Building with BRICs in 2012
Investors hurt by last year’s market turmoil have enjoyed an encouraging turnaround, with many of the worst performing asset classes from 2011 having pivoted to become the standout performers of the new year. Such has been the case with emerging markets. READ MORE
Saved by the BRICs
Emerging markets, in particular China, are protecting the luxury sector from the worst of the global economic downturn. READ MORE
BRIC becomes BRICS: Emerging Regional Powers? Changes on the Geopolitical Chessboard
The world's four main emerging economic powers, known by the acronym BRIC ‹ standing for Brazil, Russia, India and China ‹ now refer to themselves as BRICS. READ MORE
BRIC A Convenient Illusion, Not A Lasting Alliance
Judging from the anti-China rhetoric that has dominated the mid-term election campaign in the United States, the potential for stronger ties between a surging and dynamic China, and a defensive and declining US seems very limited. READ MORE
EU Foreign Policy Roundup
There's a lot of fresh news on the EU foreign policy front, so here's a roundup of salient headlines. READ MORE
In A Multi-Vector Trap: Who Will Guarantee The Security Of Ukraine?
In the end of September Ukraine raised an important issue during the UNO General Assembly – who will guarantee the security of non-nuclear states? Which is the point to strive for neutrality if it will result into vulnerability? In this respect “Politcom.ru” asked the experts the following question: how do you assess the possibility of the signing of an international treaty that would guarantee the security of Ukraine and other states, which refused of its nuclear potential and/or which are not included into international military blocks? READ MORE
BRIC Military Modernization and the New Global Defense Balance (Part 1 of 2)
The message promoted by foreign policy gurus in recent years is that the American moment is over and a new global balance is emerging; one where power is no longer concentrated in Washington but spread among several different countries. The U.S. will continue to retain a prominent position at the top of the global food chain we are told, but no longer will there be the sense of American worldwide hegemony. Instead the emerging nations of Brazil, Russia, India and China (the so-called “BRICs”) will assume their rightful place as great powers and in the process create a new multi-polar world. READ MORE