Macron is Knocking on The Doors of BRICS. Here’s Why

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FROM – Jun 16, 2023 #vantageonfirstpost #firstpost #worldnews
Macron is Knocking on The Doors of BRICS. Here’s Why | Vantage with Palki Sharma

French President Emmanuel Macron has asked South Africa for an invite to the upcoming BRICS summit. Egypt has officially applied to join the grouping and Bangladesh too expects to become a BRICS member during the August summit.
Is BRICS becoming more powerful as a multinational organization?
Why are countries flocking toward BRICS?

Reports claim the US and India are close to agreeing on a deal to jointly produce jet engines ahead of PM Modi’s state visit.
The deal would signal US commitment to share critical technology with India, something Washington has refused to do in the past. How important is jet engine technology?
How will this deal impact India’s defense industry?

China missed its industrial output forecast for the month of May amid calls for more financial stimulus to revive the economy.
Investors who praised the Chinese growth story are now calling for “political change” at the top.
What explains this downward slump? Is this the end of the Chinese Dream?

The political stalemate in Lebanon shows no sign of ending, even as an economic collapse seems imminent. Hezbollah blocked economist and former IMF leader, Jihad Azour, from becoming president. The 12th attempt to choose a president fails and Lebanon is still without a leader seven and a half months after the former president stepped down.
Will the politics stop before Lebanon’s economy completely crashes?