Leaders of the BRICS countries (Brazil, the Russian Federation, India, China, and South Africa) made this declaration at the fourth BRICS Summit in New Delhi on March 29, 2012.
The 2012 U.S. presidential election is a low priority for Brazilians, says Matias Spektor. He says that Brazil does have a stake in the economic recovery of the United States, but many Brazilians think the policies in the United States being put forth won't work.
Running down the list of the U.S. State Department's Latin America policy objectives in El País in September 2010, the economist Moisés Naím noted that they focused almost exclusively on domestic concerns.
Greece's new prime minister is seeking crucial parliamentary support for an EU bailout package that will require restructuring its sovereign debt. Economist William Cline says Uruguay's 2003 default offers a constructive model.
This report tracks the foreign investment portfolios of the BRIC governments— Brazil, Russia, India, and China—by looking at reserves holdings and holdings of U.S. assets.
Juan Forero and Michael Birnbaum suggest Greece turn to the financial histories of Uruguay and Argentina for a lesson on how to deal with its current debt crisis.
The U.S. ratification of the stalled Free Trade Agreements with South Korea, Colombia, and Panama indicates that "there is a possibility, despite the very great partisan divisions in Congress, of bipartisan cooperation on economic issues," says CFR's Edward Alden. However, Alden emphasizes that "it is important not to overstate the potential job creation benefits" of the agreements.
Speaker: Sebastian Piñera Presider: J. Tomilson Hill
Sebastián Piñera, president of the Republic of Chile, discusses Chile's strong fiscal and trade policies, as well as efforts to increase domestic per capita income.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.