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| G7 v BRICS |
From a story on RT:
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 thing that caught my eye is number of countries that are slated to join BRICS next month. I then I notice that arch-enemies Iran and Saudi Arabia are both on that list. All I can say is that politics makes for strange bedfellows.
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