Posted inBeijing, China, European Union, India, Russia, Shanghai, South Asia, World

BRICS summit extends market misgivings

The annual BRICS gathering in Johannesburg failed to lift the collective financial market mood after the five-nation category was down 5% on the MSCI Index through midyear. Russia, India, Brazil and South Africa joined China in condemning trade protectionism as the Beijing-Washington tariff and currency slugfest ratcheted up, with the International Monetary Fund as a […]