Leaders of the five major emerging economies that form the BRICS bloc will allow six new countries to join the fold, they announced Thursday. Saudi Arabia, Iran, Argentina, Egypt, Ethiopia and the United Arab Emirates will become BRICS members in January 2024, joining Brazil, Russia, India, China and South Africa. The countries were invited following an agreement to expand the group reached at a three-day BRICS summit in Johannesburg. The additions aim to put the Global South — the largest Southern countries in terms of land area or population — squarely in the middle of global conversations on economics and governance and set the stage for a more powerful counter to Western-led
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