Brics: The G-7 Economic Alliance’s Rival, Explained | WSJ скачать в хорошем качестве

Brics: The G-7 Economic Alliance’s Rival, Explained | WSJ

The Brics economic alliance – formed by China, India, Russia, Brazil and South Africa – is considering an expansion, with more than 20 countries including Saudi Arabia and Iran having formally applied to join the bloc. Brics countries already make up more than 40% of the world’s population and almost a third of the world’s GDP. WSJ’s Alexandra Wexler analyzes the membership frenzy and whether an enlargement can ultimately threaten the powerful G-7. 0:00 Brics vs. G-7 0:49 What’s at stake? 2:12 Why Brics wants to expand 3:11 Strongest candidates to join News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news. #BRICs #Economy #WSJ