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Search resuls for: "Jim O’Neill"


9 mentions found


☆ Saudi Arabia, UAE and Iran among six countries invited to join BRICS group
  + stars: | 2023-08-24 | by ( Niamh Kennedy Anna Chernova | Niamh Kennedy | Anna Chernova | ) edition.cnn.com   time to read: +5 min
CNN —Oil powers Saudi Arabia and the United Arab Emirates have been invited to become members of the BRICS group of developing nations in its first expansion in over a decade. Total bilateral trade between Saudi Arabia and BRICS nations exceeded $160 billion in 2022, the Saudi foreign minister said. It also means Russia and Saudi Arabia — both members of OPEC+, a group of major oil producers — will join each other in a new economic bloc. The BRICS countries have also been talking about a common currency, an idea analysts have described as unworkable and “unlikely” in the near future. Existing BRICS members have “had enough difficulty trying to agree just between the five of them,” he added.
Persons: Cyril Ramaphosa, ” Ramaphosa, Vladimir Putin, ” Putin, Xi Jinping, ” Jinping, Prince Faisal bin Farhan, Narendra Modi, Saudi Arabia —, —, Putin, Goldman Sachs, Jim O’Neill, ” O’Neill, “, ”, I’m, ” BRICS, Mohamed bin Zayed al Nahyan, Abdel Fattah el, Sisi, — Manveena Suri, Mostafa Salem, Lizzy Yee, Mengchen Zhang, Nadeen Ebrahim Organizations: CNN, Oil, United Arab, Saudi Foreign, Indian, OPEC, West, Western, Bloomberg, New Development Bank, United Arab Emirates, BRICS Locations: Saudi Arabia, United Arab Emirates, Iran, Egypt, Ethiopia, Argentina, South, Johannesburg, Brazil, Russia, India, China, South Africa, Russian, BRICS, Saudi, United States, UAE
☆ BRICS Summit: Who stands to benefit from Russia-friendly bloc's expansion?
  + stars: | 2023-08-21 | by ( Simone Mccarthy | ) edition.cnn.com   time to read: +10 min
The group of Brazil, Russia, India, China and South Africa has never been more prominent on the world stage. Russia’s leader can’t attend the summit because host country South Africa would be obliged to arrest him for alleged war crimes. But nonetheless that family is now entertaining formal bids from nearly two dozen countries to join their bloc of major emerging economies. It held its first summit in 2009 with four members and then added South Africa the following year. An expansion, instead of making the group more potent, could also make it “more unwieldy and ineffective” with more contrasting positions between members, he added.
Persons: can’t, It’s, Russia’s Vladimir Putin –, Putin, Cyril Ramaphosa, BRICS, ” “, Chen Xiaodong, Bhaso, “, China’s Xi, India’s Narendra Modi, Brazil’s Luiz Inacio Lula da Silva, –, Goldman Sachs, Jim O’Neill, BRICS Anil Sooklal, Mihaela Papa, ”, Xi, Yun Sun, Putin –, Manoj Kewalramani, Kewalramani, Modi, Lula, Ramaphosa, Yevgeny Prigozhin, Wagner, Rubens Duarte Organizations: CNN, West, Washington, Sunday, University of Johannesburg, New Development Bank, United Arab, Tufts University, Western, China Program, Stimson, NATO, Takshashila, United Nations Locations: South Africa, Brazil, Russia, India, China, Beijing, United States, New Delhi, Ukraine, African, Argentina, Mexico, Iran, Saudi Arabia, United Arab Emirates, Egypt, Nigeria, Bangladesh, South, Washington, BRICS, Bangalore, Johannesburg, Russian, – China, Africa, Europe
☆ The BRICS are better off disbanding than expanding
  + stars: | 2023-07-31 | by ( Hugo Dixon | ) www.reuters.com   time to read: +7 min
(South Africa wasn’t on his list.) O’Neill likes to tease the BRICS that their economic performance subsequently went downhill - particularly after the much smaller South Africa joined in 2011. Since then, Russia, Brazil and South Africa have all struggled economically. The fault line between India and China, which fought a small war in the Himalayas in 2020, is one reason the BRICS club has done so little. Besides, most developing countries don’t want to be forced to choose sides in a showdown with the United States.
Persons: Jim O’Neill, Goldman Sachs, O’Neill, Vladimir Putin, Peter Thal Larsen, Thomas Shum Organizations: Reuters, Africa wasn’t, Reuters Graphics Reuters, New Development Bank, Bank, Global, U.S ., Thomson Locations: TINOS, GREECE, Brazil, Russia, India, China, South Africa, Johannesburg, Africa, Africa’s, Saudi Arabia, Argentina, Egypt, Iran, Cuba, Kazakhstan, United States, Iraq, Republic, Ukraine, Russian, New Delhi, Soviet, Philippines, Mexico, Indonesia, Thailand, Nigeria, Vietnam, Malaysia, Bangladesh
☆ The Fed is trying to do the right thing: fmr. Goldman Sachs Asset Management chairman Jim O'Neill
  + stars: | 2023-07-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed is trying to do the right thing: fmr. Goldman Sachs Asset Management chairman Jim O'NeillJim O’Neill, former chairman of Goldman Sachs Asset Management and former UK Treasury Minister, joins 'Squawk Box' to discuss the Fed's rate hike decision later today, where a 25 basis point hike is widely expected, whether the bank can pull off a soft landing, and more.
Persons: Goldman, Jim O'Neill Jim O’Neill Organizations: Goldman, Asset Management, UK Treasury
☆ US-China tensions remain 'major issue' for world markets, says Jim O'Neill
  + stars: | 2023-05-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUS-China tensions remain 'major issue' for world markets, says Jim O'NeillJim O’Neill, former Goldman Sachs Asset Management chairman and chief economist and Northern Gritstone chairman, joins 'Squawk on the Street' to discuss the loss of momentum in China, if China's still long-term investible and more.
☆ Watch CNBC's full interview with Northern Gritstone's Jim O'Neill on China's post-Covid rebound
  + stars: | 2023-05-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Northern Gritstone's Jim O'Neill on China's post-Covid reboundJim O’Neill, former Goldman Sachs Asset Management chairman and chief economist and Northern Gritstone chairman, joins 'Squawk on the Street' to discuss the loss of momentum in China, if China's still long-term investible and more.
☆ Fed chair Powell's statement will be more important than rate decision, says Jim O'Neill
  + stars: | 2023-03-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed chair Powell's statement will be more important than rate decision, says Jim O'NeillJim O’Neill, former Goldman Sachs chief economist and chairman of asset management, joins 'Squawk Box' to discuss what O'Neill would do if he were Jerome Powell today, why the Fed would raise rates by 25 basis points and much more.
☆ 'Rogue nurse' charged with murder after patients given lethal doses of insulin at North Carolina hospital, officials say
  + stars: | 2022-10-26 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com   time to read: +3 min
A "rogue nurse" in North Carolina has been arrested on murder charges after two patients died after he allegedly administered lethal doses of insulin, state officials announced Tuesday. Hayes allegedly administered a lethal dose of insulin to patient Gwen Crawford on Jan. 5, 2022. The second fatal patient was Vickie Lingerfelt, who was allegedly administered a lethal dose of insulin on Jan. 22, 2022. Hayes was further charged with administrating a near-fatal dose of insulin to a third patient on Dec. 1, 2021, but she survived the dose, according to the district attorney. The district attorney described him as a “rogue nurse,” said there was no evidence Hayes knew the patients before the incidents, and he acted alone.
☆ What a falling British pound means for the future and the U.S.
  + stars: | 2022-09-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Rob Wile | ) www.nbcnews.com   time to read: +5 min
The British pound plunged to a record low against the U.S. dollar Monday. The pound, historically one of the strongest currencies in the world, fell to as low as $1.04 before bouncing back to approximately $1.07. For most of the past few decades, the pound averaged a price of about $1.50 against the dollar. The decline in the British pound in itself won't have a direct impact on the U.S. economy, experts say. But as the value of the pound has dropped, the value of the U.S. dollar has reached all-time highs.
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