http://euobserver.com/19/113615In a stunning reversal of fortune, it has emerged that the so-called Brics nations, the emerging economies of Brazil, Russia, India, China and South Africa - who almost alone in the global economy have weathered the financial crisis sitting atop huge international reserves - are planning to come to Europe's aid.
The nations are considering substantially boosting their holdings of euro-denominated bonds in their foreign exchange reserves.
According to Brazilian business daily Valor, the Brics nations are to unveil a plan that would go beyond Europe and look to aid a stabilisation of the wider global economy.
Blessed is a man who perseveres under trial; for once he has been approved, he will receive the crown of life which the Lord has promised to those who love Him.
