BRIC BRIC In economics, BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China, which are all deemed to be at a similar stage of newly advanced economic development. It is typically rendered as "the BRICs" or "the BRIC countries" or "the BRIC economies" or alternatively as the "Big Four". A related acronym, BRICS, adds South Africa. There are arguments that Indonesia should be included into grouping, effectively turning it into BRIIC or BRIICS. Previously BRIC was coined by Jim O'Neill in 2001 as an acronym of four countries that were all deemed to be
Johan Vande Lanotte Johan Vande Lanotte Johan Cyrille Corneel Vande Lanotte (born 6 July 1955) is a Belgian politician. He is a member of the SP.A, and became its party president on 15 October 2005. He handed down his leadership positions after the SP.A lost in the 2007 general election. Between 5 December 2011 and October 2014, he was Deputy Prime Minister, and Minister of Economy, Consumer affairs and North Sea in the Di Rupo I Government. With the formation of a new Centre-Right federal government, which excluded his party, Johan Vande Lanotte returned to local politics in October 2014 in Ostend, where