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Friday, September 2, 2011

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.

The capital "S" in BRICS stands for South Africa, which formally joined the four on Dec. 24, bringing Africa into this important organization of rising global powers from Asia, Latin America and Europe. President Jacob Zuma is expected to attend the BRICS April meeting in Beijing as a full member.

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