South African President: "We've reached an agreement to invite Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and UAE to become full members of BRICS. The membership will come into effect from January 2024."

#news #macro #brics

https://www.aljazeera.com/economy/2023/8/24/saudi-arabia-iran-to-join-brics-as-grouping-admits-six-new-members

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Discussion

Interesting. Definitely feels like a split where countries will be choosing between Brics and US/Western Europe in the coming years