now this gave birth to investment opportunities economic miracle and of course acronyms we have the brics perhaps most famously but also the mints and this if it's but even if developing countries lend themselves to acronyms our guest says they cannot be lumped together economically each tells its own unique story which he lays out in his book not only that but now as some of the fastest growing emerging markets are getting to a more mature phase and global growth is slowing with easy money liquidity drying up and with central bank stimulus possibly reaching the end of its rope at a time when crises a europe for example are dragging a connelly's down where could the next emerging market boom come from who are the up and comers looking forward. to traverse is the global looking for them he manages around twenty five billion dollars in emerging market assets for morgan stanley and travels the world obsessing over developing countries as he puts it and he's written about them in his book breakout nations in pursuit of the next economic miracles he's here to tell us what they are so first tha

that's the b, c and i of bric, the acronym that stands for some of the fastest growing countries on the planet. there's no doubt on anyone's mind now that the whole world is slowing if the b, the c and the i of bric are tanking. that leaves the r, and russia, the r, cannot carry the world. then one last one. our revenues have been negatively impacted by the appreciation of the u.s. dollar against a number of currencies. oh, lordy. the dollar is just going up huge just this week. and things have only gotten worse, even today. that's it. here we go. 271 words. 271 little words of inelegant prose from columbus, indiana, took down your whole stock market. and why not? here's cummins, best of breed, the best of the best. taking market share from its principal competitor and they're having a hard time. now you know the truth of what's happening out there in industrial america. in the industrial world, sure there was other negative news in the last hour. semiconductor firms and semiconductor manufacturers they both blew up. jcpenney announced sizable corporate layoffs, not long after credit su

well this year always the brainchild of the russian foreign ministry in fact the brics is also largely a pet project of the foreign ministry. and it was initiated in two thousand and six by no one other than president putin. so if you want to do it the organization itself was his only initiative and the first stage it comprised three states russia china and india. later but it included brazil in finally thousand africa. i don't think it's possible to measure the efficiency and significance of each organization is they all have their specific character first of all responsibility in the interest of the c.e.o. in central asia. it is acknowledged there are russia china and their alliance within the organization is of great importance. deals with matters of security. cooperation it also deals though the degree with economic cooperation it has a number of large projects in this area. as you know but an enlargement of this organization is being discussed right now. many other countries. already participate in the work of this organization. as observers or delhi partners. actually our foreign

>>>lquno pudayante roger f >>> los brics tenímuch usió > sado, toca, le entramo eporte,suebién ento quobierétarestopuueel idte de dijera ququel bofo est csirado paraóximo torn. > naan d sntos está en losples betis, un rerte daluae q esmp sje, ue nttó a joecampbe. > lals el chago fi an el de ls Ánges, ane en pl 1 a spuéseane con e el segdoel día,ylaxganó 2 a lafórmula 1, austra markebb gan el gr premio deranbreta, alonfue seguo,checpére abandonódesps de un choqun >>> en don, ro federe suimtítu al perar muay rgeerer iglamade pepr y co el troe nuevolnú 1 d mun. > ormaldonad dijoque chchpéreóde arlo hedijo qenezo e impde vam más. >>nto uest última pausa,ylregresslas sreen imena mart tador l saenosltimoses♪.÷÷ > lanoticiasla inrmió terminan uí mantga conta aivisión no >>> después >> después de meses la nasa reveló imágenes de la superficie de marte.estas son las más cercanas a estar ahí.la escena de 360 grados, junta cientos de imágenes. se ha estado trabajando en marte, desde hace más de un año. nosotros ponemos los pies en la tierra mañana tenemos más información. feliz semana. >>

america so american control over power of wife who also limited brazil's exit towards the pacific as a bric countries brazil russia india china and south africa and the united states at the same time is again promoting after that we american free trade association with its traditional allies in our region mexico panama colombia peru and chile so we would serve as a pacific wall against what they consider what the americans consider dangerous brazilian expansion because of the fact that it is not just in the commom make ally within the bric countries but very much so even to a certain extent a political or a potential political ally of russia and china's history now the us project self on the issue of free speech push about same right extend to social media one side is now looking at plans to block posts that they deem to be racist or offensive now the president is in new york to find out if internet companies should be able to decide what's acceptable and what's not. twitter is instituting a new policy of blocking posts it deems racist is it ok for social media websites to pick and choose w

dangerous brazilian expansion because of the fact that it is not just in the commom ally within the bric countries but very much so even to a certain extent a political or a potential political ally of russia and china specifically. however there is always more to find at r.t. dot com online right now. saying is lauder an american pilot provides his rendition of a popular head the latest act of questionable conduct by u.s. forces in afghanistan. sanctioned down scrapped st petersburg bans a massive gay rally disappointing over a thousand activists who were expected to take to the streets discover the details on our website. our social media website wants to censor your posts it's aimed at blocking water believes are racist and of fans of obviates bought will a compromise the public's freedom of speech the president is in new york to find out the opinions of people there. twitter is instituting a new policy of blocking posts it deems racist is it ok for social media websites to pick and choose what can and can't be sad but this week let's talk about that favorite thing all right but some

will also limited brazil's exit towards the pacific as a bric countries brazil russia india china and south africa and the united states at the same time is again promoting after that we american free trade association with its traditional allies in our region mexico panama colombia peru and chile so we would serve as a pacific wall against what they consider what the americans consider dangerous brazilian expansion because of the fact that it is not just in the commom make within the bric countries but very much so even to a certain extent a political or a potential political ally of russia and china spitzer. remember there is always more to find at r t dot com sell online right now. saying is law an american pilot provides his rendition of a popular hit the latest act of questionable conduct by u.s. forces in afghanistan. sanctioned and scrapped st petersburg bans a massive gay rally supporting over a thousand activists who were expected to take to the streets discover the details on our website. you're watching our team social media website once to sansar your posts it's aimed at b

consider dangerous brazilian expansion because of the fact that it is not just in commom within the bric countries but very much so even to a certain extent a political or a potential political ally of russia and china's history. well remember there's always more to find at r t dot com online right now. they can slaughter an american pilot provides his or and dish another particular and heads the latest act of questionable conduct by u.s. forces in afghanistan. sanctioned and spragg saying that is very bands a massive gay rally disappointing over a thousand activists who were expected to take to the streets discover the details on our website. wealthy british soil. that's what i was. going to do when i was. market. come to. find out what's really happening to the global economy with my stronger no holds barred look at the global financial headlines to conjure reports on our. social media web side wants to sounds or your posts it's aimed at blocking water believes a racist in advance of updates but will it compromise the public's freedom of speech the president is a new york to find out t

[music playing] bridging resources in communities, bric, is the acronym. we, as the name implies, we bridge resources in communities with a prevention focus. our primary role is to partner with great organizations like the far southeast family strengthening collaborative. the mission of the far southeast family strengthening collaborative is to be a catalyst for the ward 8 community, really helping the community coalesce around issues of families and children and the issues that they deal with. i think that anytime there is an issue within the family, the entire family is impacted. whether it is mental health, substance abuse, hiv, whatever it is. if one family member is impacted, then it impacts the entire family. family really is anybody that you can rely on. any resource that you have at your disposal to build your own strengths. you do have to look at the whole picture because if you're constantly just focusing on the children or the youth and not their parents or other caregivers, then when they go home there's going to be a disconnect. and if you hav

you are seeing is a real rise of the bric companies at the cost of western companies. a company that has 70,000 employees in the u.s., with a company like general motors and the u.s. still has and it has been declining over the years. even though it is non and i can only downside though us here. >> it is of a partially and i think you will see, at some point, and equilibrium. i do not think you will ever get to a point where there are no >> ised company's dullest guess where far camera at belmont -- economic woes, but the 500 enjoyed record profits and revenues. what does that say? >> that is exactly the point with a global economic recession, companies have receded a bit and companies do often find a way of continuing to find new places to grow. often in the emerging markets. >> ok, stephanie. thank you for joining us. you are watching "bbc world news america." still to come, climb aboard what many have never seen. >> and few have had to do it with a clear and video cameras during the search and rescue missions, we have the reports that had everyone watching the fathe

one of the bric country, of course. but never fulfilled that promise of expectations of economic expectations. when could it. when will the vail of uncertainty be lifted? is it a maerlt of decades? >> hopefully not decades. the demographics will be better than china. but i think right now, india -- everyone is so pessimistic. everyone is so bearish. they just need a couple of thicks to turn in the right drek, and you'll see the confidence and momentum back. but we're not there right now. >> tom: looking from an investment perspective. eric stein from boston eaton advance. >> the government may not be closing the doors come september. the house of representatives and senate leaders struck a deal pushing the deadline back another six months and giving them more time to work out the looming tax hikes and spending cuts. the al will b votedn in september. and homeowners with fannie mae and freddie mac will have to look elsewhere for a break in mortgages. regulators say they will not allow troubled loan holders to take part i

india had the highest inflation rates amongst thhe bric economies. food prices are big problems for indian people. 11%.s aup the indian economy in the first three months of this year slowed to a nine-year low. typically when you have high inflation, you raise interest rates. but when you have a weak economy, that's what hurts even more. >> its not the only problem in india. >> a big worry for the economy is agriculture. there's the monsoon season off to a fairly weak start. we have seen deficient rainfall almost across the country. crop harvest heavily depends on the rainfall. we could see problems potentially for agriculture. even though we saw some encouraging signs last week with the industrial output increasing, it will be a tightrope walk for the bank of india when it reviews monetary policy of the end of the month. >> it's a big juggling act. there you go. >> thanks very much. clinton's efforts underway in japan's southern island after a year's worth of rain fell on the weekend. -- cleanup efforts. landslides and floods of left 30 people dead o

consumption in gay's one point four barrels per person per year so as we bring economic development to the bric countries we're going to see millions of additional consumers come into the market so that is putting tremendous pressure on the man's side so the consequence for that is that oil prices will necessarily continue strong will see volatility but prices will come continue a strong so despite the volatility of the tendency will be plus i mean it will then see all of the blood is ok but will the industrial economies given the tendency to talk now will they be trying to cut their dependency on import of oil and gas what it means that they have to cut this dependence well yes and this is a good thing actually because the other way in portland aspect that we have. to deal with is to consume wisely our resources so that we can continue the livery of oil and consuming oil for a long term so the industry has been able to find the valuable or oil in areas that are extremely challenging and some of them very expensive so as we see you know the markets you know looking for diversification looking f

we're obviously in a slowdown, a worldwide slowdown and the brics have slowed down and india and china have slowed down. idea raising taxes on individuals who make more than $250,000, 500,000 for a family is going to affect hiring is false, phony. i hire people to make more money, period. and-- >> okay. gary b, you're not a political consultant. are you pessimistic and what does it mean to people who are, who should be hiring in america? >> with well, brenda it's not good. let's get where the obama tax hits. >> it hits 3% of the small businesses that are doing the bulk of the hiring, making the bulk of the revenue and pay the bulk of taxes and hits them scarily as john alludes to. so, they have the taxes going up on the quote, unquote rich. you have the obama health care taxes and by the way, captain gains taxes are going up. wait a second, is it worth it to me to hire the people and buy the equipment. i'm sure he's buying big turbines, stuff like that, but small businesses do that, but let's look what the survey says, despite what steve says, i mean, he has a great business and that p

the major events and forums is the g twenty eight the shanghai cooperation organization summit the brics summit and the apec summit. in the matter of fact this will reside there will help to promote russia's interests and people promotes the. principle of international law and. the. worse. work hard to promote the principles set forth in the church and un charter. and in any cases when military force needs to be applied. should be only the security council of the united nations that shoots the tops of the resolutions and no unilateral sanctions well it could be productive in this case. the most russia's foreign policy will always be independent ads as it has always been we see the result of a legacy and it reflects unique a unique role of russian international affairs and with a role that has evolved over the past centuries and. it has nothing to do with an isolated approach more with a confrontation on where we want we see integration more than in global affairs human. influence need to be pragmatic and flexible. and this is true from within this for economic interests where it's very i

consider dangerous brazilian expansion because of the fact that it is not just in the commom within the bric countries but very much so even to a certain extent a political or a potential political ally of russia and china. twenty five minutes past the hour in the russian capital an update of our top story one hundred five people have now reportedly died in the massive flooding in the southern russian president our region dozens have been injured and thousands of homes left devastated after five months of rain fell within twenty four hours rescuers are trying to evacuate survivors but the rayna swept away roads and seven communications making the effort six string to difficult the area is a popular seaside resort with thousands of russians flocking there during the holiday season we'll bring you the latest information on the disaster as it develops right here on our team. and a recap of our top stories we in just a few minutes from now stay with us life here in moscow. there hasn't been anything good on t.v. . it is to get the maximum physical impact. before the source material is what helps

dangerous brazilian expansion because of the fact that it is not just in the commom ally within the briccountries but very much so even to a certain extent a political or a potential political ally of russia and china's history. well remember there is always more to find at our cars our website and online right now. say and slobber on american products provides his rendition of a popular a hit the latest act of questionable conduct by u.s. forces in afghanistan. sanctioned then scrapped saying that his birth bans a massive gay rally disappointing over a thousand activists who were expected to take to the streets discover the details on our world website. how is the ideal of multicultural society. sharing the motherland. there hasn't been anything good on t.v. . it is to get the maximum political impact. the source material is what helps keep journalism on the we. we want to present. something you know. you're watching r t now social media website wants to censor your posts it's aimed at blocking the water the waves are racist and offensive updates but will a compromise the public's freed

is a few major countries the us israel turkey and always lead the russians and the chinese and the bric countries are not full by it and most of the developing world will not align movement nobody is fooled about it what the main players foreign players want regime change in syria they have to also in front of the international look to so they have a go she hadn't planned they have the discussions and it's absolutely ridiculous because the only little buggers doing fights iran and saudi arabia which are both major players in the syria situation it's ridiculous. online no way across the global at times to end serious conflict and also at our t. dot com japan goes back to nuclear energy despite the focus human disaster pledge it's restarting a reactor after shutting them all down in may of a security concerns putting last year's tragedy. plus the questions over the three major u.s. credit rating agencies as an investigation into their methods is launched following the downgrade of fifteen global banks last month. britain is on the verge of a web wide big brother with internet and phone pr

basically is a few nato countries the us israel and always lead the russians and the chinese and the bric countries are not full by it and most of the developing world they're no nonaligned movement nobody's fooled about it what these main players for in glee of swan's regime change in syria they have to pull some wool in front of the international room to so they have a coffee an unplanned they have the geneva discussions and it's absolutely ridiculous because the only little buggers doing fights iran and saudi arabia which are both major players in the syria situation it's ridiculous. meanwhile turkey isn't letting the tension is on its frontier with syria sending six fighter jets to the area and qatar says it's in response to helicopter helicopters from the arab state flying close to the border though there was no violation of its airspace the move follows the shooting down of a turkish fighter jet last month after it crossed into syrian airspace and caught a claim the plane was on armed and had strayed briefly while just testing its own side's radars in response to the downing of the

consider dangerous brazilian expansion because of the fact that it is not just in commom ally within the bric countries but very much so even to a certain extent a political or a potential political ally of russia and china spitzer. well remember there's always more to find at our t. dot com our website and on line right now. you can fly an american pilot provides his rendition of a particular hit the latest act of questionable condo by u.s. forces in afghanistan. sanctioned then scrapped saying that his birth bans a massive gay rally disappointing over a thousand activists for words affected take to the streets all this cover of the details on our website. and take a look at the most stories from around the world of fundamentalist catholic community ransacked and burned to school and western mexico it claims children should be educated by the church and see school as work of the devil hundreds took part in setting the building ablaze last august the colony demanded their children be allowed to wear religious robes stead of school uniforms. were many lawmakers overwhelmingly voted to impeach

is a few nato countries the us israel turkey and always lead the russians and the chinese and the bric countries are not full by and most of the developing world they don't align movement nobody is fooled about it what the main players for and glee is once regime change in syria they have to pull some wool in front of the international you sold a hammock oceanic land they have the discussions and it's absolutely ridiculous because the buggers suing fights iran and saudi arabia which are both major players in the syria situation it's ridiculous. meanwhile turkey isn't letting the tension ease on its front here with syria sending six fighter jets to the area said that in response to helicopters from the arab states flying close to the border there was no violation in its airspace the move follows the shooting down of a turkish fighter jet last month after it cross into syrian airspace into the plane was an armed and had strayed briefly while just testing its own size raided in response to the downing of the aircraft in turkey began deploying artillery along its border with syria damascus

and always lead the russians and the chinese and the bric countries are not full by it and most of the developing world they're not aligned movement nobody sold about it what the main players foreign players want regime change in syria they have to pull all in front of the international community to so they have negotiated gland they have the discussions and it's absolutely ridiculous because the buggers doing fights iran and saudi arabia which are both major players in the syria situation it's ridiculous. online no way across the globe will attempt to end serious conflict also at r g dot com for the fallout from the arab revolt the war crimes court all calls for once again that his son's lawyer is to be released after the arrests in libya we explained at r.t. dot com. plus the questions over the three major u.s. credit rating agencies as an investigation into their methods is launch of following the downgrade of fifteen global banks last month. britain's on the verge of a web wide big brother with internet and phone providers readying black boxes to monitor private e-mails a social ne

look in context here there was a lot of headlines and you you mentioned that russia and other of the bric nations were high risk i looked at the reports and russia was ranked number fifty one hundred sixty nine in and that's really not what you'd classify is the highest risk so i think some of the spin that was put out was perhaps a little misleading albeit a bull comforting for you guys over there africa is very close through trade links both direct and historical we've got some form of portuguese colonies we've got a whole bunch of countries which got extremely strong trade and banking links and those same banking links. are what essentially bring some latin american countries into the very high risk category two it's fair to say that no one is going to be immune to this and the implications of a. breakup would be wide ranging and generally i think underappreciated people who say what's it got to do with me why should i be concerned well let's hope they don't have to find out because it wouldn't be very nice ok if we can talk about process here for a second thing that we will see those

dangerous brazilian expansion because of the fact that it is not just in the commom ally within the bric countries but very much so even to a certain extent a political or a potential political ally of russia and china are supposed to. now remember there is always more to find energy dot com online bright now. and slaughter an american pilot provides windisch and other popular hits the latest act of questionable conduct by u.s. forces in afghanistan. sanctioned dance grab say that is very bad as a massive gay rally disappointing over a thousand activists who were inspected take to the streets discover the details on our website. the social media website once to censor you're opposed to it's aimed at blocking water buildings or races that have fanciful updates but will it compromise the public's freedom of speech the president is a new york to find out the opinions of people there. twitter is instituting a new policy of blocking posts it deems racist is it ok for social media websites to pick and choose what can and can't be bad but this week let's talk about that mission profane racist t

snooze you lose or is it on more people with capital saying it sees will can make easier money in the bric countries for example is it a political decision. again we will not be attacking capitalism or the open market around but if we can being gauge on the side that if you intended ology god god god forbid we should have the automobile we could just go back to the horse and buggy wouldn't we be all better off it's like dan rather saying that there should be protections in the us house of representatives amongst the federal government i should say for newspapers because newspapers somehow need our protection technology is a good thing advances are a good thing sometimes things fall by the wayside newsstand's you are tony is just a middle class family on not just the middle class even if for a moment because rich people benefit from these you know they do but just the middle class the conversation about jobs in america for example isn't so much a conversation about technology take a look at fracking technology take a look at what we can do to get the natural gas right from underneath our fe

dangerous brazilian expansion because of the fact that it is not just income amik ally within the bric countries but very much so even to a certain extent a political or a potential political ally of russia and china us history. why let's go straight to western mexico now to kick off the r.t. world update us where a fundamentalist catholic community ransacked and burned gould in the western part of the country claims children should be educated by the church and sees schools as a work of the devil hundreds to part in setting the building ablaze last august the colony demanded their children be allowed to wear religious robes instead of the out of school uniforms. romanian lawmakers overwhelmingly voted to impeach president try and sue the prime minister and ruling coalition accused him of breaching the constitution and overstepping his or thirty. fell out of favor with the public after passing passing several rounds of austerity cuts he was close to being impeached back in two thousand and seven but managed to survive a public vote he faces the next referendum on his removal in three w

consider dangerous brazilian expansion because of the fact that it is not just in commom ally within the bric countries but very much so even to a certain extent a political or a potential political ally of russia and china are supposed to. all right as promised time for the r.t. world out there will start with western mexico with fundamentalist catholics ransacked and burned a school it claims children should be educated by the church and sees schools as the work of the devil one hundred seven building a blaze just last august the common demanded children be allowed to wear religious robes instead of school uniforms. romania lawmakers overwhelmingly voted to impeach president try on the process of prime minister and ruling coalition accuse him of breaching the constitution and overstepping his or thora he fell out of favor with the public after passing several rounds of austerity cuts he was close to being impeached back in two thousand and seven but survived a public vote he faces the next referendum on his removal in three weeks time. now a social media website wants to send so your posts

consider dangerous brazilian expansion because of the fact that it is not just in the commom within the bric countries but very much so even to a certain extent a political or a potential political ally of russia and china spitzer. u.s. prides itself on free speech but should that same right extend to social media their residences in new york to find out if internet companies should be able to decide what is acceptable and what is not. twitter is instituting a new policy of blocking posts it deems racist is it ok for social media websites to pick and choose what can and can't be said this week let's talk about that. right but some people still do. but that's the world we live in so should it be out there for people to see or should twitter take it down twitter should take it down so we're free over here in new york where we live free but doesn't the racist person live free to post whatever they want but do you have kids do you worry about them being exposed to racist comments. well that's not good yeah but you can express whatever you want anyway you should be able to express freedom you may

create a perception that makes it perhaps difficult for actors like russia or china or some of the brics even even the u.n. mission had an on and mood to to you know they have to fight through a lot of narratives to start discussing the main points so. just on the importance of it you know we're hearing as well a commander in the free syrian army is no certain older soldiers promising death if they don't switch sides in a month is not a kind of a judgment from their side at least only in the peace plan for the syrian opposition. you know it's not so first of all the general mood himself has spoken about hundreds of opposition leaders or so called leaders that they have to deal with the mission has to deal with on a regular basis so one making a statement like that does not mean all of them agree with that the u.n. mission has had great success with the various opposition members on the ground who have agreed to cease fires there are always the spoilers and this is the problem whether it's internal or external that we'll continue to see in syria or things of a small she thought show me th

dangerous brazilian expansion because of the fact that it is not just an economic ally within the bric countries but very much so even to a certain extent a political or a potential political ally of russia and china is. not date of our top story now here on r t one hundred five people are reported to have known have died in massive flooding that hit the southern russian president our region dozens have been injured and thousands of homes left devastated after five months of rain fell within twenty four hours rescuers are trying to evacuate survivors but the rain is swept away roads and severed communications making or if it's extremely difficult here is a popular seaside resort with thousands of russians flocking there during the holiday season we'll bring you the latest information on the disaster as it develops right here on our team. well coming up very shortly the report questions why america's all over sensitive markets are ignoring right britain's growing banking scandal that's coming your way after a brief recap of the day's stories right here on live in moscow. industry claims