Soulmate7
06-16-2009, 04:02 PM
Brazil, Russia, India and China say the world needs a more diversified international monetary system.
The four so-called BRIC nations are concluding their first summit with a final statement calling for the reform of global financial institutions to reflect changes in world economy.
They said Tuesday there is a strong need for a stable, predictable and more diversified global monetary system and urged support for a more democratic and just "multipolar" world order.
There was no explicit mention of the U.S. dollar or the United States in the statement.
http://finance.yahoo.com/news/Russia-China-others-urge-apf-15537436.html?sec=topStories&pos=1&asset=&ccode=
The four so-called BRIC nations are concluding their first summit with a final statement calling for the reform of global financial institutions to reflect changes in world economy.
They said Tuesday there is a strong need for a stable, predictable and more diversified global monetary system and urged support for a more democratic and just "multipolar" world order.
There was no explicit mention of the U.S. dollar or the United States in the statement.
http://finance.yahoo.com/news/Russia-China-others-urge-apf-15537436.html?sec=topStories&pos=1&asset=&ccode=