New economic world order is emerging – and BRICS will be at the centre of it

26 March 2018 The rise and rise of the Brics bloc is a definite indication of the new emerging world order, one that is both political and economic in nature and is a reflection of the global power shift and realities of the twenty-first century.The Brics countries have a lot going for them. Together they encompass more than 25percent of the world’s land coverage and 40percent of the world’s population and hold a combined gross domestic product of $18.5trillion (R216.5trln). In Oct...
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