Businessweek (March 29)
2012/ 03/ 30 by jd in Global News
“Leaders of the biggest emerging markets agreed on steps to increase lending in local currencies to foster trade.” These BRICS economies “accounted for 15 percent of global trade in 2010, up from 3.6 percent in 1990,” with nearly a quarter of world GDP, up from 16% in 2000.“Leaders of the biggest emerging markets agreed on steps to increase lending in local currencies to foster trade.” These BRICS economies “accounted for 15 percent of global trade in 2010, up from 3.6 percent in 1990,” with nearly a quarter of world GDP, up from 16% in 2000.
