2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 398.55

-0.2%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Giordano Bruno who wrote (88568)	3/29/2012 2:26:19 PM
From: elmatador	2 Recommendations Read Replies (2) of 218559

BRICs attack QE and urge Western leaders to be 'responsible' The world's leading emerging economies have urged Western governments to pursue "responsible" economic policies, as they renewed their attack on the quantitative easing policies adopted by the US and Britain. The BRICs, which include Brazil, also turned their fire on the pace of reform at the International Monetary Fund Photo: AFP By Richard Blackden 5:38PM BST 29 Mar 2012 "It is critical for advanced economies to adopt responsible macro-economic and financial policies, avoid creating excessive liquidity and undertake structural reforms to lift growth," Russia, Brazil, India, China and South Africa said in a joint statement. The leaders of the countries met at a one-day summit in the Indian capital New Delhi, and also turned their fire on the pace of reform at the International Monetary Fund (IMF). The US has yet to approve changes to voting rights at the IMF that were tabled in 2010 and would give a greater voice to those countries with growing economic muscle in the world. The call from the so-called BRIC nations comes at an awkward time for the IMF, as its managing director, Christine Lagarde, looks to the likes of China and India to contribute more to a fund that would help ease Europe's debt crisis. "We stress that the ongoing effort to increase the lending capacity of the IMF will only be successful if there is confidence that the entire membership of the institution is truly committed to implement the 2010 reform faithfully," the countries said.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next