Saturday, March 16, 2024

Trio of BRICS, OPEC and China/Russia: How Global South Leading the World


Trio of BRICS, OPEC and China/Russia: How Global South Leading the World

Fastepo:  3-15-2024

Recent developments suggest a broadening and deepening of the BRICS alliance with OPEC, with significant implications for global energy markets and geopolitical alignments. 

The global landscape is witnessing a pivotal transformation with the expansion of the BRICS group, now including key OPEC members like Saudi Arabia, Iran and the UAE, along with Egypt, and Ethiopia. 

This strategic enlargement significantly enhances the bloc's global energy influence and positions it as a formidable counterweight to G7, potentially altering the dynamics of global energy markets and investment flows.

 In this video, we explore the intricate dynamics between OPEC, BRICS, and the pivotal roles of China and Russia, focusing on their collective influence on global finance and the international order. 

We'll examine how these relationships are reshaping economic alliances, challenging Western dominance, and potentially creating a new multipolar financial landscape. 

Join us as we dissect the strategic partnerships and rivalries that are redefining global economics and politics, and consider the future implications for global stability and prosperity.

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