Category: Emerging Markets

The New Rich of China, Russia and Brazil


The economic boom in Asia and emerging economies, as well as inflation all across the globe has caused in increase in a number of billionaires in China, Russia and Brazil in 2011.

According to some reports, sources suggest China is set to have almost doubled the figures of their billionaire headcount to 115. Meanwhile Russia and Brazil have 101, and 30 billionaires respectively – confirmed by Forbes in its annual list of world’s richest men. This is the first time a country has emerged with more than 100 billionaires apart from US which has 413 billionaires till date.

China Says It’s OK w India Security Council Seat


China said on Tuesday it understood India’s desire 

to gain a permanent seat on the United Nations Security Council, 

where China is the only Asian member. 

“China supports appropriate and necessary reforms to the UN Security Council,” 

Chinese Foreign Ministry spokesman Hong Lei told a regular news briefing. 

“China understands India’s desire to enter the Security Council. 

Emerging Markets


The Emerging Markets was a term coined by World Bank economist Antoine W. van Agtmael in 1981 in reference to nations undergoing rapid economic growth and industrialization. The term is often used interchangeably with ’emerging and developing economies’.

Emerging Financial Markets in the world


Emerging Financial Markets in the world