Tag: Jim O’Neil

It's been 13 years since Jim O'Neil came up with the BRICS name back when he was an analyst at Goldman Sachs in 2011. Since then, as the bloc has become considerably more prominent, O'Neil has ironically emerged as the group's most outspoken critic. ...

The idea of creating a brand new currency under the auspices of the BRICS countries is "ridiculous," according to the former Goldman Sachs economist who coined the acronym for the five countries. Jim O'Neil echoed the sentiments of a number of ...