2 months ago
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Jim O’Neill, the economist who coined the term ‘BRIC’ 25 years ago, argues that the group is losing its relevance.
At its peak, the BRICS coalition of economies – Brazil, Russia, India, China and South Africa – was seen as a serious attempt to move away from the United States dollar and the domination of Western economic institutions like the World Bank, Group of Seven (G7), and International Mo...
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