"Decoding the BRICS Summit: America's Rivals and Allies Unite Economically"

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Source: Vox.com
"Decoding the BRICS Summit: America's Rivals and Allies Unite Economically"
Photo: Vox.com
TL;DR Summary

The BRICS countries (Brazil, Russia, India, China, and South Africa) are meeting to discuss their common desire for a more balanced global order and to challenge the dominance of the US and the West. While the BRICS countries have established their own development bank and symbolize an alternative to the US-led global financial system, their efforts have been largely symbolic due to their own economic slowdowns and internal differences. However, the fact that many countries are seeking alternatives to the US-led order indicates a desire for change. The BRICS summit is unlikely to provide a clear vision or unity, but it highlights the need for the Biden administration to reckon with the desire for a different type of world order.

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