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Indonesia: Building the Future of Southeast Asia – Global Finance

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BRICS-plus: alternative globalization in the making? ⁤Thus, rather than expanding the⁢ core set of BRICS members, the BRICS+ initiative seeks to create a new platform for forging⁢ regional and bilateral alliances across continents and aims at bringing together the regional integration blocks, in which ‍BRICS economies play a leading role.
URL: https://www.weforum.org/stories/2018/01/brics-plus-an-alternative-to-globalization-in-the-making/

BRICS: Here’s what ⁣to know about the international bloc With the addition of Iran,the UAE and potentially Saudi Arabia,the BRICS group could control nearly half of oil production worldwide and account for an ⁤estimated 35% of total oil ⁣consumption,according to an analysis by S&P Global. “With Saudi onboard the BRICS grouping would be ‍a commodities powerhouse,” the report states.
URL: https://www.weforum.org/stories/2024/11/brics-summit-geopolitics-bloc-international/

The ⁤next ten years of BRICS – will the‍ relationship last? Russia sees BRICS as a geopolitical counterweight to the eastward expansion of the Atlantic system.For South Africa, BRICS​ is a means to legitimize its role as a gateway to and powerhouse of the African continent. BRICS allows Brazil to collaborate in⁣ the shaping of the Asian century, despite its geographical location.
URL:⁣ https://www.weforum.org/stories/2017/10/brics-first-next-ten…5NbVdTYldB?oc=5

Sultan and Russian ​Ambassador Agree on‍ BRICS+ Parliamentary forum
The Jakarta Post
URL: https://news.google.com/rss/articles/CBMiogFBVV95cUxPXzRqMW03eE9oRXBfYXc3SWEzeEtmNUdYR1djWXNyLU11OEJFRWlUb2p6V0F5eHdyRFhjdkRwOUl0SHdEQXE3bGpOc1hRS09NTXMtS2x6bWxFZUxZYXd3UHltQ182Nkt5bGlReGNUUGU2TnRrRG5BdXVaRzFVQ0hVN3BNMXQ2ZkxldGpWOUxiZEE4THEybTN3TGpwbjg4dHl3WUE?oc=5

Indonesia to participate⁢ in BRICS working groups’ ‌meetings
Indonesia Business Post
URL:⁤ https://news.google.com/rss/articles/CBMiQ0FVX3lxTE1nVlhLblRKcnp6M01MYTJ1R1h4UktGblNmMHdvMkxlZmMyMWs5VmU3aWY3M3N4Mjh0NUZiN1RMelFRTEXSAUJBVV95cUxNOHhDZWpTQmFjdkRYYzZ4LTYxT0duUEVmYWNkbXBubWpld0FVZDFWUWlYTGRLcTRMT0ZhOFlXclFVSWc?oc=5

Joining BRICS does not meen‍ shying away ⁢from West: PCO
ANTARA English
URL:[https://newsgooglecom/rss/articles/CBMilgFBVV95cUxQcE92WGRuVUxGNEEyNmh4SHdqa2xDNWlXc0NONk1zVXowMng4ZzlfR1lZSDRrZU5LSW9OVGlwUGhTdVhFWTFMU25Wd1N4UEw5UUxWaGNsQTNGdzNDOGN6cVV[https://newsgooglecom/rss/articles/CBMilgFBVV95cUxQcE92WGRuVUxGNEEyNmh4SHdqa2xDNWlXc0NONk1zVXowMng4ZzlfR1lZSDRrZU5LSW9OVGlwUGhTdVhFWTFMU25Wd1N4UEw5UUxWaGNsQTNGdzNDOGN6cVV

BRICS​ Expansion and⁣ global Impact: ⁢An Interview with Dr. Alexandra ‍Smith

BRICS, an acronym for ⁤brazil, Russia, India, ​China, and South Africa, has been a notable player in global economics and politics. Recent ‌developments, including the⁣ potential addition of new members⁢ and the formation ‌of ⁤the ⁣BRICS+ initiative, have ‌sparked discussions about​ its⁢ role in choice globalization. Dr. ⁢Alexandra Smith, ⁣a renowned expert⁢ on⁣ international relations and global economics, shares her insights⁣ on these topics in an exclusive interview with‍ the Senior Editor of world-today-news.com.

Understanding BRICS and​ Its Expansion

Editor: ⁢Can you provide an ​overview ⁢of BRICS and its significance in the global context?

Dr. alexandra Smith: BRICS is an international bloc that represents a‌ significant portion⁢ of the global economy and population. It has been instrumental in shaping global ⁣policies and challenging the dominance of ​Western institutions. With the potential addition of countries like ⁤Iran, the UAE, and Saudi Arabia, BRICS could control nearly ‍half of the world’s‍ oil ‍production⁢ and account for ⁢35% of ‌total oil consumption.

The BRICS+ Initiative

Editor: What is ⁢the BRICS+ initiative, ⁢and how⁢ does it differ from the core ⁤BRICS members?

Dr.⁣ Alexandra Smith: The ‍BRICS+ initiative is an effort ‍to create a new platform‌ for forging regional⁤ and‌ bilateral alliances across continents. Unlike the core ​BRICS ⁢members, BRICS+ aims to​ bring together regional integration blocks where BRICS economies play a leading ⁣role. This initiative seeks to ​expand BRICS’ influence and​ create an​ alternative to‍ traditional globalization models.

Geopolitical Implications

Editor: How do different ​BRICS ​members view the bloc’s role in geopolitics?

Dr. alexandra Smith: Each BRICS ⁤member has its own strategic interests. For Russia, BRICS serves ​as a geopolitical counterweight to​ the eastward expansion of​ the Atlantic system. South Africa sees ​BRICS as a ​means to legitimize its role as a‍ gateway ​to and powerhouse of the African continent. Brazil‌ uses BRICS​ to collaborate in shaping the Asian century,despite its geographical location. These diverse interests make BRICS a dynamic and multifaceted ‍bloc.

Indonesia’s Role⁤ in BRICS

Editor: Indonesia has been actively participating in BRICS working groups. ‍What does this ⁢mean for the country’s international ‍standing?

Dr.alexandra Smith:Indonesia’s participation in BRICS working groups indicates its growing influence in global affairs. By engaging with ‌BRICS, Indonesia is positioning itself as ​a key player⁢ in regional and international economics and politics. This involvement can⁤ enhance Indonesia’s diplomatic and economic⁣ ties with other BRICS members and strengthen its role in Southeast⁢ Asia.

BRICS and the West

Editor: How does joining BRICS impact a country’s relationship with the West?

Dr. alexandra Smith: Joining⁤ BRICS does not necessarily mean shying away from the ​West. Instead, it ⁤provides an alternative platform for economic and political ⁣cooperation. Countries ⁣can ⁢engage with both BRICS and ⁣Western institutions to diversify their international relations and pursue a more balanced⁣ foreign policy.This approach allows countries to navigate global ⁤challenges more effectively and protect⁤ their national interests.

Conclusion

Editor: ‍What are the main ⁣takeaways from our discussion?

Dr. Alexandra ‍Smith: The expansion of BRICS and ⁢the formation of the BRICS+ initiative are significant developments in global⁣ economics and politics. These changes‌ reflect the evolving ⁤dynamics of international relations and the search for alternative globalization models. By understanding the diverse interests ‌and strategic⁤ goals of BRICS members, we can ⁣better appreciate the bloc’s⁢ role in shaping the global ​landscape.

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