CNBC's Rebecca Meehan caught up with Jim O'Neill of Goldman Sachs Asset Management on got his outlook for emerging markets going ahead and how the Egypt crisis has left a huge dent in investor sentiment.
Below is a verbatim transcript. For complete details watch the accompanying video. Q: What is the impact of the situation that we are seeing in Egypt? How important is it to the bigger global economic picture right now? A: It would be intriguing to know exactly how many people around the world are glued into this because there is a number of ways this could go, one of which could see something like the breakdown of the Berlin Wall, the collapsing of the Soviet Union, it could be hugely bullish. The history of Middle Eastern tension doesnDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!