For perhaps the first time in our modern history, non-Western countries now have an alternative to the United Nations when seeking relief from military actions and non-stop bombings from the United States and countries enriched by them with weapons of mass destruction purchased on the black market from the Pentagon’s unfathomable $6 TRILLION black hole budget of which there is no accounting.
This alternative to the mainly Western-funded United Nations is BRICS. BRICS currently comprises Brazil, Russia, India, China, and South Africa, but the group will be joined in January by Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE.
A new report just published by Bloomberg states that BRICS is already larger than the G7 countries consisting of the US, Canada, the UK, France, Italy, Germany, and Japan.
BRICS overtaking G7 in economic might – Bloomberg
The group’s share of global GDP in PPP terms is set to more than double that of the G7 by 2040, according to a report.
The rapid rise of the BRICS is transforming the global economy, with the group’s share of world GDP in terms of purchasing power parity (PPP) set to rise well beyond of that of the Group of Seven (G7) major advanced economies, Bloomberg reported this week.
BRICS currently comprises Brazil, Russia, India, China, and South Africa, but the group will be joined in January by Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE.
The G7 club of industrialized and developed countries consists of the US, Canada, the UK, France, Italy, Germany, and Japan.
The report indicated that the expanded BRICS are already larger than the G7. In 2022 the bloc accounted for 36% of the global economy, versus 30% for the advanced economy group. (Full article.)
Iran, perhaps becoming disillusioned from alleged promises from the United States to release $billions of funding to prevent them from escalating the war in Gaza, has just called for an emergency virtual summit with the BRICS nations over the Gaza situation to be held tomorrow, Tuesday November 21st, with reports that both Russian President Putin and Chinese President Xi will attend.
South Africa to host BRICS virtual meeting on Gaza as proposed by Iran’s president
Upon a proposal by Iran’s President Ebrahim Raeisi, the leaders of the BRICS group of emerging economies will hold an emergency virtual meeting to discuss Israel’s ongoing onslaught against Palestinians in the Gaza Strip.
“Leaders of the BRICS countries – Brazil, Russia, India and China – will gather [under the South African presidency] for an emergency virtual meeting, inviting the leaders of the [new] BRICS countries – Saudi Arabia, Argentina, Egypt, Ethiopia, Iran and the United Arab Emirates,” the South African president’s office said in a statement on Monday.
It added that South African President Cyril Ramaphosa is scheduled to deliver the opening remarks at the BRICS extraordinary meeting on Tuesday.
It noted that the six member and invited states will deliver separate statements on the current humanitarian crisis in Gaza as the Israeli regime continues its relentless attacks on the besieged Strip.
UN Secretary General Antуnio Guterres will attend the meeting and the participants are expected to issue a joint statement. (Source.)
Russian President Vladimir Putin will reportedly attend and take part in the meeting.
Putin to take part in emergency BRICS summit – Kremlin
The meeting will be dedicated to the ongoing escalation of the Israeli-Palestinian conflict, Moscow has said.
Russia’s president, Vladimir Putin, will join an emergency video conference with other BRICS leaders on Tuesday to discuss the ongoing escalation between Israel and the Palestinian Hamas militant group, the Kremlin said in a statement on Monday. The presidential administration provided no further details about the upcoming event. (Source.)
Meanwhile, top diplomats of five Arab countries just arrived in Beijing today to discuss the Gaza situation, and Chinese President Xi is expected to attend tomorrow’s emergency BRICS meeting as well.
Gaza And BRICS: Arab Leaders’ Visit To China Is Only The Beginning
Frustrated by the United States’ unwavering support for Israel’s war on Gaza, Arab governments have looked at other options to help establish a ceasefire before it becomes too late. First stop: Beijing. Moscow’s role may be more obscure, but no less essential, in building a global coalition that counters the West’s stance.
Choosing Beijing as the first stop of a tour to the five permanent members of the United Nations’ Security Council shows China’s growing role in the Middle East amid global power competition. It also shows regional frustration from the West’s justification of Israel’s attacks on the Palestinians as “a self-defense,” according to Asharq, a United Arab Emirates-based news outlet.
The delegation included foreign ministers of Egypt, Saudi Arabia, Jordan, Indonesia, the Palestinian Authority, and the chairman of the Organization of Islamic Cooperation.
The meeting was chaired by Foreign Minister Prince Faisal bin Farhan Al Saud of Saudi Arabia, who called for an immediate ceasefire and the entry of humanitarian and relief aid to Gaza, according to the Saudi foreign ministry.
Rather than more futile talks with Israel and the U.S. about the war, the Arab delegation is focusing its efforts now on other sources of geopolitical power. Indeed, on Tuesday, Chinese President Xi Jinping is expected to attend the BRICS extraordinary virtual summit on the Palestinian-Israeli issue and deliver public remarks in Beijing, according to Foreign Ministry Spokesperson Hua Chunying.
Sources also say the Arab foreign ministers may head next to Moscow to continue the efforts to leave the West risking further isolation on its approach to the Middle East. (Full article.)
Will an announcement from the BRICS nations just be more saber rattling rhetoric about the humanitarian crisis with the suffering of the Palestinian people? Or is Iran marketing their military and alliances to the highest bidder now, realizing that the funding from the U.S. is probably drying up due to the Zionist controlled U.S. Congress?
Are the Zionists in the U.S. getting ready to sacrifice the entire country on the altar of Zionism in their unconditional support of Netanyahu’s Israel?
This is a developing story with obvious worldwide consequences…
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