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US Officially Exits WHO, Citing COVID-19 Failures, Political Misalignment
Friday, January 23, 2026 - 5:10am | 485Read More...The United States has officially withdrawn from the World Health Organization (WHO), citing the organization’s alleged failures during the COVID-19 pandemic. This decision is in line with President Donald Trump‘s pledge made when he was sworn in for his second term,...
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He Coined The BRICS Acronym — Now He's Labeling Dollar-Killer Common Currency Idea By The Group As 'Ridiculous' And 'Infeasible'
Sunday, August 20, 2023 - 9:56pm | 572Read More...Ahead of the upcoming 15th Brics summit, the creator of the Brics acronym, Lord Jim O'Neill, has labeled the idea of developing a common currency for the bloc as “ridiculous” and “unfeasible”. This statement comes as Brazil, Russia, India, China, and South Africa are set to...
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Why Putin's Popularity Is Dependent On The State Of The Russian Economy
Friday, December 19, 2014 - 11:29am | 295Read More...Jim O'Neill, former Goldman Sachs Group asset management chairman, is the man who coined the term BRIC (Brazil, Russia, India and China). He was recently on CNBC to discuss about the current state of the Russian economy. "Many people I have spent a lot of time with,as well as foreign...
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Former Goldman Sachs Executive On Problem That Can Cost The World $100 Trillion By 2050
Friday, December 19, 2014 - 9:26am | 304Read More...Shares of Tetraphase Pharmaceuticals Inc (NASDAQ: TTPH) rose heavily Thursday, as the company announced that its antibiotic, Eravacycline, proved to be successful in a late-stage study. Eravacycline is meant to treat infections caused by gram-negative bacteria, a type of antibiotic-resistant...
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Japan Election Speculation Makes Yen Bears Happy
Monday, November 19, 2012 - 5:21pm | 887Read More...Japan will hold a Lower House election on December 16 in which the ruling Democratic Party of Japan (DPJ) is widely expected to lose to the opposition Liberal Democratic Party (LDP). The LDP is headed by Shinzo Abe, a former prime minister, who has called for “unlimited easing” by the Bank of Japan...
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Goldman's Jim O'Neill Sees Prolonged Yen Weakness
Monday, November 19, 2012 - 9:53am | 433Read More...Jim O'Neill, the renowned Chairman of Goldman Sachs Asset Management with a great investing track record, is now long-term bearish of the Yen. Following recent comments from the expected Prime Minister-to-be Shinzo Abe and weakening economic data such as the current account, O'Neill now sees a long...
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Time For China To Revalue The Yuan? (GS, GT, X)
Tuesday, February 16, 2010 - 1:15am | 243Read More...Jim O'Neill, Chief Economist at Goldman Sachs Group (NYSE: GS), believes China may allow its currency to strengthen by as much as 5 percent in an effort to prevent its economy from overheating. O'Neill told Bloomberg Monday that after the People's Bank of China raised its reserve requirements for...
