The global restructuring continues even as Clown World does its best to start WWIII:
Vietnam has joined BRICS as its tenth partner country, marking a significant step in the bloc’s expansion, Brazil’s foreign ministry announced on Saturday.
BRICS was established in 2009 by Brazil, Russia, India, and China, with South Africa joining in 2010. The bloc later expanded to include Egypt, the United Arab Emirates, Ethiopia, Indonesia, and Iran. BRICS accounts for around 40% of global GDP in terms of purchasing power parity — surpassing the combined economic weight of the G7, according to Russian Foreign Minister Sergey Lavrov.
The primary utility of BRICS right now is to hamstring the ability of the USA and the EU to accomplish anything with sanctions. And since economics is the primary weapon of the G7, that’s not an insignificant accomplishment.