Brazil, Russia, India and China: world needs more diversified international monetary system

YEKATERINBURG, Russia — Brazil, Russia, India and China on Tuesday called for a more diversified international monetary system, but wrapped up their first full-fledged summit by avoiding any explicit criticism of the world’s dominant currency, the U.S. dollar.

Russia pushes for new reserve currencies at international summits, China offers loans

YEKATERINBURG, Russia — The leaders of four major emerging economies — Russia, China, Brazil and India — apparently failed Tuesday to reach consensus on reducing the dominance of the U.S. dollar despite growing calls for an alternative global reserve currency.

Russia pushes for new reserve currencies at international summits

YEKATERINBURG, Russia — China and Russia sought greater international clout at a summit Tuesday, with China promising a $10 billion loan to Central Asian countries, while Russia challenged the dominance of the U.S. dollar as a global reserve currency.

Kremlin adviser: Russia may put part of its currency reserves in bonds of China, Brazil, India

YEKATERINBURG, Russia — The Kremlin’s top economic adviser says Russia may put part of its currency reserves in bonds issued by Brazil, China and India.

China to loan regional group including Russia, Central Asia $10 billion to help economies

YEKATERINBURG, Russia — Chinese leader Hu Jintao says China will extend a $10 billion loan to a regional group that also includes Russia and four Central Asian states.

Russian President Dmitry Medvedev calls for new reserve currencies beyond the dollar

YEKATERINBURG, Russia — Russian President Dmitry Medvedev says the world needs new reserve currencies.

Russia’s Medvedev in regional summit talks with China’s Hu, Central Asian leaders

YEKATERINBURG, Russia — Russia played regional power broker Monday, hosting China and Central Asian nations for a summit that highlights the Kremlin’s efforts to maintain clout in former Soviet territory and raise its profile in Afghanistan.