Showing posts with label BRICS. Show all posts
Showing posts with label BRICS. Show all posts

May 16, 2015

BRICS Is Sure to Expand, Russia Says. Any Ideas for a New Name?

Admitting South Africa was the easy part. BRICS, the emerging markets club that owes its existence to a Goldman Sachs Group Inc. economist who coined the acronym for Brazil, Russia, India and China, is looking at more expansion. Any ideas on renaming it are welcome.

November 04, 2014

Hypocrisy: EU seeks aid from WTO for Russian sanctions that hurt their economy

The most important thing to remember about economic sanctions is that they are used by a nation against another to achieve political, not financial goals.