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Thursday, April 14, 2011

BRICS leaders from the five large developing nations criticized the current dollar-dominated world monetary order and called for a broad-based international reserve currency system.'

from eurasiareview.........


"Another major issue was the BRICS countries’ common goal of achieving a greater say in international institutions.
President Hu says the leaders agreed that the rise of new power centers around the world is affecting the global economy.
Hu says the changes in the world economy are complicated and that increased international dialogue will be needed to reform and perfect global economic governance.
The BRICS counties are calling for a broad-based international reserve currency system, which the declaration says would provide stability and certainty"..............read more here

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