In a tumultuous week: Building BRICS, brick by brick, By Owei Lakemfa

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With these new additions, the building of BRICS, brick by brick, on the foundation of the five founding countries.

BRICS may eventually float its own currency which, in contrast to the euro, would be more universally acceptable and used. A vastly expanded BRICS would signal the decline of the dollar and the American Empire. However, the US will not go down without a fight; so we have to prepare for a world of wild fires lit by a declining world power.

The reality that Africans are not ready to shed the blood of their brothers and sisters in Niger finally dawned on France. It therefore decided to carry out the invasion itself. So, on Monday it approached Algeria for permission to use its airspace to invade Niger. The leader of the Russian mercenary Wagner group had suddenly resurfaced on social media on Monday, apparently speaking from somewhere in Africa. He and six other Wagner leaders, including 53-year old co-founder, Dmitry Utkin, had boarded one of his private jets from Moscow, and half an hour later, the aircraft fell from the sky. Given the drone attacks by Ukraine in the past days, it could have been friendly fire.

Meanwhile, some of the most dramatic sketches are playing out in Thailand. Former Prime Minister, Thaksin Shinawatra, who was overthrown by the anti-democracy and pro-monarchy military on 19 September, 2006, returned from 15 years in exile to serve an eight-year jail sentence. You can be sure that his 22 August return is part of a political script; he was checked into a hospital, and the same day his preferred candidate, Srettha Thavisin, was voted in as the new Prime Minster.

One of the major issues at this 15th Summit was that of expanding the membership, with some BRICS nations expressing caution about this. The issue was resolved in favour of expansion and six of the over 20 countries that applied for membership were admitted. These include three hitherto staunch allies of the US: Saudi Arabia, the United Arab Emirates , and Egypt. Also admitted is Iran, a country with a streak of anti-Americanism, Argentina and Ethiopia.

 

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