The BRICS Bloc Is Leading The Shift Towards A New World Order

The following report is an op-ed by Sajjad Ashraf from Gulf News. Sajjad Ashraf served as an adjunct professor at the Lee Kuan Yew School of Public Policy, National University of Singapore from 2009 to 2017. He was a member of Pakistan Foreign Service from 1973 to 2008 and served as an ambassador to several countries.

Russia last month took over the rotating (2024) annual chairmanship of BRICS — an intergovernmental alliance it helped found in 2009 with Brazil, India and China. South Africa joined a year later.

Hence BRICS. The group was designed to bring together, the world’s most important developing countries, to challenge the political and economic stranglehold of America and its European partners. The first real expansion of BRICS (Now BRICS+) with the formal inclusion of Egypt, Ethiopia, Iran, Saudi Arabia and UAE has taken place.

The expanded BRICS will represent 45 percent of global population and shall account for about 36 percent of global GDP in purchasing power parity (PPP) terms. The G-7 — the world’s industrialized countries in comparison, will be left with 30 percent.

Since its transition from an investment category to a political/economic club the organization has lived with many sceptics — almost entirely from the West, over its future and its impact.

Yet, BRICS, in 15 years of its existence has not only defied such projections but with 5 new members, is now poised to expand into a much stronger and a wealthier organization. With 40 countries lined up for membership, the BRICS+ is now primed for a significant impact on the global economic and political scene.

Global Economic Balance

Each of the original member states share a profound sense of unease of the current world order. BRICS allows nations space and freedom to make non-aligned choices.

China and Russia apart, the other three members — India, Brazil and South Africa have also felt the strength of the bloc and demonstrated an independent, non-aligned foreign policy.

There is no doubt that the Bretton Woods economic system created after World War II, dominated by the US is no more relevant. Of the two main financial institutions the World Bank is headed by an American citizen. The IMF managing director is always a European but the deputy is American.

The global economic balance continues to shift towards east, but the voting weightage and the operational power still remains with the US and Europe. The institutions have not been able to adequately reform to rOIneflect the growing economic muscle of the powers like China, Japan, Korea and the likes.

A New World Order

Unable to find space within the existing structures China has indeed been instrumental in setting up the New Development Bank (NBD)-initially called BRICS Development Bank, which started its operations in 2016.

And similarly, China has also sponsored the Asia Infrastructure Investment Bank (AIIB) as an instrument for promotion of Belt and Road Initiative (BRI). Both banks are headquartered in Shanghai and had Indian bankers as the initial heads.

The NDB designed to lend money to member states to boost infrastructure demonstrates member states’ weariness with the Western sponsored financial institutions like the World Bank, IMF and others European Bank, Asian Bank. The bank around $29 billion loans for member countries in the 2017-21 period, as it now targets another $30 billion credit disbursement in 2022-2026.

All roads now lead to a new world order. It is only a matter of time.

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AUTHOR COMMENTARY

In September, 2015, top Chinese and Russian leaders met to discuss their new agreements to help lead the ‘new world order’ together. SEE: China And Russia Announce They Are Ready To Create A New World Order Together

And the sixth angel poured out his vial upon the great river Euphrates; and the water thereof was dried up, that the way of ^{the kings of the east} might be prepared.

Revelation 16:12

Currently there are roughly 40 other countries looking to join BRICS, after having already admitting 5 more members last year (not including Argentina with Javier Milei rescinding their invitation). Unless you live in the U.S., or a European nationalist that can’t see the forest from the trees, it is obvious to the rest of the world that the old order that was dominated by the U.S. is dying, and will soon be uprooted relatively soon.

Western superpowers are not listed in the scriptures during the end times, but rather Eastern powers, and we are seeing and living in this transitionary shift.

2024, I believe, is going to be the last calm year before the storm. Yes, there are going to be all kinds problems and economic failures, no doubt, but the REAL pain I believe is coming in 2025 and thereafter.

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[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).

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