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“One of the more remarkable developments over the last 25 years is that an investment banker’s arbitrary acronym for a quartet of emerging market economies has become the rubric for rebellion,” FP’s Keith Johnson wrote ahead of the high-profile BRICS meeting in Kazan, Russia, last week. It was the first summit since the group—originally comprising […]
This week’s BRICS summit in Kazan, Russia, features a new participant: Turkey. A Kremlin official leaked last month that Ankara had applied to join the grouping, following repeated expressions of interest over the years. A spokesperson for Turkish President Recep Tayyip Erdogan’s ruling Justice and Development Party (AKP) then conceded that “a process is underway.” […]