India’s commitment prompts BRICS to aid Euro zone
- At the G-20 meet, albeit Chinese President Hu Jintao had already spoken before Prime Minister Manmohan Singh, it was only after Singh concluded his speech, Jintao again stood up to announce China’s $43 billion assistance to the IMF.
– Before the G-20 meetings, $360 billion had already been promised by various nations
– Russia and Brazil committed assistance of $10 billion each
– South Africa promised about $2 billion
Month: Current Affairs - June, 2012