Obtainable for over a yearIn 2001, a number of months after 9/11, economist Jim O’Neill was working at Goldman Sachs when he wrote a report about which international locations would possibly change into massive gamers on the earth economic system.
That’s when he got here up with the identify BRIC – quick for Brazil, Russia, India and China.
At first, nothing a lot occurred.
However in 2009, these international locations took his concept and ran with it, holding their first summit.
Since then, the group has grown, including South Africa to kind BRICS.
There are actually 11 members, and it’s been making headlines once more, as U.S President Donald Trump threatens tariffs.
Jim O’Neill speaks to Megan Jones about arising with the acronym virtually accidentally and the way he didn’t assume he’d nonetheless be speaking about it virtually 25 years later.
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(Picture: Jim O’Neill. Credit score: Jim O’Neill)Programme WebsiteShow much less
