BRICS nations first assessed what caused Western hegemony for so many decades, before taking steps to shift the global order.
These shifts were formally announced yesterday at the conclusion of the 15th BRICS summit hosted in South Africa.
International relations lecturer at the University of Johannesburg, Ndzalama Mathebula, notes that Western dominance is most felt in their currencies, and their influence on key trade routes.
But with BRICS taking steps towards de-dollarisation, and China setting up the Belt and Road Initiative, trade dynamics may soon change, shifting economic strength towards developing nations.
Mathebula also says that the inclusion of six more countries to form BRICS Plus is also important.
Featured
News Headlines
There is no immediate risk of fuel shortages in South Africa, but higher fuel…
Anti-Gang Unit detectives are investigating a triple murder in Rocklands, Mitchells Plain. A 15-year-old…
Cape Town is currently experiencing a severe heatwave, with temperatures soaring well above normal…
Taxi operations in Nyanga have been suspended following safety concerns. The Cape Amalgamated Taxi…
More than 500 people have now been rendered homeless following a devastating fire that…





