The BRICS alliance just leveled up 🚀—and it’s reshaping the global power game. With Saudi Arabia, Egypt, the UAE, Iran, and Ethiopia joining this month, the bloc now represents 45% of the world’s population and over 30% of global GDP. Experts say this historic expansion is turbocharging the Global South’s quest for a fairer world order.
Why BRICS Matters Now
\"This isn’t just about economics—it’s about rewriting the rules,\" says Wang Yiwei, a leading international affairs scholar at Renmin University. He notes that while Global South countries now account for 60% of global growth, their political influence remains outdated. 🌐⚖️
The 2024 BRICS Summit in Kazan (Oct 22-24) will debut the expanded lineup, with Russia hosting. Over 40 other nations—from Southeast Asia to Latin America—are now knocking on BRICS’ door. 📈
What’s Next for the Global South?
- 🌱 New development banks challenging Western-led institutions
- 💡 Tech collaborations in AI and green energy
- 🤝 Deeper South-South trade networks bypassing traditional currencies
As Wang puts it: \"This isn’t anti-West—it’s pro-diversity. The world’s finally getting its Avengers-style team-up moment.\" 💥
Reference(s):
cgtn.com