Brazil is a member of the BRICS trading bloc , along with Russia, India, China, and South Africa.
Brazil is a member of the BRICS trading bloc , along with Russia, India, China, and South Africa.
BRIC's Growth in Global Dominance
In 1990, BRIC countries accounted for 11% of global gross domestic product (GDP). By 2014, this figure rose to nearly 30%. These figures include a high in 2010, following a plunge in value, surrounding the 2008 financial crisis. BRIC countries were originally projected to be the fastest-growing market economies by Jim O'Neill of Goldman Sachs in 2001. The Goldman Sachs thesis does not argue that these countries are a political alliance, like the European Union (EU), or a formal trading association. Instead, it asserts they have power as an economic bloc. BRIC countries have not announced formal trade agreements, but leaders regularly attend summits together and often act in concert with one another's interests. It has been postulated that by 2050 these economies would be wealthier than most of the current major economic powers. ........https://www.investopedia.com/terms/b/bric.asp
Last edited by PJL; 06-08-2021 at 11:18 PM.
If you just ignore the BRICS trading bloc , it might just go away ?.......nothing to see here ...(lol)
" Summary
Fueled by the Cold War and transnational corporate interests, the U.S. has covertly tinkered with the governments of Latin American countries since World War 2, producing an extremely violent and unstable political climate. This history gives context to the growing anti-Americanism in Latin America, most visibly illustrated in the open defiance of Venezuela’s Hugo Chavez and Bolivia’s Evo Morales to US policy. It also gives context to the recent trend in Latin America to elect left-wing governments." ....https://www.geopoliticalmonitor.com/...-american-021/
Brazil 1961-64: After democratically elected Janio da Silva Quadros of the Brazilian Labor Party (PTB) resigned, citing military and U.S. pressure as the reasons, his successor, Joao Goulart, was overthrown by a U.S.-supported military coup in 1964. Critics argue that this is because Goulart promoted social and economic reforms, limited the profits of multinationals, nationalized a subsidiary of U.S.-owned International Telephone and Telegraph (ITT), and refused to break relations with Cuba and other socialist countries. He was replaced by two decades of a brutal military regime. There would not be another Labor Party president until the election of Lula da Silva in 2002......https://www.geopoliticalmonitor.com/...-american-021/
It’s not a trading block. It is just an idea. An idea that has past
"Don't piss down my back and tell me it's raining"----Fletcher in The Outlaw Josey Wales
The irrelevance of what you have posted boggles the mind
"Don't piss down my back and tell me it's raining"----Fletcher in The Outlaw Josey Wales
Taiwan doesn’t need permission for anything because like Brazil it is an independent nation. Do you agree?
"Don't piss down my back and tell me it's raining"----Fletcher in The Outlaw Josey Wales
......just ignore it then.