BBCNEWS Talking Business June 4, 2024 15:34:00
Wherever you'rejoining 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 o'neill, now lord o'neill, 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, we're 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 wester...