From RBTH via Stratrisks
''Economists from Argentina, Brazil, and Russia have begun evaluating
the possibility of creating their own risk assessment agency to analyze
economic development in emerging economies, such as those that make up
BRICS: Brazil, Russia, China, India, and South Africa.
Over the
course of several informal meetings representatives discussed the
systematization of data and statistics collected by BRICS countries. The
consortium is currently one of the biggest movers and shakers in the
global economy. At the G-20 summit that was recently convened in Los
Cabos, Mexico, BRICS representatives proposed a new strategy for global
economic development in which member countries would lead changes aimed
at restructuring the international financial system.''
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