The BRICS countries, five nations grouped together because of their burgeoning economies, are in the spotlight this week as their leaders meet in China. Made up of Brazil, Russia, India, China and, as of this week, South Africa, the BRICS countries are grouped together because while they are not yet economic powerhouses, they have the potential to become the world’s most dominant economies in the next few decades.
Some Kashmiri artists are recording a new version of the Led Zeppelin song that they hope will inspire a generation of youth raised in a conflict zone.
Wednesday is the day that India and Pakistan face off in the cricket world cup semifinal. Cricket 'fever' has been going around – in one case, just three out of 75 staff members turned up to work.
Carlos Slim retained the top spot on the Forbes rich list for the second year in a row. The Mexican telecoms tycoon represents a growing trend of billionaires bubbling up from emerging markets worldwide. Over the past year, China doubled its number of billionaires, according to Forbes, and Moscow now has more billionaires than any other city. Of the 11 richest men in the world, the following five come from emerging economies in Latin America and Asia:
Pirates' seizure of two oil tankers in the past two days threatens oil supply to the West and ramps up pressure on navies to take more aggressive action.
One dairy farmer in India is turning much of his farm's buffalo milk into mozzarella cheese, betting that growing Indian palates will begin demanding domestic cheese products.