Photo: Russian President Dmitry Medvedev, gestures while arriving in the Ural Mountains city of Yekaterinburg, Russia, Monday, June 15, 2009. Russian President Dmitry Medvedev will host leaders from China and Central Asia Monday at the summit of a regional grouping dominated by Moscow and Beijing. (AP Photo/Mikhail Metzel)Emerging Economic Powers Meet in Russia -- New York Times
MOSCOW — Leaders of some of the world’s most powerful economies gathered Tuesday to discuss how they can exert more control over the global financial system as it takes its first wobbly steps toward recovery.
Yet not an American or Western European was in the bunch.
The first summit meeting of the so-called BRIC group — Brazil, Russia, India and China — was intended to underscore the rising economic clout of these four major developing countries and their demand for a greater voice in the world. And Russia, the group’s host and ideological provocateur, was especially interested in using the summit to fire a shot across Washington’s bow.
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More News On The Shanghai Cooperation Organization
First summit meeting of BRIC leaders begins in Yekaterinburg -- China View
Russia, China seek greater international clout -- Yahoo News/AP
Russia Hosts 'Counterbalance' to U.S., 'Shanghai Cooperation Organization' -- FOX News
Medvedev calls for new reserve currencies -- AP
Russia challenges dollar, China offers loans -- AP
China, Russia Woo Central Asian Countries With Bailout Cash -- Bloomberg
Big four emerging economies meet for first summit -- Canada.com
Backgrounder: Brief history of Shanghai Cooperation Organization -- China View
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