BRICS Is Sure to Expand, Russia Says. Any Ideas for a New Name?

Admitting South Africa was the easy part. BRICS, the emerging markets club that owes its existence to a Goldman Sachs Group Inc. economist who coined the acronym for Brazil, Russia, India and China, is looking at more expansion. Any ideas on renaming it are welcome.

Merkel Shifts From Euro to Global Agenda With Papal Visit

(Bloomberg) -- German Chancellor Angela Merkel added Pope Francis to her expanding diplomatic push on Saturday, stepping away from euro-area crisis negotiations to promote her global agenda on combating climate change, disease and poverty.

IMF chief urges action in tackling euro crisis

TOKYO (AP) — The head of the International Monetary Fund on Thursday called for urgent action to tackle Europe's debt problems and an approaching fiscal crisis in the U.S., warning that the struggling world economy is already falling short of even pessimistic expectations.