In a win for China, the five-nation BRICS club of emerging economies that came together to tilt the international order away from the West announced plans Thursday to expand its membership, feeding concerns about a growing global divide.
The group said that Argentina, Egypt, Ethiopia, Iran, the United Arab Emirates and Saudi Arabia had been invited to join, and that their membership would begin in January.
The BRICS group announced the expansion at a summit in South Africa that attracted a level of global interest rarely seen since its first meeting in 2009. Back then, the group’s name was BRIC, an acronym coined by economists at Goldman Sachs to describe a group of developing nations with rapidly growing economies and populations: Brazil, China, India and Russia. South Africa would join a year later, adding an “S” to the acronym. » | Lynsey Chutel, Reporting from the BRICS summit in Johannesburg. | Thursday, August 24, 2023
If anything demonstrates the STUPIDITY of BREXIT, this development does. In the years ahead, the UK is in grave danger of fading into insignificance. Who are the patriots now, I wonder: Brexiteers or Remainers? How stupid and short-sighted Brexiteers have been. – © Mark Alexander
