Milei says Argentina will not be joining Brics bloc in U-turn

News Snapshot:

Argentina has formally announced that it will not join the Brics bloc of developing economies, the latest in a dramatic shift in foreign and economic policy by Argentina’s new far-right populist president, Javier Milei. In a letter addressed to the leaders of Brazil, Russia, India, China and South Africa – all members of the alliance – Milei said the moment was not “opportune” for Argentina to join as a full member. The letter was dated a week ago, 22 December, but released by the Argentinian government on Friday, the last working day of 2023. Argentina was among six countries invited...