Latest update: 23/09/2011 
- bailout - Brazil - China - credit crisis - debt - Europe - IMF - recession - world economy

Can BRICS save Europe from financial crisis?
Meeting on the sidelines of the UN assembly in Washington is BRICS. That's the group of 5 emerging global economies made up of Brazil, Russia, India, China and South Africa. Ahead of the reunion, Brazil's President Dilma Rousseff made it clear that her country wants to help bailout some of Europe's most debt-stricken governments, either by buying government bonds from countries like Greece and Italy or by channeling money through the IMF. Will the other BRICS nations agree?
By Katerina VITTOZZI

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