Russia is hosting the BRICS summit, pushing for a new world order to challenge the U.S.-led West. Initially comprised of Brazil, Russia, India, China, and later South Africa, BRICS now includes Egypt, Ethiopia, Iran, and the UAE. Russia is using this summit to strengthen ties with economically developing nations in Asia, Africa, and Latin America, aiming to rival Western dominance. Russian President Vladimir Putin emphasized BRICS' growing authority in international affairs and its focus on economic sovereignty. The summit shows Russia's enduring influence amid Russia's isolation due to sanctions.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Russia is hosting the BRICS Summit, pushing for a New World Order to challenge the U.S.-led
00:07West.
00:08Initially comprised of Brazil, Russia, India, China, and later South Africa, BRICS now includes
00:13Egypt, Ethiopia, Iran, and the UAE.
00:16Russia is using this summit to strengthen ties with economically developing nations
00:20in Asia, Africa, and Latin America, aiming to rival Western dominance.
00:25Russian President Vladimir Putin emphasized BRICS's growing authority in international
00:29affairs and its focus on economic sovereignty.
00:32The summit shows Russia's enduring influence amid Russia's isolation due to sanctions.
00:36For all things money, visit Benzinga.com slash GSTV.