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Join The Club: BRICS Faces Rift Over Push For New Members

From ibtimes.com

BRICS leaders meeting in South Africa this week will consider expanding the five-nation bloc at a time of great interest in the group that accounts for a quarter of global wealth. Opinions differ between Brazil, Russia, India, China and South Africa over accepting new members into the loosely-defined club of major emerging economies that is seeking an alternative to the Western-led international order. Here are some key issues as the BRICS convene in Johannesburg: South African officials say more than 40 countries have shown some level of interest in joining the BRICS from across the 'Global South', a broad term ... (full story)

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  • Category: Fundamental Analysis