Courtesy: GovernmentZA/Flickr
The ZANU-PF party’s recent victory in the elections in Zimbabwe is fraught with allegations of manipulation. Reactions have varied, but South African President Jacob Zuma has endorsed the outcome. How will Mugabe’s re-election impact relations with South Africa? What will be the impact on Zimbabwe’s economy?
Courtesy: Blog do Planalto
The launch of the BRICS Universities League in Shanghai is an important effort for the five nations to understand each other and define their place in global governance
Courtesy: Government/ZA/Flickr
At the 5th BRICS Summit that begins in South Africa today, the heads of state of Brazil, Russia, India, China and South Africa are expected to ratify the creation of the BRICS Bank. After discussion and study for over a year by the respective governments, the bank will be launched with seed money estimated at between $50 billion to $100 billion, and most likely an equal share of voting rights for the management of the bank. What remains
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This bi-annual report includes features written exclusively (unless mentioned otherwise) for Gateway House: Indian Council on Global Relations by various contributors, and Gateway House staff, from January-July 2012.
Courtesy: South African Foreign Policy Initiative
South African Foreign Policy Initiative republished Gateway House's report, titled 'BRICS: The new Syndicate.' This bi-annual report includes features written exclusively for Gateway House: Indian Council on Global Relations by various contributors, and Gateway House staff, from January-July 2012.
The recent death of the Ethiopean Prime Minister, Meles Zenawi, in a hospital in Brussels highlights the trend of political elite in Africa availing medical attention abroad. It stirs yet another debate on the pitiable state of affairs of healthcare in the continent, and the lack of political will to improve it.
Courtesy: Live Mint
Live Mint, a business newspaper republished Gateway House researcher Samir N. Kapadia's article. He writes that banks around the globe would be wise to take a second look at what now could be the most significant agreement in international finance since the Euro: the BRICS currency swap.
Courtesy: Flickr/t3rmin4t0r
Banks around the globe would be wise to take a second look at what now could be the most significant agreement in international finance since the Euro: the BRICS currency swap. Though certain geopolitical risks are involved, could this free India from unpredictable currency fluctuations?
Courtesy: World Economic Forum/Flickr
The emerging BRICS economies agree that the West should hold less sway in the global economy. But their leaders, despite regular summits, have failed to articulate a coherent vision because of divergent interests, says journalist Martin Wolf.
Courtesy: Presidential Press and Information Office/Wikimedia Commons
If not dominated by China’s renminbi, what would nations with bills called renminbi, real, rupee, ruble and rand call their common currency? The BRICS quest for an alternative to the dollar is rooted in a belief that America’s printing press economy and mega banks are mega dangers to global stability.