BRICS' Expansion in the Global South

Iran, Saudi Arabia, Egypt, Ethiopia and the United Arab Emirates formally joined the BRICS group of major emerging economies on January 1, 2024, expanding the bloc’s footprint in the Global South and growing its economic and political clout on the world stage, establishing a real counterweight to the Western-dominated G7. You will find more infographics at Statista In August, the bloc had announced that it would be admitting six new members, including Argentina. However, as Statista's Felix Richter reports, the South American…