For BRICS, Bouquets and Brickbats Graham Crouch/Bloomberg NewsFrom left to right: Dilma Rousseff, Brazil's president, Dmitry Medvedev, Russia's president, Manmohan Singh, India's prime minister, Hu Jintao, China's president, and Jacob Zuma, South Africa's president, at the BRICS Summit in New Delhi, March 29, 2012. Whether the BRICS meeting in New Delhi Thursday was a massive triumph or a disappointment seems to depend a bit on who you ask. In "BRICS Leaders Fail to Create Rival to World Bank," Jim Yardley of The New York Times writes of the internal divisions that have kept the group from achievements. B Mathur/ReutersFrom left to right: Dilma Rousseff, Brazil's president, Dmitry Medvedev, Russia's president, Manmohan Singh, India's prime minister, Hu Jintao, China's president, and Jacob Zuma, South Africa's president, at the BRICS Summit in New Delhi, March 29, 2012. Even before such a bank is created, some have written it off. Britain's Telegraph newspaper explained yesterday "Why a BRICS- Built Bank to Rival the IMF Is Doomed to Fail" India's The Hindu newspaper, on the other hand, emphasized the group's "strong statement on Iran," and focus on economic and development issues. "BRICS Pushes Hard for New Global Order," was the headline in India's Mint newspaper. "The five emerging economies under the BRICS umbrella on Thursday, aware of their growing global stature, offered the most audacious challenge to the old economic order," the Mint wrote of a proposed trade plan. From Rossiskaya Gazeta, which is the official Russian state newspaper, the headline reads, "Five countries with ambition," and subhead says, "BRICS offer the world its model of interstate relations." The lede: "Few doubt the special role the rapidly developing (BRICS) countries will play in the future development of the global economy. Even now the five BRICS countries - Brazil, Russia, India, China and South Africa - represent 40 percent of the world's population, 20 percent of the world economy and 15 percent of international trade. Whatever your opinion of the BRICS summit, everyone, including the five world leaders themselves, seemed to think that it was an excellent photo op.