It was joined by the BRIC countries and the U.S., rounding out the top six places.
The BRIC countries currently account for a very substantial share of economic growth worldwide.
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For Latif and his advisors, inflation in the BRIC countries remains a cause for concern.
Emerging markets remain a big opportunity, with double-digit growth in all of the BRIC countries.
The BRIC countries generated nominal GDP growth of 15.5% on a weighted-average basis in 2011.
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Each one of the BRIC countries has a distinctive culture, history, and political context.
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Inflation concerns have been the main reason why the BRIC countries have underperformed the U.S. this year.
Leaders from the BRIC countries, including South Africa, met in south China last Thursday for their annual meeting.
For imports, the BRIC countries will likely account for 18% of that market, up from around 11% today.
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The BRIC countries are becoming large investors and trading partners of the so-called frontier markets, especially in Africa.
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Meanwhile, Brazil, like all the BRIC countries, has suffered from inflation and rising interest rates as a result.
Russia, as represented by the Market Vectors Russia ETF (RSX), has the best looking chart of the BRIC countries.
Lakshmi Mittal of ArcellorMittal fame topped the list at No. 6 among the rich guys in the BRIC countries.
He told me that his company had to expand their business into the BRIC countries just to stay afloat.
Investors have shunned emerging markets, mainly the BRIC countries, since late last year.
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Then they attempt to run off to BRIC countries to meet those expectations.
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So should we be talking about the RIC rather than BRIC countries?
Brazil is alone among the BRIC countries in not possessing nuclear weapons.
All of these countries are high-income economies, some of which are growing at rates faster than those for BRIC countries.
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The four BRIC countries agreed to include South Africa in the mix last year during the summit in southern China.
Revenue in the BRIC countries ( Brazil, Russian, India, China) was down 1%, but up 4% in constant currency.
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The percentage is much higher for executives in the BRIC countries, Brazil, Russia, India and China, where a majority see improvement.
They are already a high 11.75%, the highest in the BRIC countries, and will rise again this month to around 12.25%.
Despite this activity it would be wrong to assume that the BRIC countries are just the province of the European schools.
Blurb is now considering opening up into the so-called BRIC countries as well as expanding operations in Australia, New Zealand, and Canada.
The company saw 65% of its revenues come from outside the U.S., with accelerated growth in BRIC countries (Brazil, Russia, India, China).
Some of the most successful food producers over the past 20 years have been the BRIC countries (Brazil, Russia, India and China).
International revenue surpassed domestic U.S. revenue for the first time, as sales in the rapidly growing BRIC countries--Brazil, Russia, India and China--expanded 58%.
The BRIC countries, excluding South Africa, are expected to account for 21.6% of world GDP by 2015, according to the International Monetary Fund.
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The so-called Bric countries, Brazil, Russia, India and China, they're the ones fuelling the world's growth and indeed they're fuelling our growth here at JCB.
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