BRICS Vs. EU: How The New King in Town Is Dethroning Old Players!

BRICS, consisting of Brazil, Russia, India, China, and South Africa, is unsettling Western powers by challenging their long-standing dominance in global affairs. While Western blocs like the EU, G7, and G20 may not openly express concern, behind closed doors, they recognize the shift in power dynamics. BRICS poses a formidable rival by targeting key areas of Western influence. Firstly, BRICS aims to dominate the world economy through collective action and cooperation among its member states. This challenges the traditional economic hegemony of Western powers. Additionally, BRICS seeks to expand its membership beyond the initial five nations, further diluting Western influence. Furthermore, BRICS proposes alternatives to the established global financial system, including the introduction of a new currency to replace the US dollar. This move undermines the centrality of Western currencies in international trade and finance, posing a direct challenge to Western economic dominance. Comparing BRICS to the European Union, which has expanded its membership, reveals different approaches to reshaping global power dynamics. While the EU focuses on regional integration, BRICS aims for broader international cooperation, leveraging its diverse member states’ economic and geopolitical strengths to challenge Western hegemony. Join this channel to get access to perks: We are Changing the narratives Of Mother Africa through YouTube Video at a Time... It’s Time For Africans To Tell Their Own Story! __________________________________________________________________ Remember to subscribe, and ring the notification bell, so that you do not miss any of our videos. Email us for News Tips, content submission, ads partnership, collabos, sponsorship or content issues All our videos are aimed at Educating, Informing, Reporting, Reviewing, Criticizing & Ranking everything African. Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.