From an acronym coined by the economist Jim O'Neill for the leaders of the
developing countries - Brazil, Russia, India and China - to a powerful bloc, the
Brics have come a long way in the last decade.
For starters, they were joined by South Africa, adding the final 'S' to the
original Bric.
Furthermore, since the economic turmoil of 2009, these large emerging
countries have gained importance, even though they still face many challenges.
http://www.bbc.co.uk/news/business-18242370
Showing posts with label BRIC. Show all posts
Showing posts with label BRIC. Show all posts
Friday, 1 June 2012
Friday, 11 September 2009
Brazil's and Russia's economy

A wealth of natural resources is helping to fuel growth in Brazil but poverty remains a key concern.
http://news.bbc.co.uk/1/hi/business/7372443.stm
A guide to the BRIC economies.
http://www.etftrends.com/2009/05/ultimate-guide-bric-etfs.html
Russia's economy is expected to shrink by six per cent this year. It is a dramatic turnaround from just a few months ago when it was predicted to grow by five per cent.
Unemployment is rising by more than half a million a month. The result can already be seen on the streets of Moscow's soup kitchens.
http://news.bbc.co.uk/1/hi/world/europe/8017994.stm
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