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major world economy. its also one of the major leading players in the group of emerging economies who are talking up the idea of a common trade currency to counter the dollar. so, could they become the trading block of the future? im going to be discussing all of that and more with these two. there they are. the man who first coined the phrase the brics, and a former central bank economist from brazil. also on the show, shining bright like a diamond. yeah, the shiny rocks have been one...

north, temperatures will fall away under the starry skies, and were looking at a fairly widespread rural frost at the very least. so we start off on a rather chilly note first thing sunday, quite a keen wind coming through the north sea as well for eastern areas, still that brisk—ish wind towards the north and west. but for mostjust a day of dry and bright weather with hazy spells of sunshine for the most part. and temperatures will obviously not be as high as today because theyre st...

to the country torn by internal conflict. you are watching bbc news. now, its talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. lets go and take a look at whats on the show. the great global divide — is the world economy drifting away from us dominance, as some of our biggest emerging economies are showing us what economic growth is all about? india, its sitting pretty at the top of the pack, growing faster than any other ma...

You know, back in 2001, a directorfrom goldman sachs, jim oneill, now lord oneill, coined the phrase the brics, an acronym for what he gauged were the countries with the highest growth potential that would dominate the global economy by the middle of this century. so, brics, were talking about brazil, russia, india, china and later south africa. they became an established group within a decade. they have met every year since. they emerged as a group collaborating to challenge the western dominat...

China and later south africa. they became an established group within a decade. they have met every year since. they emerged as a group collaborating to challenge the western dominated economic order and to advance their common economic interest. and its a club with clout, comprising over 40% of the worlds population, together making up nearly a quarter of the global economy and approaching a fifth of the total world trade in goods. the growth story has been somewhat mixed across the brics with,...

Wherever yourejoining me from around the world, once again, a big hello, and a warm welcome to the show. you know, back in 2001, a directorfrom goldman sachs, jim oneill, now lord oneill, coined the phrase the brics, an acronym for what he gauged were the countries with the highest growth potential that would dominate the global economy by the middle of this century. so, brics, were talking about brazil, russia, india, china and later south africa. they became an established group within a decad...