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Without the constructive participation of the BRICS and other emerging economies, there is little prospect the west will continue to be able to drive global trade flows.
The 5th BRICS Summit will take place in Durban on March 26 and 27 this year.
Here is your guide to the data releases, meetings and other events likely to move BRICS markets in the week ahead.
Awarded the Oscar for Life of Pi, Lee once again bests acclaimed director Steven Spielberg.
Pope Benedict XVI will step down as head of the Catholic Church on February 28 due to old age and failing health.
Experts warned that the price hike may finally build up inflation pressure on China.
South Africa says the framework will largely depend on the commitment, resolve and actions taken by all the signatories.
Moscow says it is concerned by growth in terrorism in Africa and the war in Mali.
Analysts predict that bilateral trade between China and the Middle East will reach between $350 and $500 billion by 2020.
The average unemployment rate for the eurozone for 2013 is forecast at 12.2 per cent, up from 11.4 per cent previously.
