Putin Rebukes Lula's Brazil for Rejection of Venezuela Into BRICS
Russian President Vladimir Putin could not have been clearer in his rebuttal against Brazilian President Lula de Silva over his in absentia veto against Venezuela's entry into the BRICS alliance.
Thanks to both of you as ever for this more objective view - a refreshing change from the hype about BRICS being promoted by many.
Obviously, the growth of BRICS is astounding and gives many people hope for the future, but the numbers being reported with regard to combined GDPs etc. should be seen in their proper light: they represent the potential of BRICS and not our present economic reality. Also, as you point out, the format or paradigm itself is weak and all too vulnerable to interference; as we've seen with the Venezuela-Brazil spat and MBS' absence from Kazan...because he was meeting Blinken!
Another point to note - and perhaps the most important - is that the main drivers of BRICS' success are the patently suicidal economic policies of the 'rules-based order'; Putin has made this point more than once: BRICS are not challenging the West - the West is undermining itself and exacerbating movement away from the dollar. This could change. However, there are no signs as yet of any significant outbreaks of sanity in Washington, Brussels or London.
Thanks to both of you as ever for this more objective view - a refreshing change from the hype about BRICS being promoted by many.
Obviously, the growth of BRICS is astounding and gives many people hope for the future, but the numbers being reported with regard to combined GDPs etc. should be seen in their proper light: they represent the potential of BRICS and not our present economic reality. Also, as you point out, the format or paradigm itself is weak and all too vulnerable to interference; as we've seen with the Venezuela-Brazil spat and MBS' absence from Kazan...because he was meeting Blinken!
Another point to note - and perhaps the most important - is that the main drivers of BRICS' success are the patently suicidal economic policies of the 'rules-based order'; Putin has made this point more than once: BRICS are not challenging the West - the West is undermining itself and exacerbating movement away from the dollar. This could change. However, there are no signs as yet of any significant outbreaks of sanity in Washington, Brussels or London.
Lula beat Bolsenaro with a CIA led election steal. He is paying back his new boss.