Five emerging economic powers of the world, “Money” IMF announced the Creation
Brazil, Russia, India, China and South Africa contains the world’s five emerging economic powers, the International Monetary Fund to be met for a “mini” IMF forming announced. According to foreign news agency, the heads of the five countries unanimously declared the establishment of the new organization whose main purpose is to deal with the economic crisis and the future of MMA is to reduce the influence. Initially the “mini” IMF volume to $ 50 billion of capital will be $ 100 billion, which will be extended.According to the agreement so that all five countries invest as equal a country’s sovereignty is not possible.
Cheques in the northeastern city of Brazil Brazil’s President delim rusuf fartylyza money landmark decision establishing the IMF said, calling the current economic system in the right direction is an important step to take. Russian President Vladimir Putin to address the economic problems the new deal as a strong method. Jenny said the president jnpng prmaasy systems globally to improve developing countries, we need to represent the Indian Prime Minister Narendra Modi said that we stand for peaceful and stable world and a clear stand need to work with.
The five countries concerned, 40% of the world population and is the fifth stable economy while the U.S. and its allies move at a bad news because it does not take Russia out of the G-8 countries contributed Tiny, but now he has become part of the IMF.
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