The other emerging markets are all sharply slowing down in terms of growth–the BRICs, China, Russia, India, Brazil, and also Mexico, Turkey. Partly it’s because there’s a recession in the Eurozone and UK, partly it’s because they’re not doing their reforms. - in Bloomberg
Related: iShares MSCI Emerging Markets (ETF) (EEM), Market Vectors Russia ETF (RSX), iShares MSCI Brazil Index (ETF) (NYSE:EWZ)
Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.