What can be done to spur growth in the U.S. and the euro zone? Peter Henry, Dean of NYU's Stern School of Business, thinks the answer lies in developing countries.
Leaders of the BRICS nations — Brazil, Russia, India, China and South Africa — are wrapping up a summit today. They have a new plan to create a bank to fuel economic growth in the developing world.
Leaders of Brazil, Russia, India, China and South Africa are meeting today in New Delhi to work on an economic strategy apart from the developed world.
The leaders of Brazil, Russia, India, China and South Africa gathered in New Delhi today for a summit for the so-called BRICS group of emerging economies. At the top of agenda is a proposal to establish their own development bank.