BRICS expansion: BRICS rejects World Bank and IMF

BRICS rejects the World Bank and IMF. In recent years, the global economy has encountered numerous challenges, ranging from the impact of COVID-19 to a recent recession. While traditionally wealthy nations including G7 countries, are grappling with these difficulties, countries in the global south are focusing on cooperation and growth. Among them, the BRICS nations have drawn significant attention as a group of emerging economies seeking to reshape the global order. In this video, we’ll delve into the historical context and explore what makes BRICS so appealing, shining a spotlight on their significance.