Front Page: Brazil reshapes defenses against China’s new offensive

24th October 2011

BRICS

 

Sensex climbs 300 points in early trade

Mumbai: The BSE benchmark Sensex rallied by over 300 points in opening trade today on fresh spell of buying by funds and retail investors, driven by a firming trend in global markets. Times of India

 

BRIC to extend aid to eurozone

Eurozone countries are prepared to seek financial assistance from the BRIC countries, i.e. Brazil, Russia, India and China. Voice of Russia

 

Food executives charged with graft at State group

A total of 16 former senior executives with the State-owned food enterprise Wenzhou Cailanzi Group were prosecuted for graft, embezzlement, illegal distribution of State assets and bribery. China Daily

 

Aviation policies threat to jobs in sector – study

Study shows that badly designed policies in South Africa's aviation sector not only threaten the jobs of those employed in the sector but also those in the tourism and related industries. Business Day

 

Brazil reshapes defenses against China's new offensive

With the crisis in the U.S. and Europe, government and industry to arm themselves against potential new strategy for Chinese exports to the country. Folha

 

 

Developed Markets

 

Deal on EU rescue fund nears completion

Efforts to put together the so-called bazooka to ring fence the euro and its vulnerable member states from the markets were inching their way towards a conclusion last night. Irish Examiner

 

Nikkei edges up 1.90%

Tokyo – Japanese shares ended 1.90% higher on Monday as European leaders moved closer to forging a broad plan to contain the region's debt crisis. Japan Today

 

Europe Leaders Debate Severe Options

European leaders took their first steps toward a new plan to stem the euro crisis, admitting that their last grand plan, agreed to only three months ago, has failed. Wall Street Journal

 

 

Frontier Markets

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