News Flashes Not just another BRIC in the wall

Not just another BRIC in the wall

Ever since Goldman Sachs coined the BRIC acronym in 2001 (at that time, it excluded South Africa), its members have aspired to shape the club into a counterweight against Western hegemony. That aspiration took a step forward this week with the news from the BRICS Summit in Johannesburg that Argentina, Ethiopia, Iran, Saudi Arabia, Egypt…