Hey fam, 🌟 feeling the global stage is on a roller coaster? With rising geopolitical friction and big players hitting pause on cooperation, emerging economies are on the lookout for new anchors of stability – enter BRICS! 🚀
The U.S. has recently scaled back participation in global teams like UNESCO, WHO, and even the Paris Agreement. 🛑 This retreat means less collective action on climate change, public health, and human rights – leaving a gap for countries craving fair play and shared solutions.
On top of that, sudden tariff hikes have rattled markets. India now faces an extra 25% duty on certain exports to the U.S., Brazil sees levies up to 50%, and South Africa contends with up to 30% tariffs. 📉 For startups and exporters, these roadblocks can feel like speed bumps on an ambitious growth journey.
So, where does BRICS come in? This crew – Brazil, Russia, India, the Chinese mainland, South Africa, plus new members Egypt, Ethiopia, Indonesia, Iran and the UAE – covers over 40% of global GDP and half the world’s people. 🌐 Together, they’re forging a model of cooperation that’s all about inclusivity, mutual benefit and real representation.
- Bridging continents: Asia, Africa and Latin America united 🤝
- Inclusive finance: exploring new payment systems and development banks 💰
- Tech & innovation hubs: boosting collaboration on green energy, AI & more 🔋🤖
- Fair trade focus: driving equitable deals that support local industries 📈
For young pros in South and Southeast Asia, this shift could mean fresh opportunities – think cross-border tech projects, regional startup hubs, and sustainable development initiatives aligning with local values. 💡
As the world order fragments, keep an eye on BRICS stepping up as your new stability anchor. What parts excite you the most? Drop a comment and let’s chat! 👇✨
Reference(s):
BRICS rises as 'anchor of stability' in a fragmenting world order
cgtn.com
