Chinas capital Beijing hosts 14th BRICS Summit where President Xi has urged BRICS nations to oppose unilateral sanctions. He said BRICS must act to inject positive, stable, and constructive forces into world.
Russian President Putin also called on BRICS nations to cooperate in face of Wests selfish actions. Brazil, Russia, India, China initially formed BRIC in 2009, South Africa joined in 2010.
BRICS countries represent approximately 40 percent of global population, accounting for about 25 percent of global economy.
In this edition of Spotlight, Press TV and panelists Daniel Lazar journalist and author from New York, and John Bosnitch journalist, activist and political analyst from Arad, Romania look at the BRICS significance of this alliance amidst the Ukraine war, China-US tensions, and rising energy and food prices.
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