Business Matters

BRICS invites six more countries to join the bloc

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Sinopsis

The BRICS group of nations has invited six countries to join them. They are Argentina, Egypt, Iran, Ethiopia, Saudi Arabia and the UAE. We look at how some of these countries would benefit from joining this bloc. China suspends all seafood imports from Japan over the release of wastewater from the Fukushima nuclear power plant into the Pacific. Central banks from around the world are gathering in Jackson Hole, Wyoming for the start of the influential three-day economic conference. (The national flags of current BRICS members are displayed at the conference centre in South Africa. Photo Credit: Per-Anders Pettersson/Getty Images)