Thursday, April 14, 2011
BRICS Leaders See Threat to Growth From Commodity Volatility
0 comments Posted by Find Insurance Online at 3:49 PMBy Bloomberg News - Apr 14, 2011The leaders of Brazil, Russia, India, China and South Africa said excessively volatile commodity prices pose a threat to the global economy and called for greater regulation of derivatives markets.Volatility “poses new risks for the ongoing recovery of the world economy,” the leaders said, according to a communique from their summit in the Chinese resort of Sanya.
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