Page 31 - Brics News Today

Saudi Arabias entry comes amid geopolitical tensions between the U.S. and China, and the expansion of Chinas influence within the kingdom.

Beijing's remarks come as 5 new members join while Argentina decides against joining multinational bloc

Trends of global power tensions, open war, democratic decline and extreme job market fluctuations are likely to continue in 2024

Iran, Saudi Arabia, the UAE, and Egypt are the latest countries to join BRICS, implying some very drastic dynamic shifts in the region.

Referring to it, Jaishankar talked about the Ramayana and the statecraft lessons it provides. Jaishankar said there are great diplomats in Ramayana and every Ram requires a Laxman. In Why Bharat Matters, Jaishankar argues while rising powers seek stability, India must plan to rise amidst unpredictability. This process is also exceptional as it representsthe rejuvenation of a civilizational state.

The Chinese Foreign Ministry declared itself "fully confident in the BRICS' future" on Tuesday following Argentina's rejection of membership.

As Moscow assumed the presidency of BRICS, Russian President Vladimir Putin said on Monday that the grouping has become a 10-nation body now with Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates joining it as new members

This expansion comes amidst a backdrop of Western dominance in global affairs. Russian President Vladimir Putin, as the presiding head of BRICS, confirmed the development. 

Argentina was also invited to join the multilateral group, but the country’s new president withdrew its membership last week.

Venezuelan President Nicolas Maduro said on Monday that his country may join BRICS+ as a permanent member during the BRICS summit in October, 2024