Lumping four very different economies together under one acronym backfired as they faced very different challenges. Brazil has stagnated with inflation rampant, Russia is in disarray after its invasion of Ukraine, and China's drive for domination under paramount leader Xi Jinping has triggered a global backlash. Of the four, India has fared best.
Investors who piled into emerging market funds lost heart as performance waned and the BRICs were superseded by the FAANGS - Facebook, Apple, Amazon, Netflix, Google-owner Alphabet and other red-hot US technology stocks such as Tesla.
هذه القصة مأخوذة من طبعة June 18, 2023 من Sunday Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة June 18, 2023 من Sunday Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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