So are we watching the emergence of a G7 versus brics world?
This is not the century of the brics, but the century of women.
At the conclusion of the recent brics summit, the World Bank promised India $15 billion to $18 billion to aid development.
Besides, in recent weeks, India has been party to the setting up of a brics Bank, with Brazil, Russia, China, and South Africa.
The West sometimes risks, by its actions, pushing the brics closer together, but there are underlying divides there.
This is not the century of the brics but the century of women.
The brics clearly rejected sanctions as a response to instability in the Ukraine.
The brics (Brazil, Russia, India, and China) may have been the foundation for much of the global growth over the past few years.
The brics Bank looks, for all its founding rhetoric, like a platform for Chinese hegemony instead.