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Looking to Invest in India?
Thursday, January 12, 2012 - 10:00am | 1946How 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....
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Chinese Manufacturing Contracts
Thursday, December 1, 2011 - 10:04am | 414Overnight 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...
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Goldman Sees the BRIC In The G7
Monday, June 27, 2011 - 3:53pm | 272It'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...
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The World Bank Sees More Growth From Emerging Markets
Thursday, June 9, 2011 - 10:19am | 213Despite 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....
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As French Finance Minister Declares IMF Candidacy, BRIC Countries Cry Foul
Wednesday, May 25, 2011 - 6:54am | 258French 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...
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Easter Traffic Jams Bode Well For BRXX
Sunday, April 24, 2011 - 3:18pm | 187Holiday 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....
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What's Hot On TheStreet
Thursday, September 30, 2010 - 1:10pm | 279Here'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...
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Buy Signal of BRIC Countries – Call of the Decade by Goldman.
Thursday, December 31, 2009 - 3:42pm | 85Goldman Sachs made the call of the decade, when they promoted BRIC’S, (Brazil, Russia, India, China) (MXBRIC: IND) in a research report published on Nov. 30, 2001, reports Bloomberg. The BRIC index soared 367% through yesterday, beating the Emerging Markets Index by 134%. The World Index of 23...