Brazil, Russia, India and China have the potential to form a powerful economic bloc. News and facts in 2011

1. The path to 2050 DreamingwithBRIC’S

2. B R I C BRIC’s is a grouping acronym Each letter stands for a country B R I C Similar stage of advanced economic development Also know as the ‘big four’

3. Overview BRIC thesis biggest and fastest growing emerging markets BRIC billionaires BRIC’s turns into BRIC’S China’s new kind of reactor

4. BRIC THESIS China and India will become world’s dominant suppliers manufactured goods and services Brazil and Russia will become dominant suppliers raw materials

5. BRIC THESIS: biggest and fastest growing emerging markets Are trying to form a powerful economic bloc BRIC also used as a marketing term to refer to these four emerging markets USA and EU annually growth : 3-4% BRIC nations expected growth : 9%

6. World Billionaires Rising global prices and Asia’s economic boom Led to a big increase in numbers of billionaires in BRC countries 2011 China doubled its number to 115 first time any country outside the US (413 billionaires) had more than 100 billionaires Russia billionaire growth attributed to a real boom Moscow has 79 billionaires, easily outstripping NY, which has just 58

7. World Billionaires India’s number of billionaires did not increase much BUT their average net growth is huge $4,5 billion for an Indian billionaire $2.5 billion for a Chinese billionaire Brazil benefited from higher global prices, stricter rules and a stronger currency Bottom line These economic can go up very sharply but can go down very sharply as well These days BRIC produced half off the world’s 214 NEW billionaires

8. FROM BRIC to BRIC’S South Africa has been formally asked to join the BRIC group of major emerging markets.

9. BRIC turnsinto BRIC’S Invited by China Officially admitted as a BRIC nation on December 24, 2010 South Africa stands at a unique position to influence African economic growth and investment

10. BRIC turnsinto BRIC’S Reasons to join BRIC Africa’s combined current gross domestic product is similar to that of Brazil and Russia and above that of India South Africa is a ‘’gateway’’ to Southern Africa and Africa in general China is South Africa’s largest trading partner India wants to increase commercial ties to Africa

11. Bric turnsintoBRIC’s Doubts: South Africa’s population is 49 million compared with China’s 1.36 billion, India 1.2 billion, Brazil’s 191 million and Russia’s 142 million South Africa has an economy of 286 billion Less than a quarter of that of Russia Smallest of the BRIC nations

12. BRIC turnsinto BRIC’S Becoming a Big boy President Nkoana-Mashabane’s speech: ‘’We may not be the same size, but we can open up opportunities for them and trough that, we can complete our economic integration on the continent”

13. China’snew kind of reactor A Radical Kind of Reactor Engineers at Japan’s struggle to keep the nuclear power plant from melting down Engineers at China are building a different type of reactor Experts say it offers a safer nuclear alternative

14. China’s new kind of reactor Technology ‘’pebble bed’’ will be used in 2 reactors On an Island into the Yellow Sea Rather than using conventional fuel assemblies Like the leaking radiation in Japan each packed with nearly 400 pounds of uranium Chinese reactors will use thousands of billiard-ball-size fuel elements Each has an own protective layer

15. China’s new kind of reactor The coating of these ball-elements are meant to ensure the reaction would stop in an emergency So it wont lead to a meltdown Reactors will be cooled by non-explosive helium gas instead of depending on a source of water

16. China’snew kind of reactor China is taking lead in actually building next-generation technology If the pebble-bed approach works China hopes it can adopt the technology on broad scale

17. Conclusion BRIC’s nations have the potential and the resources to form a powerful economic bloc with greater opportunity’s than any other nation

18. Thank u for your attention! Cedric De Munter 2BFV4