nations strong growth economies the world of being an emerging markets until recently the brics by that i was sold some of the rising problem as you know of turkey or indonesia you know because not just the brics what concern is about the briggs and other emerging market is in all of them for the federal reserve there is now a slowdown of growth you see it in china city in russia you see it in brazil is because europe and you are sort of slowing down if not constructing but in part of this because many of these companies are move their way. and they're going to form the floors of all below growth companies about a further two as they state that he's too much government intervention they call me too much for all of the state owned banks so they know the enterprise is too much protection is too much for us so it's not one of these and over that's a negative because of a slowdown potential growth it's going to lead to lower the long run become a grown up more of the brakes are actually going in the wrong that actually in the next few years that's a risk that we have to consider what about

very slow economic recovery where do you see the new tigers emerge and what is the present role of brics nations strong growth economies the world will be in emerging markets until recently the brics but that i was sold some of the rising power as you know turkey or indonesia you know or mexico's not just the brics what concerns about the briggs and other emerging market is in all of them for the federal reserve there is now a slowdown of growth you see it in china see iran. in brazil in part of this because europe and you are sort of slowing down if not constructing but in part of this because many of these companies are move their way from market oriented that a form of the floors and all the low growth companies about it for two as they state that he's too much government provided so they call on me too much for all of the state owned banks so they know the enterprise is so much protection is too much resource not sure what it is and over time that's a negative because it's going to slow down potential growth it's going to lead to lower the long run you can only grow so more of the br

nations this throng growth economy as the world will be in emerging markets until recently the brics but that always sold some of the rising power as you know of turkey or indonesia you know because not just the brics what concerns about the briggs and other emerging market is in all of them for the federal reserve there is now a slowdown of growth you see it in china city and in brazil in part of this because europe and you are sort of slowing down if not constructing but in part these because many of these companies are move their wait. to get a form of towards them all the old growth companies about it for two as a state that he's too much government about should they call on me too much for all of the state owned banks then all the enterprises too much protection is too much resource not sure what it is and over time that's a negative because it's going to slow down potential gold it's going to lead to lower the long run we can only grow at the top of the brakes are actually going in the wrong that actually in the next few years that's a risk that we have to. say that what about

nations this strong growth economy is the world of being an emerging markets until recently the brics but that always sold some other rising power as you know turkey in the knees you know or mexico's not just the brics what concerns about the briggs and other emerging market is in all of them for the federal reserve and there's now a slowdown of growth you see it in china see iraq in the in brazil in part of this because europe and the us sort of slowing down if not constructing but in part is because many of these companies and their way from market oriented bit of foreign wars a mile below growth of these about it for you as a state that so much government intervention economy too much role of state owned banks then all the enterprises so much protection is too much resource nationalism and over that's a negative because it's going to slow down potential gold it's going to lead to lower the long run we can only grow so more than about the brakes actually going in the wrong that actually in the next few years that's a risk that we have to. and say that what about russia specific role

markets until recently the brics by that i was sold some of the rising power as you know of turkey in than a job you know or mexico's not just the brics and what concern is about the briggs and other emerging market is in all of them for the federal reserve and there's now a slowdown of growth you see it in china city in russia you see it in brazil in part of this because europe and you are sort of slowing down if not constructing but in part is because many of these companies and their way from market oriented go to foreign wars and well below the world these are better for you as a state that much of an intervention economy much role of the state on banks thing on enterprises so much protection is too much resource nationalism and over kind that's a negative because of a slowdown potential growth is going to lead to lower the long run you can only grow so more of the by the brakes actually going in the wrong that actually in the next few years that's a risk that we have to consider what about russia specific role because recently you said the russia correct me if i'm wrong that russ

you know because not just the brics what concerns about the briggs and other emerging market is in all of them for the federal reserve there is now a slowdown of growth you see it in china see iraq in brazil in part of this because europe and you are sort of slowing down if not constructing but in part these because many of these condos are moved away from market oriented but a form of the words them all good old growth companies about it for two as a state that he's too much government intervention they call on me too much for all of the state owned banks then all the enterprise is too much protection is too much resource not sure what it is and over time that's a negative because it's going to slow down potential growth it's going to lead to lower the long run you can only grow so more of the brakes are actually going in the wrong that actually in the next few years that's a risk that we have to. say that what about russia's specific role because recently you said the russia correct me if i'm wrong russia should not be considered as one of the brics nations and the will never be incl

mc recovery where do you see the new tigers mudge and what is the present role of brics nations strong growth economies the world of being an emerging markets until recently the breaks but it always sold some of the rising power as you know turkey or in the nice job you know or mexico's not just the brics and what concern is about the briggs and other emerging market is in all of them for the federal reserve and there's now a slowdown of growth you see it in china city in russia you see it in brazil in part of this because europe and you are sort of slowing down if not constructing but in part of this because many of these countries are moved away from market oriented that of foreign wars and all the local he's got it for us a state propaganda a much government intervention economy too much role it's the state owned banks thing all the enterprises so much protection is too much resource nationalism and over that's a negative because it's going to slow down potential gold it's going to lead to lower the long run you can only grow so more of the brakes are actually going in the wrong tha

first time to rescue the world from the credit crisis in two thousand and eight and by the way the brics group that is brazil russia india china and south africa has a separate meeting they are pushing for a multilateral world for updating old institutions like the i.m.f. and world bank which are heavily dominated by the u.s. and europe but it's the emerging markets now which are the engine of the global economies the russian president skipped the g eight summit earlier in may he sent the prime minister in his article came out today about the challenges of the global economy and it was clear from the article that he sees the g. twenty as a more inclusive platform for talks maybe not as a little as some of the other you know smaller gatherings but we're also getting the first bilateral meeting between presidents putin and obama since the russian leader took office in may and washington accuse each other of stoking violence in syria u.s. says russia provides weapons. uses to kill civilians moscow rejects the claim and says it only supplied air defense systems under existing contracts russi

nations this throng growth economy is the world of being an emerging markets until recently the brics but that always sold some other rising power as you know turkey in the asia you know because not just the brics what concern is about the briggs and other emerging market is in all of them for the federal reserve and there's now a slowdown of growth you see it in china see iraq show you see it in brazil is because europe and you are sort of slowing down if not constructing but in part of this because many of these companies are move their way. into that a form of the words a mile below good old copies of that i've heard too as a state that he's too much government intervention they call on me too much for all of the state owned banks and all the enterprises is too much protection is too much resource nationalism and over time that's a negative because of a slowdown potential gold it's going to lead to lower the long run we can only grow at the top of the brakes are actually going in the wrong that actually in the next few years that's a risk that we have to consider what about russia'

very slow economic recovery where do you see the new tigers emerge and what is the present role of brics nations their strong growth economies the world of being . in emerging markets until recently the breeks thought that i was sol some other rising power as you know of turkey or in the nice job you know or mexico's not just the bricks and what concern is about the briggs and other emerging market is in all of them for the federal reserve and there's now a slowdown of growth you see it in china city in russia you see it in the in brazil in part of this because europe and the us sort of slowing down if not constructing by the product is because many of these condos are moving away from market oriented but of course more is a mile below the world these are better for us a state that so much government eventually calling me too much role of the state on banks thing on the enterprise is so much protection is too much resource nationalism and over that's a negative because a slowdown potential growth is going to lead to lower the long run we can only grow so more of the bad the brakes are ac

the brics are insisting every penny has to be spent before their money starts being used. they also insist their money cannot just be used for european bailout. perhaps very important is they say you can have the money, but we want more power and more voting rights. the imf has always been dominated by the troubled economies of the united states and europe. the greeks are saying we want more voting rights and more power at the table. also very aware that if this crisis goes on stopped, it will have an impact. we're already seeing it. the big question, will we see something concrete? let's have a listen to the director-general of the world trade organization. your request to sort out their own problems, but they will get a strong signal from the rest of the world, and i spend a lot of time in that part of the world, and it will get the signal that the rest of the world needs a convincing, credible road map for things to come in the european union. we know otherwise greece or spain it will probably be little too late. hopefully the rest of the leaders have gotten the message

let's get to brian shactman with a market flash. >> no brics, just cotton. jpmorgan issuing several apparel makers and vf corp. only one with an overweight, stock at the highs of the day, up 2%. price target is 167. keep in mind they talk about management mostly when dealing with this but cotton year over year way down, a good thing for vfc. >> we like to hear good things. thanks, brian. on deck a lot of lasagna, like at the bottom of your stomach sitting like a brick. who is hot and who is not when it comes to economic growth? steve liesman will take us out of this world to find out which country is winning the growth game. >>> another twist to the home building is back story, building not to sell. brick by brick. "street signs" returns after this. he >>> als is important to me because i recently had a family member who is diagnosed with this, it's a debilitating disease that affects the neurological system to the point where you just completely start to deteriorate and it is a very difficult process to stop. if we are privileged enough to have any extra, t

russian ruble lost eleven percent while the brazilian brow plunged twelve percent and analysts say the bric currencies could lose at least another fifteen percent by the end of the year. so that would be a grim outlook there but that's it from us here at the business us for now back to you all right marina thanks for that we'll see you back same place same time next hour we're going to take a short break here on archie and i'll be back with the headlines. there hasn't been anything yet on t.v. . it is to get the maximum political impact. before source material is what helps keep journalism honest we thought. we wanted to present. something else. just give me can i speak we use fear then we didn't explain my son died in a gun don't agree you don't agree we don't want to look for other things my son isn't isn't in the arena i don't know what is crap we are going to try before you'll see him to. be. sure of your country. if the country isn't your age. the moon or hope to help you family. you find in some of the old says war and meet some steam.

ruble lost eleven percent of its value the brazilian ryall plunged twelve percent analysts say the bric countries could lose at least another fifteen percent by the end of the here. and that's all we have time for in the situation of business will be back in about fifteen minutes with all the latest do join us them are looking forward to it thanks for that update. and the news headlines are coming your way during r.t. don't go away. there hasn't been a thing yet on t.v. . it is to get the maximum political impact. before the source material is what helps keep journalism honest we thought. we wanted to present. something else. download the official auntie application to go on the phone i pod touch from the i.q. stops to. watch on t.v. life on the go. video on demand ati's minefield comes and r.s.s. feeds now in the palm of your. question on the dot com.