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Monday, June 6, 2011

Should the IMF turn towards BRICs nations?

Should the IMF turn towards BRICs nations?



Following the downfall of Dominique Strauss-Kahn, the IMF is searching for new leadership. Is it time for someone from a BRICs country to step up to the plate? Raj Doshi of Mani Capital, Inc. says BRICs nations are the backbone of the global economy and perhaps the best solution would be for them to break off from the IMF and start their own fund altogether.


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