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Cooperation was certainly difficult to establish, mainly due to the growing influence of the BRIC countries (Brazil, Russia, India, and China), which are starting to throw a little weight around (though substantially less in Russia’s case). The heydays of the Group of 8 are over, and almost everything proposed at the summit had to get past the emerging economies. Case in point: When Sarkozy proposed a global crackdown on tax-heavens, it was Chinese, not American, opposition that cut down the proposal substantially so it could protect financial centers in Hong Kong and Macao...

Author: By Raúl A. Carrillo | Title: Hail to the Chiefs | 4/2/2009 | See Source »

...building—who pointed out 11 separate tagging sites on the building. BPD spokesman Joseph Zanoli said that the vandalism is believed to have taken place between 6 p.m. on Thursday and 6 a.m. on Friday. The incident is currently being investigated by the Boston Regional Intelligence Center (BRIC), which “focuses on the intersection of high impact criminal activities, locations, and people,” according to the Boston Police Department Web site. Zanoli said that BRIC’s involvement with this case suggests that the incident was the result of gang activity...

Author: By Emily J. Hogan, CRIMSON STAFF WRITER | Title: Med School Building Vandalized | 3/1/2009 | See Source »

...nation's past - Robert E. Lee's signed resignation to Lincoln, the badge of the policeman who was killed saving Truman's life, the same portraits that hung in the sitting room where the Marshall Plan and Truman Doctrine were hammered out. Today it also contains furnishings and various bric-a-brac donated by House and Garden, General Electric, and Elizabeth Arden among others. During the Blair House's last facelift, Congress agreed only to pay for its structural improvements. For decorations and other such amenities, they refused to foot the bill...

Author: /time Magazine | Title: Blair House: World's Most Exclusive Hotel | 1/15/2009 | See Source »

...ancient civilizations boasting over one billion citizens, the South American giant may have seemed Lilliputian. But the global economic crisis has made a huge difference. Brazil’s admirable resistance to the current turmoil vindicates its placement. It also strengthens the judgment that the B-side of the BRIC dream is not one of scandalous GDP growth rates, but one of steady 3-7 percent increases per year. Current estimates for 2009 hover around 3 percent, even as economies around the world stagnate or shrink. Yet the government’s more optimistic prediction, of 3.5-4 percent...

Author: By Flavio S. Campos | Title: BRIC Starts with B | 12/9/2008 | See Source »

...SUVs found a sweet spot in the U.S., for Detroit to assume a world in which gas prices would remain below $2 a gal. was asinine. In Europe, gas had long sold for more than $5 a gal., and tax policy ensured that it would stay there; the growing BRIC countries - Brazil, Russia, India, China - were driving up demand. Detroit's response was to lobby furiously against increasing fuel-economy standards instead of building more-efficient SUVs...

Author: /time Magazine | Title: Is This Detroit's Last Winter? | 12/4/2008 | See Source »

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