ER Editor: See also this by Covert Geopolitics —
See also this from InfoBrics —
The Johannesburg II Declaration was passed during the summit. Here’s the link —
New composition of BRICS will control 80% of world oil production
With the addition of Saudi Arabia, the United Arab Emirates and Iran to the BRICS, the Union will be able to control the lion’s share of the world’s oil production.
The same goes for the sharp GDP growth of the… pic.twitter.com/gqVkGbZ7Ic
— Sprinter (@Sprinter99800) August 24, 2023
Their membership will begin on June 1, 2024.
— Arthur Morgan (@ArthurM40330824) August 24, 2023
Re. financing local projects in local currencies and the New Development Bank —
— Attentive Media (@AttentiveCEE) August 22, 2023
Shaping a new global order. Can you imagine if there weren’t a BRICS today?
CONFIRMED 🔐 #BRICS 🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦 IS SHAPING A NEW MULTIPOLAR GLOBAL ORDER.
— Subjective Views (@subjectiveviews) August 21, 2023
Major Western media reacted with skepticism to the expansion of the BRICS, regional ones write about the defeat of the West
The New York Times recognizes the victory of Russia and China, but emphasizes the “strange nature” of the group and the lack of a single political course (… pic.twitter.com/E1AMzIJaNt
— Sprinter (@Sprinter99800) August 25, 2023
After expansion, BRICS will be almost five times the size of the G7 in terms of population. Also, the BRICS+ countries exceed the G7 in area by 2.7 times, and the organization’s GDP is 36.64% of the world’s, that is, 6.6% more than that of the G7.. pic.twitter.com/6JRcSuKRX2
— Geo_monitor (@colonelhomsi) August 25, 2023
TOP OIL Producers:
1. USA – G7 🇺🇸
2. Saudi Arabia – BRICS+ 🇸🇦
3. Russia – BRICS+ 🇷🇺
4. Canada – G7 🇨🇦
5. China – BRICS+ 🇨🇳
7. UAE – BRICS+ 🇦🇪
8. Iran – BRICS+ 🇮🇷
9. Brazil – BRICS+ 🇧🇷 pic.twitter.com/RohYiGwCVQ
— Lord Bebo (@MyLordBebo) August 24, 2023
BRICS reveals six new members
The group of rising world powers will more than double its ranks
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates are joining the BRICS group of nations, after their candidacies were approved on Thursday by leaders of the current member states, South African President Cyril Ramaphosa has announced.
The six newcomers will become full-fledged members starting January 2024. The club currently consists of Brazil, Russia, India, China, and South Africa. BRICS expansion topped the agenda of the summit in Johannesburg this week.
“We value the interest of other countries in building a partnership with BRICS. We’ve tasked our foreign ministers to further develop the BRICS Partners Country model and a list of prospective partner countries,” the South African leader added.
BRICS previously expanded only once in 2010, when South Africa joined the organization. The admission was made without any prerequisites. One of the key goals of this year’s summit was to agree to more formal criteria for new candidates.
Russian President Vladimir Putin, whose nation will take the rotating BRICS presidency next year, thanked the host of the summit for his contribution to the outcome.
“President Ramaphosa has shown amazing diplomatic skill in reconciling all positions… regarding the expansion of BRICS,” he said.
The group touts itself as an alternative to Western-dominated international institutions, saying that its approach better reflects the emerging multipolar world. Member states have blamed the US and its allies for abusing their position during the moment of unipolarity, which they enjoyed following the collapse of the Soviet Union. As Western influence dwindled, its leaders leveraged tools under their control, such as the dollar, to protect its hegemonic position, BRICS members claim.
Participants of the summit expressed confidence that the organization’s influence will continue to grow. BRICS seeks to maintain a balanced approach to its admittance policy so that all parts of the world are represented and have an influence on its agenda.
The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … (TLB)
Comment Policy: As a privately owned web site, we reserve the right to remove comments that contain spam, advertising, vulgarity, threats of violence, racism, or personal/abusive attacks on other users. This also applies to trolling, the use of more than one alias, or just intentional mischief. Enforcement of this policy is at the discretion of this websites administrators. Repeat offenders may be blocked or permanently banned without prior warning.
Disclaimer: TLB websites contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, health, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.
Disclaimer: The information and opinions shared are for informational purposes only including, but not limited to, text, graphics, images and other material are not intended as medical advice or instruction. Nothing mentioned is intended to be a substitute for professional medical advice, diagnosis or treatment.