Your attention is my motivation, and your support is the direction we are heading. Follow me and you can see my latest articles. Appreciate the changes in the international situation.
Argentina was originally a potential new member of the BRICS group, but chose to withdraw at the last minute. This decision left the United States feeling a hint of schadenfreude, believing that the expansion of the BRICS organization in South America was blocked. However, it was not long before the United States realized that it had shot itself in the foot. Argentina's decision has left it in economic trouble, with inflation hitting a 33-year high and a sharply slashed exchange rate. In addition, Argentina is mired in an economic crisis and has failed to achieve its goal of full dollarization. The emergence of these problems has caused the United States to realize that it has underestimated the importance of the BRICS organization.
The reason why Argentina was able to successfully bid for BRICS is not without effort. Although Argentina does not have a clear advantage among the many applicant countries, it even has some disadvantages. However, since Argentina is the second-largest economy in South America, its membership would allow for a more balanced distribution of BRICS power in Asia, Africa and Latin America. In addition, the strong support of countries such as Brazil was also an important factor in Argentina's accession. However, it is regrettable that after the general elections, Argentina's new president** announced his refusal to join the BRICS. There is still no conclusive evidence of whether there is obstruction from the United States behind this. But in any case, this decision could be a misstep for Argentina.
The attitude of the United States towards the increasingly important BRICS organization is changing. From the initial indifference to the increasing attention now, this reflects the United States' understanding of the influence of the BRICS organization in international affairs. The United States is worried that as more and more countries join the BRICS, its voice in the international community will be weakened. Especially in South America, the expansion of the BRICS organization is unacceptable to the United States. Therefore, Argentina's announcement of its withdrawal from the BRICS organization is undoubtedly good news for the United States. However, with Argentina's withdrawal, the BRICS organization has become more pure, and the United States may be concerned about this.
In 2024, Russia will replace South Africa as the chair of the BRICS. In this context, this year the BRICS organization will hold a number of forums and events in Russia, and the participating countries will have the opportunity to deepen cooperation with Russia. For the United States, what is even more worrying is that this could further drive the de-dollarization trend. Russia, as a model of de-dollarization, has not been affected by the dollar, and its economic growth has even exceeded 35%。Russia is expected to use the stage of the BRICS organization to show the world the results of its de-dollarization. For the United States, this is undoubtedly a disturbing signal.
Argentina's withdrawal, while a temporary relief for the United States, has raised deeper concerns. The importance of the BRICS organization in international affairs is becoming increasingly prominent, and countries that join the BRICS have more voice and influence. And Russia's rise and de-dollarization pose a direct challenge to the United States. The United States realizes that it has to pay attention to the BRICS organization and respond accordingly. For Argentina, withdrawing from the BRICS could be a hasty decision that leads to major economic and political difficulties. This incident reminds us that in international affairs, any policy decision needs to be carefully weighed, and we must not ignore long-term interests for the sake of short-term gains.
Follow me to get the latest and hottest information, so that you can keep up with the pace of the times and understand the latest trends! Every bit of yours, I will remember in my heart; I appreciate your words and deeds.