Will the BRICS gain economic domination?

Two weeks ago in New Delhi, the BRICS nations of Brazil, Russia, India, China and South Africa held their annual meeting. Critics note that “nothing appreciable” resulted from the meeting. Others wonder what future effects this alliance between nations representing almost half of the world’s population might have.

One meeting resolution was to “press ahead with plans to create a ‘south-south’ development fund that might one day rival the World Bank and the Asian Development Bank.” They also agreed to push for greater IMF voting rights for developing countries, and to oppose western military intervention in Iran (Guardian.co.uk, March 29, 2012).

The creation of a “development fund” is interesting because Russia, China and India already have military ties and perform joint military exercises annually. Although the BRICS are unlikely comrades, future joint economic ventures might draw these nations closer together.

Bible prophecies reveal that near the end of the coming “great tribulation,” a vast army from north and east of Jerusalem will “trouble” the European Beast power, which will overrun the king of the South (Daniel 11:44-45). This 200 million-man army will ultimately destroy one-third of mankind (Revelation 9:13-19; 16:12-16). These “kings of the East” will likely spring from alliances of several very populous nations.

For more information on this topic, review our free booklet Armageddon and Beyond.