As traditional global powers step back, the BRICS alliance is stepping up as a stabilizing force in an increasingly fragmented world. Comprising Brazil, Russia, India, China, South Africa, and new members like Egypt and the UAE, BRICS now represents over 40% of global GDP and half the world’s population. 🌐💼
A Retreating Superpower
The U.S. withdrawal from key international bodies—like UNESCO and the Paris Agreement—has left gaps in tackling climate change, health crises, and security. Add to that steep tariffs on exports from India (25%), Brazil (50%), and South Africa (30%), and emerging economies are feeling the squeeze. 📉
BRICS: A New Blueprint
With its expanded membership, BRICS is bridging continents and championing inclusive cooperation. Think of it as a global squad offering alternatives to dependency on fading systems. From trade to climate action, the group’s focus on mutual benefit is resonating with the Global South. 🤝
Why It Matters
This isn’t just about economics—it’s a power shift. As one commentator notes, BRICS could redefine how nations collaborate, prioritizing equity over old hierarchies. For young professionals and entrepreneurs, this signals new opportunities in untapped markets. 💡
Reference(s):
BRICS rises as 'anchor of stability' in a fragmenting world order
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