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
Amangkurat I of Mataram conspired with Panembahan Rama from Kajoran, west of Magelang, who proposed a stratagem in which the crown prince financed Rama’s son-in-law, Trunajaya, to begin a rebellion in the East Java. Raden Trunajaya, a prince from Madura, lead a revolt supported by itinerant fighters from faraway Makassar that captured the king's court at Mataram in mid-1677. The king escaped to the north coast with his eldest son, the future king, leaving his younger son Pangeran Puger in Mataram. Apparently more interested in profit and revenge than in running a struggling empire, the rebel Trunajaya looted the court and withdrew to his