Economy / Finance

Lena Petrova: BRICS Expansion Signals Western Policies Have Failed

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Professor Seyed Mohammad Marandi, an academic at the University of Tehran and a political analyst, joins Lena Petrova to discuss the recent news with respect to the BRICS bloc, economic development aspirations for the global majority, and what Iran’s full membership in the BRICS+ means for its economy. The BRICS bloc, comprising Brazil, Russia, India, China, and South Africa, is a powerful group of emerging economies that have been making waves in the global political and economic landscape. With a combined GDP of over $16 trillion, these countries represent over 40% of the world’s population and 25% of the global…

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