Reflections on the BRICS summit

The 14th BRICS (Brazil, Russia, India, China, South Africa) summit took place this week. Like last year, this year’s summit was hosted virtually in a video conference. South Africa’s President Cyril Ramaphosa, attended.

This summit was closely watched by many around the world. Because it came at a critical period in human history. For more than two years, the world has been battling the COVID19 pandemic, and Russia is now in a war with Ukraine. A war that began in February this year.

The consequences of this war have been damaging to the world. The war disrupted oil supplies, food supplies; and accelerated the inflation that was already on the rise before the war. The inflation is now at crisis levels…..

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