Sunday, June 10, 2007

Putin for BRICs

Big Rising Industrializing Countries and for Developing Countries.

Stations of economic development.
clipped from
Russia - Russian President
Vladimir Putin
called Sunday for creating an alternative to the
World Trade Organization
that would favor developing economies and suggested giving a greater role to regional currencies.
Speaking at an economic forum in Russia's second-largest city of St. Petersburg, Putin lamented that today's international economic organizations "look archaic, undemocratic and awkward" by protecting the interests mainly of developed economies.
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