The original BRICS economic alliance has expanded. During the summit held in South Africa, the group voted to accept the applications of Iran, Argentina, Saudi Arabia, United Arab Emirates, Egypt and Ethiopia.
What we see forming now is further evidence of the great energy cleaving.
As most western nations chase the WEF's priority around 'climate change', the BRICS alliance hedges for traditional, efficient, reliable energy sources (oil, natural gas, coal).
Some argue China will benefit the most as the Western industrial economies will not be able to compete in a global market using windmills and solar panels.
Germany is already starting to de-industrialize, and their PM has horrible poll numbers.