Brics Summit: Building a New Global Order | Johannesburg News

Brics nations are rallying at their annual summit amid global chaos—shipping delays, energy shocks, and rising tensions. Born in 2001 and formalized in 2009, the bloc now includes 10 members after recent expansions, aiming to reshape global power by challenging U.S.-dominated systems. With a combined economic and population might that rivals the West, they’ve launched the New Development Bank, built a cross-border payment system to dodge the dollar, and are exploring central bank digital currencies. But internal fractures persist: Russia and China push for anti-Western alignment, while India and Brazil prioritize economic reform. New members like Iran and the UAE add complexity, especially as they clash with global allies. This summit’s success hinges on diplomacy—finding common ground amid divergent interests to build a viable alternative to Western financial dominance. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/aea6d8cd5eaddc67