Long hailed as the hungry new tigers of the global economy, the world's biggest emerging markets will be the chief economic focus at the G20 summit in Russia this week as their once surging prospects suddenly dim.
BRICS leaders (From left) India's Prime minister Manmohan Singh, President of the People’s Republic of China Xi Jinping, South Africa's President Jacob Zuma, Brazil's President Dilma Rousseff and Russian Federation President Vladimir Putin, Durban, March 27, 2013. Long hailed as the new tigers of the global economy, the group will be the chief economic focus at the G20 summit in Russia
Brazil, Russia, India, China and South Africa -- grouped in the informal BRICS bloc seen as an alternative economic powerhouse -- all go into the meeting experiencing slowing growth and embattled currencies.
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