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BRICS Goes Big: A New Era for Emerging Economies
Move over, Avengers – the real global alliance making headlines is BRICS! The bloc, now doubled to 10 members, represents 45% of the world’s population and 16% of global trade. With nearly three dozen countries (including Cuba) lining up to join, this isn’t just a membership drive – it’s a geopolitical power shift.
Born as Brazil, Russia, India, and China’s economic dream team in 2009 (+ South Africa in 2011), BRICS is now welcoming Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. Think of it as the ultimate Global South collab – prioritizing development and cooperation over traditional Western-led models.
Why This Matters for Gen Z
Career opportunities in booming emerging markets
New sustainability partnerships addressing climate challenges
Alternative financial systems shaking up global trade
As CGTN’s Luis Chirino reports from Havana, this expansion could redefine everything from your morning coffee trade to international climate policies. While details about new membership criteria remain under wraps, one thing’s clear: The world’s economic map is getting a major 2023 upgrade.
The bloc, now doubled to 10 members, represents 45% of the world’s population and 16% of global trade. With nearly three dozen countries (including Cuba) lining up to join, this isn’t just a membership drive – it’s a geopolitical power shift.
Career opportunities in booming emerging markets
New sustainability partnerships addressing climate challenges
Alternative financial systems shaking up global trade
