Welcome to Snipsly, the best article advertising revenue site.

Create a Google AdSense Account & Keep 80% of your article’s advertising revenue. Click to the right to either login or create your account today.

Choose an action below, im sure you'll love it!
Join Snipsly and start making money → Login →

West’s monetary policy hurting emerging economies ugg boots clearance

ugg boots clearance

NEW DELHI – The BRICS countries Thursday expressed concerns over the monetary policy pursued by the Western countries, saying it has been hurting the emerging economies of the world.

According to a draft declaration by the BRICS, aggressive monetary easing by western central banks to revive growth in their economies is hurting emerging nations which are facing a rush of destabilizing capital inflows.

Air max shoes

“Excessive liquidity because of the central bank actions has been spilling over into emerging economies, fostering excessive volatility in capital flows and commodity prices,” according to the document.

nike free

It also says that the BRICS group wants steps to avoid escalation of the Iran oil crisis and favored a diplomatic resolution to the problem.

nike free australia

Leaders of Brazil, Russia, India, China and South Africa, the BRICS nations, are attending a one-day summit in the Indian capital.

nike free australia

Comments are closed.