Articles on BRICS
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The global recognition of BRICS – Brazil, Russia, India, China and South Africa – has not only led to their greater global political influence, but also reinforced their regional leadership.
Why the Shanghai stock exchange should be thought of more as a casino than as a proper stock market.
Despite the emphasis on a mutually beneficial economic relationship, political and security concerns have the power to undermine cooperation between China and India.
r all of India’s cricketing passion, economic strength and for that matter its population size, the country is arguably the world’s most under-achieving sporting nation.
Not too long ago, state capitalism was considered a relic of the mid-20th century. Not anymore.
Vladimir Putin has delivered his annual press conference and at the top of the agenda was the Russian economy, reflecting that the turmoil buffeting the Russian rouble has reached critical levels. After…
The outsourcing of call-centre work to developing countries by Western companies has become a huge business. For many, it represents a positive force of globalisation, bringing not only cost benefits to…
The Chinese property market that has powered the country’s rapid economic growth for a decade and a half has suffered a contraction. This seems to confirm a popular pessimistic outlook that China’s property…
The introduction of hard-nosed private sector investment and the age-old pressures of social norms mean microfinance institutions are at risk of losing their social conscience – and both clients and staff…
While Western nations beef up economic sanctions and Nato discusses what stance to take toward Russia, the BRICS are maintaining tacit support for Moscow despite the Ukraine crisis. This is not entirely…
The US-Africa summit held last week in Washington DC was a damp squib. Barack Obama had to host at least one such summit, given how successfully the Chinese have used such meetings, but the occasion was…
Chinese President Xi Jinping has just returned from his second state visit to Latin America, having achieved what no other leader could. His dash through Argentina, Brazil, Venezuela, and Cuba has breathed…
The top news from this year’s BRICS summit was the announcement of a New Development Bank. Headquartered in Shanghai, the bank will become operational in 2016 with an initial capital of US$50 billion…
It remains to be seen precisely how and why the Malaysia Airlines Flight MH17 crashed over the territory of the self-proclaimed “Donetsk People’s Republic” in eastern Ukraine on Thursday. But whatever…
Could history one day judge the latest BRICS summit as significant as the Bretton Woods conference of 1944? That is the hope of leaders from Brazil, Russia, India, China, and South Africa as they meet…
The extraordinary 7-1 defeat of Brazil by Germany in the World Cup semi-final is richly ironic. Many Brazilians had hoped that by hosting the World Cup in 2014, their country could finally exorcise the…
When FIFA awarded the 2014 World Cup finals to Brazil seven years ago, it looked as if the tournament would be a coming out party for the country. Now, the picture is far more mixed. It has become fashionable…
Financial markets love to come up with snappy acronyms – you have all heard of BRICS, but there are many others, with the “fragile five” being the latest. The BIITS - Brazil, India, Indonesia, South Africa…
The global financial crisis has morphed into its latest form: an emerging markets currency crisis. Investors are fleeing developing and middle-income countries – even those with strong long-term growth…
I found myself in wholehearted agreement with Boris Johnson, as he took the opportunity of his trip to China to express his opinion that British children should learn Mandarin. China has come a long way…


















