BRICS – Page 2 – Deena Zaidi

5 Startling Developments in Greece

April 9, 2015January 22, 2018deenazaidiEconomy, Europe, Eurozone Crisis, World EconomyLeave a Reply

Greece’s bailout extension expires in May this year and its inclination towards the members of BRICS seems inevitable. For long, Greece’s economy has been bringing troubling news to the Eurozone. The EU members have time and again tried their best to keep Greece in the common currency zone but bailouts and downgrading has got the worse out of Greece. However, the debt crisis in Greece seems to only deepen and has taken a different turn with some new developments in the Greece’s strategy – mostly captured in the statements of Greek Defense minister, Panos Kammenos.

How far has BRICS come?

January 19, 2015April 17, 2017deenazaidiAsia-Pacific, China, Economy, India, World EconomyLeave a Reply

As emerging markets enter turmoil, questions regarding BRICS remain unanswered. China was known for being the second largest economy that could drive the asian markets towards infrastructural growth and development. But this year some troubling news from mostly all the emerging markets with Brazil’s debt being reduced to “junk” status. What started, as a pompous affair of five nations coming together in support of one another’s infrastructural needs, now appears to be more of a promotional event.

BRICS – Where does it stand in 2014?

December 10, 2014April 17, 2017deenazaidiAsia-Pacific, Brazil, China, India, Infographics, World EconomyLeave a Reply

With the talks of a New Development Bank in China, BRICS has managed to raise some questions. Will the association of emerging markets manage to create stir in the the global economy or will it be another alliance of economies that just have meetings over nothing. Amidst many criticisms, economies of Brazil and Russia can pose more complication than contribution to the group. But it is definitely too early to completely write off BRICS.