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Explained: 1MDB, Malaysia's Massive Financial Scandal Involving Goldman Sachs
Malaysia's massive 1MDB corruption scandal allegedly saw top officials loot billions from state funds, splurging on luxury assets worldwide including a Monet painting and even funding a Hollywood blockbuster.
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"BRICS Is For The Fairies Until China, India Get Serious," Says Mr 'BRICS'
The idea of the BRICS group ever challenging the US dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters.
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Explained: 1MDB, Malaysia's Massive Financial Scandal Involving Goldman Sachs
Malaysia's massive 1MDB corruption scandal allegedly saw top officials loot billions from state funds, splurging on luxury assets worldwide including a Monet painting and even funding a Hollywood blockbuster.
-
"BRICS Is For The Fairies Until China, India Get Serious," Says Mr 'BRICS'
The idea of the BRICS group ever challenging the US dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters.
