President Barack Obama, seeking to shape his legacy, said that COP 21 makes the United States, which did not ratify the earlier Kyoto Protocol,... ... Sachs, Jim O'Neill, the creator of the BRIC (now BRICS) model, predicted that the combined GDP of eight countries-- China, Russia, India, Brazil, Turkey, Mexico, South Korea and Indonesia-- will account for about a third of the world economy by 2020. The G7 ...
... prime minister Narendra Modi’s visit to Washington, the Obama administration and friendly media have positioned the new Indian leader as a leader who is open to reforming big government and implementing free market policies. But critics of Modi say ... ... a change. The nation’s internal politics had become a hotbed of inertia and disposed to sluggish growth and inflation. China has been dumping cheap consumer goods into Indian markets for the past few years and continues to do so, which has been ...