BRICS
BRICS is an intergovernmental organization comprising ten countriesBrazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. The idea of a BRICS-like group can be traced back to Russian foreign minister Yevgeny Primakov and to the two forums RIC (Russia, India, China) and IBSA (India, Brazil, South Africa). BRIC was originally a term coined by British economist Jim O'Neill and later championed by his employer Goldman Sachs in 2001 to designate the group of emerging markets. The first summit in 2009 featured the founding countries of Brazil, Russia, India, and China, where they adopted the acronym BRIC and formed an informal diplomatic club where their governments could meet annually at formal summits and coordinate multilateral policies. In April 2010, South Africa attended the 2nd BRIC summit as a guest. In September 2010 they joined the organization which was then renamed BRICS, and attended the 3rd BRICS summit in 2011 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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16th BRICS Summit
The 2024 BRICS summit was the BRICS#Summits, sixteenth annual BRICS summit, held in Kazan, Russia. It was the first BRICS summit to include Egypt, Ethiopia, Iran, and the United Arab Emirates as members, following their accession to the organization at the 15th BRICS summit. Outcome The theme of the event was: “Strengthening Multilateralism for Fair Global Development and Security.” UN Secretary-General António Guterres spoke about the Russian invasion of Ukraine and said: "We need peace in Ukraine. A just peace in line with the UN Charter, international law and United Nations General Assembly Resolution ES-11/1, UN General Assembly resolutions." Palestinian President Mahmoud Abbas attended the summit, and BRICS leaders called in a statement for the establishment of a Palestine, Palestinian state within the 1967 borders. BRICS members introduced a payment system named BRICS PAY, BRICS Pay designed to facilitate transactions and the interchange of financial information bet ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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17th BRICS Summit
The 2025 BRICS summit will be the seventeenth annual BRICS summit, held in Rio de Janeiro, Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population .... Background Between 28–29 April 2025, a meeting of the members' foreign ministers was held in Rio de Janeiro, Brazil, ahead of the leaders summit. The ministers failed to release an agreed-upon joint statement, but voiced concerns over the Tariffs in the second Trump administration, rise of protectionist trade practices from the Second presidency of Donald Trump, Trump administration in the United States. Expected leaders File:Lula (05-09-2024).jpg, alt=BrazilLuiz Inácio Lula da Silva, President, Luiz Inácio Lula da Silva, President of Brazil, President (Host) File:Сергей Лавров (14-02-2022) (cropped).jpg, alt=R ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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BRIC (economics Term)
BRIC is an acronym describing the foreign investment strategies grouping of Brazil, Russia, India, and China. The term has been rendered as "the BRICs", "the BRIC countries", "the BRIC economies", and the "Big Four". It is a leading example of "acronym investing" where investments are targeted to a group of otherwise disparate markets which share a common feature. The term has been expanded by observers to include other countries such as South Africa (BRICS), Mexico (BRIMC), and South Korea (BRICK), among others. The term was first coined by British economist Jim O'Neill, Baron O'Neill of Gatley, Jim O'Neill and later championed by his employer Goldman Sachs in 2001. O'Neill identified the four countries as Emerging market, emerging markets and rising economic powers which were at a similar stage of newly advanced economic development. Goldman Sachs, of which O'Neill was the head of global economics research, would continue reporting and investing in their BRIC fund until 2015. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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3rd BRICS Summit
The 2011 BRICS summit ( zh, c=金砖国家领导人第三次会晤) took place in Sanya on the island of Hainan, China, on 14 April 2011. This was the third BRICS summit since 2009 and the first to formally include South Africa after its accession to the group in December 2010. The meeting took place among the five heads of state/heads of government from the BRICS states following bilateral meetings in the prior days. Background Following a meeting in Brasília in 2010, to which South Africa was invited as a guest, the group invited South Africa to join as a full member in 2011 and the group formerly called BRIC officially became BRICS. Theme and Vision The Chinese president chaired the BRICS Leaders Meeting in southern China's resort city of Sanya, and gave a speech under the theme of "Broad Vision, Shared Prosperity." The theme was based under the vision as 'The 21st century should be marked by peace, harmony, cooperation and scientific development.' Discussions ;Economics ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Luiz Inácio Lula Da Silva
Luiz Inácio Lula da Silva (; born Luiz Inácio da Silva; 27 October 1945), known Mononym, mononymously as Lula, is a Brazilian politician, trade unionist and former metalworker who has served as the 39th president of Brazil since 2023. A member of the Workers' Party (Brazil), Workers' Party, Lula was also the 35th president from 2003 to 2011. Born in Pernambuco, Lula quit school after second grade to work, and did not learn to read until he was ten years old. As a teenager, he worked as a metalworker and became a trade unionist. Between 1978 and 1980, he led the 1978–1980 ABC Paulista strikes, ABC workers' strikes during Brazil's military dictatorship in Brazil, military dictatorship, and in 1980, he helped start the Workers' Party during Redemocratization in Brazil, Brazil's redemocratization. Lula was one of the leaders of the 1984 Diretas Já, ''Diretas Já'' movement, which demanded direct elections. In 1986 Brazilian legislative election, 1986, he was elected a federal ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Jim O'Neill, Baron O'Neill Of Gatley
Terence James O'Neill, Baron O'Neill of Gatley (born 17 March 1957) is a British economist best known for coining BRIC (economics term), BRIC, the acronym that stands for Brazil, Russia, India, and China—the four once-rapidly developing countries that he predicted would challenge the global economic power of the developed G7 economies. He is also a former chairman of Goldman Sachs Asset Management and former Conservative Party (UK), Conservative government minister. O'Neill was Commercial Secretary to the Treasury in the Second Cameron Ministry from May 2015 to September 2016. He chaired the UK's Independent Review into Antimicrobial Resistance from 2014 to 2016. He was the chairman of the Council of Chatham House, the Royal Institute of International Affairs from 2018 to 2021. Education O'Neill grew up in Gatley and attended Burnage High School for Boys, a comprehensive school. He obtained a Bachelor of Arts (BA) degree in 1977 and a Master of Arts (MA) degree in economics fr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United Arab Emirates
The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a Federal monarchy, federal elective monarchy made up of Emirates of the United Arab Emirates, seven emirates, with Abu Dhabi serving as its capital. It shares land borders with Oman to the east and northeast, and with Saudi Arabia to the southwest; as well as maritime borders in the Persian Gulf with Qatar and Iran, and with Oman in the Gulf of Oman. , the UAE has an estimated population of over 10 million, of which 11% are Emiratis; Dubai is List of cities in the United Arab Emirates, its most populous city and is an international hub. Islam is the State religion, official religion and Arabic is the official language, while English is the most spoken language and the language of business. The United Arab Emirates Oil reserves in the United Arab Emirates, oil and natural gas reserves are the world's List of countries by pr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Yevgeny Primakov
Yevgeny Maksimovich Primakov (29 October 1929 – 26 June 2015, ) was a Russian politician and diplomat who served as Prime Minister of Russia from 1998 to 1999. During his long career, he also served as Minister of Foreign Affairs from 1996 to 1998, the Director of Foreign Intelligence from 1991 to 1996, and Speaker of the Supreme Soviet of the Soviet Union from 1990 to 1991. Primakov was an academician ( Arabist) and a member of the Presidium of the Russian Academy of Sciences. Personal life Primakov was born in Kyiv in the Ukrainian SSR, and grew up in Tbilisi in the Georgian SSR. Primakov's father's surname was Nemchenko. He had been imprisoned in the Gulag during the Stalinist purges. Primakov's mother was Jewish, named Anna Yakovlevna Primakova. She worked as an obstetrician and was a cousin of the famous physiologist . Primakov was educated at the Moscow Institute of Oriental Studies, graduating in 1953, and carried out postgraduate work at Moscow State Universi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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IBSA Dialogue Forum
The IBSA Dialogue Forum ( India, Brazil, South Africa) is an international tripartite grouping for promoting international cooperation among these countries. It represents three important poles for galvanizing South–South cooperation and greater understanding between three important continents of the developing world namely, Africa, Asia, and South America. The forum provides the three countries with a platform to engage in discussions for cooperation in the field of agriculture, trade, culture, and defence among others. The IBSA Dialogue Forum plays an increasingly important role in the foreign policies of India, Brazil, and South Africa. It has become instrumental for promoting ever closer coordination on global issues between three large multicultural and multiracial democracies of Asia, South America and Africa, and contributed to enhancing trilateral India-Brazil-South Africa cooperation in sectoral areas. Origin After the co-operation between India (South Asia), Br ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Union Of International Associations
The Union of International Associations (UIA) is a non-profit organization, non-profit non-governmental organization, non-governmental research institute and documentation center based in Brussels, Belgium, and operating under United Nations mandate. It was founded in 1907 under the name Central Office of International Associations by Henri La Fontaine, the 1913 Nobel Peace Prize laureate, and Paul Otlet, a founding father of what is now called information science. The UIA is an independent research institute and a repository for current and historical information on the work of global civil society. It serves two main purposes: to document and promote public awareness of the work of Yearbook of International Organizations, international organizations (both International nongovernmental organization, INGOs and Intergovernmental organizations, IGOs), International Congress Calendar, international meetings, and Encyclopedia of World Problems and Human Potential, world problems. The ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second-largest investment bank in the world by revenue and is ranked 55th on the ''Fortune'' 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board. Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Acronym
An acronym is a type of abbreviation consisting of a phrase whose only pronounced elements are the initial letters or initial sounds of words inside that phrase. Acronyms are often spelled with the initial Letter (alphabet), letter of each word in all caps with no punctuation. For some, an initialism or alphabetism connotes this general meaning, and an ''acronym'' is a subset with a narrower definition; an acronym is pronounced as a word rather than as a sequence of letters. In this sense, ''NASA'' () is an acronym, but ''United States, USA'' () is not. The broader sense of ''acronym'', ignoring pronunciation, is its original meaning and in common use. . Dictionary and style-guide editors dispute whether the term ''acronym'' can be legitimately applied to abbreviations which are not pronounced as words, and they do not agree on acronym space (punctuation), spacing, letter case, casing, and punctuation. The phrase that the acronym stands for is called its . The of an acron ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |