The BRICS Boom: Strengthened Relations Point to a Global Economic Shift
The BRICS economic bloc is rapidly growing, outpacing traditional global alliances in market capacity and economic influence. According to Russian Deputy Prime Minister Alexander Novak.
BRICS now accounts for 36% of the global economy. Surpassing the G7’s 30%. Recently, the bloc expanded to include six new members—Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE—aiming to increase its economic and political influence. Novak emphasized the need for continued investment to sustain growth and highlighted Russia’s vital role, asserting that it cannot be isolated from the global economy.
Clever Robot News Desk 8th November 2024
