The 15th BRICS Summit has decided to bring in Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates as new members.The full membership of new countries in BRICS will begin on January 1 2024, South African President Cyril Ramaphosa

The 15th BRICS Summit has decided to bring in Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates as new members.

The full membership of new countries in BRICS will begin on January 1 2024, South African President Cyril Ramaphosa said on Thursday.

  • albigu
    35·
    10 months ago

    That’s a lot of African representation, which is nice because South Africa is particularly small compared to the other original members. Would be kinda sadfunny if the ancap from Argentina wins the election and tries a complete 180 on this, but otherwise this is great news. I guess I expected Cuba and Syria would also be on the first batch, but they might be testing the waters before whipping out the “controversial” ones.

    Watch the dollar drop like a Yankee’s net worth after suffering an accident without health insurance.

    • Drstrange2love
      17·
      10 months ago

      I hope they join soon, but I believe that first they want to strengthen the bloc and then join these and other countries most affected by US imperialism

    • Trudge [Comrade]
      3·
      10 months ago

      Nigeria would be a perfect fit, but they are content siding with the West without even getting benefits like South Korea does.

  • 小莱卡
    34·
    10 months ago

    Holy shit, the saudies? This is really the end of the petrodollar wow.

    • redtea
      21·
      10 months ago

      We could do with an emoji with that fucked around and found out chart but it’s Xi or Chen Weihua holding the pointer. Have a feeling it’ll be used more and more, moving forward.

    • HakFoo@lemmy.sdf.org
      25·
      10 months ago

      Symbolic representation matters, especially if the bloc continues to grow. I wonder if there will be a legitimate desire for a name that goes beyond an acronym. The nice thing about something like “Warsaw Pact” was that it could be used for any number of participants.

  • lil_tank
    30·
    10 months ago

    They’re gonna steal Saudi Arabia to the US, banger

    • ComradeChairmanKGB
      171·
      10 months ago

      And if the US makes Saudi Arabia an enemy in response we might see a 9/11-2.

      • Pili
        61·
        10 months ago

        Oh damn, I’m excited now. I hope they’ll make it bigger than the first one.

        • silent_clashEnglish
          5·
          10 months ago

          I could see a world in which the US becomes even more cucked for Saudi oil instead. Venezuela ain’t gonna cut it.

    • Darkerseid
      15·
      10 months ago

      lmao. Iran is a big surprise tbh. That just makes the yanks seethe ever harder

  • fruityloop
    13·
    10 months ago

    Finally! I was waiting for this since we applied last year, I’m honestly surprised they invited Egypt considering the current economic situation. Maybe this will help us get out of the crippling weight of foreign debt. Also surprised Algeria wasn’t invited when it’s more ideologically aligned to current BRICS countries, while Egypt tries to play both sides since the 70s (although it’s increasingly looking east recently).

  • RedCat
    8·
    10 months ago

    BRICS not trying to win challenge (impossible)

  • demonquark@lemmy.ml
    560·
    10 months ago

    Yeah… BRICS is going nowhere. They’re geographically dispersed, economically not integrated (nor are they moving towards that), and ideologically all over the place.

    This entire endeavour is just a really expensive way of saying that there are countries in the global south don’t like the current western led world order.

    • Absolute
      401·
      10 months ago

      How could you say they aren’t moving towards economic integration when bilateral trade between member nations has increased significantly in the past decade ? That’s not even to mention the increasing amount of trade being settled in local currencies and the creation of the NDB in 2014.

      Sounds like you might not know what you’re talking about but idk

    • FreakingSpy [he/him]@hexbear.netEnglish
      34·
      10 months ago

      Brazil and China signed an accord 4 months ago to start using reais and yuan for trade instead of the US dollar. Two days ago Lula said his government is studying the possibility of using yuan to trade with Argentina.

    • rjs001
      362·
      8 months ago

      deleted by creator

      • DankZedong A
        20·
        10 months ago

        No man I’m sure the lad has thought about this better than economists, diplomats and planners of the world’s biggest economies. They are doomed fr.