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The new BRICS expansion and the Global South agenda
Quick Take

The new BRICS expansion and the Global South agenda

Ian Bremmer's Quick Take: After a significant amount of Chinese diplomatic effort to expand the BRICS and make it more meaningful, which other members found were skeptical about, there was significant success and an announcement that there will be six new members invited to join at the beginning of 2024.

​People walk past the Sandton Convention Centre, where the BRICS Summit is being held in Johannesburg, South Africa.
Analysis

Will anything come out of the BRICS summit?

A meeting of five large – and dissimilar – developing countries – Brazil, Russia, India, China, and South Africa – is currently underway in Johannesburg, South Africa, and there’s plenty of stuff to talk about.

US oil companies fill their coffers
Hard Numbers

US oil companies fill their coffers

While the average American household has spent $1,100 more on gas and diesel since the start of the Iran war, oil companies have been profiting from higher fuel prices.

BRICS countries
Viewpoint

Viewpoint: BRICS countries seek to expand global influence

The BRICS grouping of five large developing countries will hold its annual summit this week in Johannesburg, South Africa, at a time of rising influence. Brazil, Russia, India, China, and South Africa account for more than 25% of the world’s economic output and more than 40% of its population. Yet diverging national interests and broader geopolitical forces make it difficult for the bloc to act as a cohesive unit.