese yuan goes down.

Emerging Markets: Still Not Cheap, and Still Not Pretty

Sara Zervos | Posted 08.07.2016 | Business
Sara Zervos

Most emerging markets need to borrow from the rest of the world. They are known for being the fastest growing countries, with rich resources and young populations. However, by definition they are poorer than other developed countires, and as such have little savings to finance their growth

As China Awakens, America -- And Pakistan -- Should Take Note

Akbar Ahmed | Posted 07.30.2016 | World
Akbar Ahmed

BEIJING -- "When China wakes, she will shake the world." Napoleon's famous comment on China has had China-watchers scratching their heads for two centuries as to what exactly he meant. The answer may be tied to Xi Jinping's vision of the future of China.

The Eurasian Big Bang

Pepe Escobar | Posted 07.23.2016 | World
Pepe Escobar

Tehran, Beijing, Moscow, Islamabad, and New Delhi have been actively establishing interlocking security guarantees. They have been simultaneously calling the Atlanticist bluff when it comes to the endless drumbeat of attention given to the flimsy meme of Iran's "nuclear weapons program."

BRICS Bank Launched In China As Alternative To World Bank, IMF

Times of India | Farah_Mohamed | Posted 07.22.2015 | World

SHANGHAI: A new USD 100 billion bank floated by BRICS nations, including India, as an alternative to the World Bank and IMF to boost infrastructure fu...

Prediction: Hillary Will Bail Out Banks

Judy Frankel | Posted 07.12.2016 | Politics
Judy Frankel

On Monday, Hillary unveiled her economic agenda for strengthening the middle class. But looking at solutions like raising the minimum wage is only half the story. To evaluate the bigger picture, a review of Hillary's history with the banking industry is necessary.

New Bank Launch Charts Path to Asian-Led Order

Curtis S. Chin | Posted 07.13.2016 | World
Curtis S. Chin

As did the late Lee Kuan Yew during his iron-fisted rule in guiding Singapore's success, China is now advancing an "Asian way" in this newest of multilateral lenders.

Why China's Key Role in BRICS Does Not Threaten U.S. Power

Sara Hsu | Posted 07.13.2016 | World
Sara Hsu

The BRICS nations convened in the Russian city of Ufa for the BRICS Summit last week to discuss cooperation on international and regional issues of common interest. The BRICS meeting was held in conjunction with the Shanghai Cooperation Organization and represents the seventh formal meeting of the BRICS nations. The meetings discussed several issues of central importance to China. While China's role in the BRICS alliance may be viewed as an attempt to build up its own power outside of U.S.-dominated institutions, we believe this perspective is simplistic.

The West Should Not Resist the BRICS' Aim to Build a More Equal World

Shashi Tharoor | Posted 07.13.2016 | World
Shashi Tharoor

NEW DELHI -- To the extent that the West resists the claims of the BRICS members to places of honor on the world stage, the greater will be the incentive for the BRICS countries to consolidate their own alternative system and view of the world.

BRICS Leaders Launch Bank, Vow To Coordinate To Protect Economies

Reuters | Darya Korsunskaya, Denis Pinchuk and Katya Golubkova | Posted 07.09.2016 | World

By Darya Korsunskaya, Denis Pinchuk and Katya Golubkova UFA, Russia, July 9 (Reuters) - The BRICS emerging nations said on Thursday t...

The New BRICS Bank Should Be Green and Focus on Poverty

Muhammad Yunus | Posted 07.08.2016 | World
Muhammad Yunus

The primary objectives of the NDB should be to achieve three zeros by 2050: zero poverty, zero unemployment and zero net carbon emission. I wish the NDB every success in redesigning the world to make it sustainable.