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Bank in focus for Durban Summit

Bank in focus for Durban Summit

The five member states are likely to finalise the structure for a BRICS development bank at the Summit this March.

Brazilian economy recovering

Brazilian economy recovering

GDP will grow in Brazil but analysts say they need to focus on lowering inflation rates in 2013.

Russia calls to lift sanctions against Myanmar

Russia calls to lift sanctions against Myanmar

Russian Foreign Minister Sergei Lavrov urges the West to lift sanctions against Myanmar.

World Bank: Russia GDP to grow 3.6%

World Bank: Russia GDP to grow 3.6%

A new report has suggested that the Russian economy will grow despite turbulence in the global economy.

China opposes EU investigation

China opposes EU investigation

The Ministry of Commerce says EU probes into Chinese steel products are "unreasonable".

China to map the Diaoyu Islands

China to map the Diaoyu Islands

A new document has been released today in Beijing outlining plans to survey the disputed Diaoyu Islands.

Putin meets Bangladeshi PM in Moscow

Putin meets Bangladeshi PM in Moscow

Sheikh Hasina, the Prime Minister of Bangladesh is visting Moscow to improve bilateral relations.

Profit, don’t profiteer says Zuma

Profit, don’t profiteer says Zuma

South African President Jacob Zuma says mining companies must become socially responsible.

Be wary of US capitalism- Stiglitz to India

Be wary of US capitalism- Stiglitz to India

Economist and Nobel laureate Joseph Stiglitz says India should not replicate US capitalism.

Nine killed at gold mine in China

Nine killed at gold mine in China

A gold mine accident in northeast China has killed nine and injured 28 more.