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BRICS seems to be the in thing for emerging economies with China and Russia posing as the new sheriffs in town.
What’s the catch? What benefits will Russia and China’s idea, BRICS, do differently for their indirect stooges who have been long allies of the US?
France has reserved a total of 2.436 tons of gold but there is no goldmine in France. In Mali, there are about 860 gold mines and was under France’s occupation. Currently, Mali does not have a tangible gold reserve in ...
There's much to take from South African Presidents speech about membership in BRICS. He said, "An expanded BRICS will represent a diverse group of nations that share a common desire to have a more balanced world order.” Countries that are tilting towards BRICS are both interested in expanding politiRead more
There’s much to take from South African Presidents speech about membership in BRICS. He said, “An expanded BRICS will represent a diverse group of nations that share a common desire to have a more balanced world order.”
Countries that are tilting towards BRICS are both interested in expanding political and financial ties with non-western countries in a strategy to counter US influence in the region.
Ultimately, some economically established countries in Africa, Egypt, and Algeria especially are interested in BRICS while playing both sides.
Nigeria hasn’t demonstrated obvious efforts toward walking away from Western influence. Her rapport with US and France in the coup in Niger which Russia is pro to says as much.
It can be guessed that such is a plus to Nigeria not being listed as a new member of BRICS along with the newly admitted countries.
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