BRICS & New World Order Thread

[Maikeru]

Saudi also hedging:

https://twitter.com/i/web/status/1695016383426208206

My guess is they're using the BRICS+ invitation as leverage to see what they can get Uncle Sam to give them.

 

[sunnymaxi]

Another important development ..

 

[tphuang]

https://twitter.com/i/web/status/1695342979005706250

of course, now the western led "rules based order" will investigate Saudi Arabia for human right abuses

 

[Dante80]

Something that sometimes get forgotten is that:

The BRICS group of emerging economies will expand from five to eleven members in January 2024, with the addition of six new countries: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates. According to the latest estimates the total population of the current BRICS countries (Brazil, Russia, India, China and South Africa) is about 3.24 billion in 2021.

The total population of the six new members is about 0.64 billion in 2020. Assuming a similar growth rate for both groups, the aggregate population of all the BRICS countries from 2024, including new entrants, can be estimated as follows:

• Current BRICS population in 2024 = 3.24 billion x (1 + 0.003)^3 = 3.28 billion

• New BRICS population in 2024 = 0.64 billion x (1 + 0.015)^4 = 0.69 billion

• Total BRICS population in 2024 = 3.28 billion + 0.69 billion = 3.97 billion

Therefore, the estimated aggregate population of all the BRICS countries from 2024, including new entrants, is about 3.97 billion people. This is more than half of the world population, which is projected to be around 7.8 billion in 2024.

 

[Phead128]

Wow, basically you have the most powerful regional actors of South America, Africa, Middle East, Eastern Europe, South Asia, and East Asia.

This is a powerful statement that US+Western Europe hegemony over the world has experienced yet another nail in the coffin.

 

[horse]

Wow, basically you have the most powerful regional actors of South America, Africa, Middle East, Eastern Europe, South Asia, and East Asia.

This is a powerful statement that US+Western Europe hegemony over the world has experienced yet another nail in the coffin.

Not only that, there is some real momentum here with this grouping.

A sore point for many is the US dollar. They will use local currencies to settle trade, or pay debts, lol. That is already happening with Argentina, and they ain't even a member.

Also, the economic parts are not mentioned, and one of the most important points is the trade in resources. Guess who is first in line for these resources and who will get the contracts to develop new mines, processing facilities, etc. In fact, people are already doing it via the BRI. Russia will not sell their goods to non-friendly nations.

The West will say move along, nothing to see here folks.

Then go back to the China bashing.

 

[horse]

Also, the economic parts are not mentioned, and one of the most important points is the trade in resources. Guess who is first in line for these resources and who will get the contracts to develop new mines, processing facilities, etc. In fact, people are already doing it via the BRI. Russia will not sell their goods to non-friendly nations.

And the rumbling from Italy is that they do not want any part of BRI, what their new government is hinting.

We cannot fight stupidity. It would be stupid to do so.

 

[tphuang]

good analysis here of the trading behind the scene.

China wanted Saudi/UAE/Iran to get in for the oil part.

Russia wanted Egypt to get in

South Africa wanted Ethiopia to get in

Brazil wanted Argentina to get in

Not sure what India got out of it, but they will also benefit from being able to trade oil in their own currency

 

[phrozenflame]

good analysis here of the trading behind the scene.

China wanted Saudi/UAE/Iran to get in for the oil part.

Russia wanted Egypt to get in

South Africa wanted Ethiopia to get in

Brazil wanted Argentina to get in

Not sure what India got out of it, but they will also benefit from being able to trade oil in their own currency

they probably wanted Pakistan out. No rush, there isnt much happening anyway rn.

 

[Phead128]

I wonder why Nigeria was left out? Pakistan economy is not great. Mexico and Indonesia are the other two I would add to round it out.

Edit: Nigeria and Mexico didn't apply.