China, Russia, India, Brazil and South Africa announced a working

merging market countries are discussing pooling up to $240 billion in foreign exchange reserves to protect themselves from short-term liquidity pressures, according to, jointly pooling reserves and Using emotional intelligence in team management is a skill The US Fiscal Cliff has began taking its toll on the leading indices in global markets. Gold has been gaining on the back of the US indices, signalling the fundamental reason for recent gains in the precious metal is safe-haven demand. Technical analysis onmanagers aspire to, but not many are good. creating a new development bank to fund infrastructure projects in the developing world.Forexpros - China’s trade balance rose unexpectedly last month, official data showed on Saturday.In a report, National Bureau of Statistics of China said that Chinese TradThe move is part of growing frustration among the BRICS and other developing countries with the continued dominance by the United States and European countries of global institutions like the International Monetary Fund and World Bank.