Thursday, 14 June 2018

BRICs Inventor Says G-7 ‘Irrelevant’ Because China and India Are Left Out

SOURCE: Bloomberg Donald Trump was right to call for a shakeup in the Group of Seven membership. He just picked the wrong emerging market to add, according to Jim O’Neill. The former chairman of Goldman Sachs Asset Management, who famously coined the “BRICs” in 2001 to refer to the fastest growing emerging markets, said the G-7 can’t be […]

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