BRICs still not cheap enough yet?

Troubling signs of slow growth in India and a weak rule of law in Russia contribute to the fact that the BRICs still might not be low enough for the cautious investor. The BRIC Bear Market still has a ways to go. Throw in the uncertainty with the ruling Communist Party in China surrounding Bo Xilai and the subsequent power struggle, and we may have a ways to go before things stabilize. Plummeting housing prices are sparking fears of the housing bubble bursting in cities all across the Middle Kingdom as well.

Consolidation of Power Evident in Russia

Putin is quite transparent when it comes to flaunting his power. The latest example, keeping in jail someone who opposes him.

Russia and India Partner Up

News is that Russia and India will partner up to make generation reactors for nuclear power plants. Great to see two members of BRIC join forces to keep growing.

India has plenty of thorium so this undoubtedly will help.

Tension on the Korean Peninsula

China and Russia are strongly opposed to South Korea's planned live fire exercise set to take place by Tuesday. Live fire drills conducted by the South a few weeks ago are what set off the initial artillery shelling by the North.

In The Name of Money

With gas prices falling, so integral to the Russian economy, they're looking to get friendly all over again with the EU. If the EU tries to leave them out of the picture, the Russians may get left behind... and not like being there.

G(r)8 Debate

The only country in BRIC, Russia, that's part of the G-8 took part in discussions with the 7 other members recently. A decent supply of food for the world seemed a bigger concern than any woes the economy might be going through. Expanding the G-8 could be in the works. If China is allowed to join then they may be held to higher standards, good for everyone.

The next likely president for Russia has liberal ideas for the economy

Is this a hint at the opening up of Russia? The man who many think will be the next president of Russia wants to open up the economy more. He wants to possibly shake up the leadership of some state run corporations. Of note is that he realizes how much of a problem corruption is in his country; a true roadblock to the development of the economy there.