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Malaysia to Join BRICS

(www.aljazeera.com)
79 points eatonphil | 2 comments | 18 Jun 24 09:44 UTC | HN request time: 0.001s | source
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whatever1 ◴[18 Jun 24 11:18 UTC] No.40716387[source]▶
checks USD exchange rates

Yep it's still the only currency that matters.

Checks Indian-Chinese relations

Yep they still have effective visa bans against each other.

So what is this BRICS club exactly? A dictionary club?

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riffraff ◴[18 Jun 24 11:23 UTC] No.40716443[source]▶
It's crazy that a journalistic expression became a real organization thing, and now journalists treat it as if it meant something.

Joining BRICS is akin to joining the "third world": joining it means nothing and even the original meaning it was supposed to represent has long been lost and forgotten.

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1. vidarh ◴[18 Jun 24 12:30 UTC] No.40717039[source]▶
Unlike "the third world", BRICS has a formal organisation, a headquarter, regular summits, a development bank (unimaginateively named "New Development Bank"), a liquidity support framework, and others. It's not a very close association, but it's also far more than just a label.
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2. riffraff ◴[20 Jun 24 16:02 UTC] No.40740228[source]▶
true, thanks for the correction.