The BRICS Coalition Meets In India

The coalition of second-tier and second-rate countries calling themselves the BRICS (an acronym for Brazil, Russia, India, China, and South Africa) has just wound up its annual “summit,” this year held in New Delhi, India. In the twenty years since the BRICS coalition’s founding, its membership has expanded beyond just the countries forming the acronym, with additional attendees at this year’s event including the likes of Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the UAE. Of those new members, only Indonesia really has a claim for even second-rate status. Saudi Arabia and UAE are wealthy, but owe the wealth almost...