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In "World / Europe"
KAZAN — For years, Western critics have dismissed Brics as a relatively inconsequential entity.But this past week, at its annual summit in Russia, the group triumphantly showcased just how far it has come.Top leaders from 36 countries, as well as the UN Secretary General, attended the three-day event, and Brics formally welcomed four new members — Egypt, Ethiopia, Iran, and the United Arab Emirates. More membership expansions could soon follow. Brics had previously added only one new member — South Africa in 2010 — since its inception (as the Bric states) in 2006.There’s a growing buzz around Brics, which has long projected itself as an alternative to Western-led models of global governance. Today, it’s becoming more prominent and influential as it capitalizes on growing...
October 25, 2024
India's balancing act with the West as Brics flexes new muscles
October 25, 2024
‘Death trap’ Channel boats traded by smugglers in German city
October 24, 2024
North Korea troops in Ukraine would escalate conflict, Lukashenko says
October 24, 2024
Georgia's ruling party holds mass rally ahead of crucial vote
October 24, 2024
World's strongest man Geoff Capes dies
BRUSSELS — An expanded meeting of emerging economies taking place in Kazan, Russia, is sending jitters among EU policymakers.The club formed in 2009 now includes not just Brazil, China, India, Russia and South Africa – original members whose acronym gave it the name BRICS, and whose leaders Xi Jinping, Narendra Modi and Vladimir Putin are set to meet over the coming days.As of 1 January, Egypt, Ethiopia, Iran, and the United Arab Emirates also joined the club – creating a bloc worth over 37% of global GDP – and one potentially at odds with other institutions such as the G7 and NATO.But the threat to the existing US-led hegemony isn’t immediate, the Carnegie Endowment’s Stewart Patrick has argued."It's an informal club, they're mostly united in the sense of what...
October 23, 2024
Russia’s expanded BRICS meeting sends jitters around Europe
October 23, 2024
Boeing-made satellite breaks up in space
October 23, 2024
Russians accused of crimes offered choice — go to war instead of court
October 22, 2024
Putin gathers allies to show West pressure isn’t working
October 21, 2024
Italy and France hit by severe flooding after heavy rain
