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Future of Golden BRICS

With the successful holding of the fifth summit of Brazil, Russia, India, China and South Africa (BRICS) in Durban during March 26–27, 2013, this influential group of emerging economies completed its first important phase of genesis and evolution. The idea was floated in 2001 as an ‘acronym’ created by an investment banker of Goldman Sachs, Jim O'Neil who believed that the fast-growing economies of Brazil, Russia, China and India would be the single greatest game changers in coming times.

President Obama’s New National Security Team

United States President Barack Obama's new national security team for his second term in office was finally put in place at the end of February. It is an impressive team of men who share Obama's worldview and seem likely to accept the White House lead preferred by this president. The one woman, Susan Rice, added to the team as National Security Adviser in May reinforces the public image of foreign policy shaped by Obama.