BRICS Economic Influence and Energy

The video discusses the economic weight of BRICS, a bloc originally formed by Brazil, Russia, India, China, and South Africa, which is expanding to include six new countries: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. This expansion aims to enhance their dominance in global commodities, with significant shares in rare earth minerals, manganese, and oil. The report highlights Argentina's potential as a major lithium producer, crucial for electric vehicle batteries. BRICS aims to form energy partnerships similar to those of the US, to protect against sanctions and strengthen their geopolitical stance.

What percentage of rare earth minerals is controlled by the BRICS?

• 42%

• 72%

• 60%

• 50%

Which organization provided the data on the economic weight of BRICS?

• International Monetary Fund

• An independent American political studies organization

• World Bank

• United Nations

How many new countries were invited to join BRICS during the last meeting?

• Four

• Seven

• Six

• Five

What is the main goal of China in including new members in BRICS?

• To create a front of emerging countries to compete with G7

• To expand cultural influence

• To dominate the technology sector

• To increase military power

What percentage of the world's manganese supply is controlled by the new BRICS?

• 50%

• 80%

• 60%

• 75%

Which country is projected to become the second largest producer of lithium?

• China

• Argentina

• Brazil

• India

Which new BRICS member is investing in electric vehicle production?

• Argentina

• Saudi Arabia

• Egypt

• Iran

What is the projected number of electric vehicles Saudi Arabia aims to produce by 2030?

• 1,000,000

• 100,000

• 500,000

• 200,000

Which two countries are the largest importers of energy within BRICS?

• Iran and Saudi Arabia

• South Africa and Argentina

• India and China

• Brazil and Russia

What is one of the strategies BRICS is considering to avoid sanctions?

• Expanding into new continents

• Increasing military presence

• Using alternative currencies for oil trade

• Forming a new global bank