Posts Tagged ‘China’

The Organization for Economic Cooperation and Development (OECD) chief, Angel Gurria, sent a strong warning to emerging countries during an interview with CNBC television, last Thursday: “There’s… a danger of asset bubbles in places like Brazil or places like India and we should be careful about that — that is a real threat”, he said. [...]

The heads of state of Brazil, Rússia, India and China will meet again on April 16th, in Brasília, the Brazilian capital. They first met in the Russian city of Yekaterinburg last year to discuss the international financial crisis. The agenda for the April summit is still being discussed. The meeting comes as Brazil, Latin America’s [...]

By Louis Navellier - Nasdaq.com
Lots of investors are clamoring over China right now because stocks there have experienced phenomenal growth since January 1, 2009. There’s no mystery behind China’s appeal: The country has experienced robust economic growth even in the worst of the recession, including a nearly 9% annualized gain in GDP for the third-quarter that [...]

Brazil´s president, Lula da Silva, and the Chinese leader,Hu Jintao, hold hands in Beijing, earlier this year
By Sebastian Mallaby – The Washington Post
The country of the moment is Brazil, that melting pot of almost 200 million people. A thriving democracy, it has a hugely popular president and rapidly falling poverty. It recently won contests to [...]

By Camila Fontana and Adriana Brasileiro – Bloomberg 
Brazil’s rate of investment is failing to keep pace with demand sparked by President Luiz Inacio Lula da Silva’s stimulus programs, threatening to quicken inflation and force policy makers to increase interest rates. 
As demand recovers after Brazil’s first recession since 2003 — helped by public spending, tax cuts [...]

The Copenhagen opening ceremony on Monday as the climate change summit began
By Reuters
COPENHAGEN (Reuters) – China led calls by developing nations for deeper emissions cuts from the United States, Japan and Europe at U.N. climate talks on Tuesday, as a study showed that this decade will be the warmest on record.
The first decade of this century was [...]

Countdown to Copenhagen, Parque do Ibirapuera, São Paulo, Brazil
By TOM ZELLER Jr. – The New York Times
With the scientific consensus more or less settled that human activity — the burning of fossil fuels, torching of forests, and so forth — is contributing to a warmer and less hospitable planet, one might reasonably ask, why is [...]

By Juliet Eilperin, Washington Post Staff Writer
 
By offering concrete emission targets last week, the United States and China have resuscitated global climate talks that were headed toward an impasse. But the details that have yet to be resolved — including the money that industrialized countries would offer poorer ones as part of an agreement — [...]

By PAUL KRUGMAN From The New Yok Times

Photo by Fred R. Conrad/The New York Times

 
International travel by world leaders is mainly about making symbolic gestures. Nobody expects President Obama to come back from China with major new agreements, on economic policy or anything else.
But let’s hope that when the cameras aren’t rolling Mr. Obama and his hosts [...]

Brazil wants developing countries to have their say and a bigger vote share in the IMF and in the World Bank. According to an article published this Tuesday (8) by the Brazilian newspaper Folha de S. Paulo, that is the government’s main goal for the next G-20 meeting in Pittsburgh, U.S., on September 24th.  
Brazil’s official statement, [...]