Brazil's president on Wednesday called on the BRICS countries to create a common currency for trade and investment among themselves to reduce their vulnerability to fluctuations in the US dollar.

BRIC is one of the abbreviations that originated in the financial market and quickly became popular in the media. An alternate name is the term "Big Four". Over time, South Africa was added to the BRIC block. [...]

Sometimes one analysis can make your name very famous. That's how the world found out who Jim O'Neill was. One acronym he created made him stop being an anonymous employee [...]