BRICS

US attempts to weaken BRICS

With talk that Venezuela and Mexico are formally applying for membership of BRICS (Brazil, Russia, India, China and South Africa), it is a good time to assess just what the Biden administration is trying to do to weaken and break up the trading bloc. The US succeeded in regaining control over the Philippines as part …

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The US vs China – who will draw back?

The two major powerhouses of the world’s industrial and financial markets are not just at odds with each other but are fighting a ‘cold war’ that threatens the very foundations upon which all countries operate. Both economies are suffering – and that’s partly as a result of policies enacted by their own governments. For China, the …

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BRICS vs RCEP: Clash of the regional trade titans

At just three years of age, the RCEP (Regional Comprehensive Economic Partnership) is already showing signs of rivalling its older sibling, BRICS (Brazil, Russia, India, China and South Africa). BRICS, formed in the early 2000s as a gathering of fast-growing nations, has had significant influence on the global stage and has become an institutionalised forum. …

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Damned if you do, damned if you don’t – Putin and the BRICS summit

Putin’s decision to avoid the BRICS summit is not all it seems. Between 22 and 24 August, South Africa will have the honour of hosting the 2023 annual BRICS summit. The big names – Brazil, India, China and the hosts, South Africa – will be present in full force. The Russian President will not. BRICS …

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BRICS sees G7 policies as counter-productive… and they’re right!

On 1 June, the current foreign ministers of the BRICS nations (Brazil, Russia, India, China, and South Africa) are due to meet in Cape Town, hosted by Naledi Pandor, the South African Minister of International Relations and Co-operation. Following South Africa’s assumption of the chairmanship of BRICS on 1 January this year, the 15th BRICS …

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Brazil: Future imperfect

Although according to its national anthem, Brazil’s future ‘mirrors greatness’, the country presently finds itself looking to the past, in more ways than one. After four years of rule by the right-wing Jair Bolsonaro, this dictatorial populist lost by a margin of just 1.8%, the thinnest in Brazil’s history, to Lula da Silva – who …

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