BRIC

MSCI (NYSE: MSCI), a firm with indexes tracked by dozens of developed and emerging market ETFs, said that its MSCI Greece Index has been added to the review list for potential reclassification to emerging markets status. In the report, MSCI stated, "[t]he MSCI Greece Index is structurally no...

"The world is new, and the countries driving it are not the ones of past generations," Jim O'Neill, Head of Global Asset Management for Goldman Sachs (NYSE: GS) told CNBC in an exclusive interview from the firm's Summit in New York. Having coined the term BRIC (Brazil, Russia, India, China), he...

PIMCO's CEO and co-CIO Mohamed El-Erian has sounded bells on what he believes are fundamental compromises that could thwart progress on the continued world crisis. In an article appearing on Project-Syndicate.org, Dr. El-Erian refers to two areas where the United States and Europe may be colluding...

Goldman Sachs' (NYSE: GS) rockstar Jim O'Neill reinforces his ongoing thesis that Greece-focused histeria is tedious at best. While he believes European Monetary System concerns are valid and sovereign debt issues will be there for the foreseeable future, he thinks Greece is small peanuts as long...

How did India get to where it is today? Prior to 1991 the Indian economy was plagued with corruption, slow growth, protectionism, central planning and extensive regulation which discouraged economic expansion. The Prime Minister at the time, P.V Narasimha Rao appointed a career economist, Dr....

Overnight Wednesday, data out of China showed that manufacturing in the nation was slowing. China's purchasing manager index came in at 49, lower than the consensus estimate of 49.8. A reading below 50 signals a contraction in the manufacturing sector. Chinese authorities may have been...

It's no secret that the four BRIC nations of Brazil, Russia, India and China are growing their economies like weeds. When Jim O'Neill first created the group in 2001, much of their growth stories were still unknown. Today, a quick Google search and investors can find hundreds of stories about the...

Despite all the negativity facing the U.S. and Europe, The World Bank sees increased growth in the emerging world. The organization has increased its growth forecasts for the group of nations. The bank predicts developing countries will grow at 6.3% in 2011, compared to its 6% January forecast....

French finance minister Christine Lagarde announced her candidacy for the Managing Director of the International Monetary Fund Wednesday, defying a growing chorus of critics who challenge traditional European leadership. "It is an immense challenge which I approach with humility and in the hope of...

Holiday traffic is a familiar sight all over the world. So it's no surprise that during the long Easter weekend, many Brazilians have left the confines of their cities to spend some time relaxing with their relatives around the country. However, what is surprising is the sheer volume of traffic....

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 'Inside Job' Brings Gordon Gekkos to Life Movie-goers at this week's New York Film Festival, taking a break from the exploits of Gordon Gekko, will have the chance to boo the real-life characters behind the...