Updated: Sat, 30 Aug 2025 08:29 am (IST) India-led Brics has overtaken G-7 in world production. Brics countries have a 35% stake in world production, while G-7 contributes 28%. Economist Richard Wolf said that there is a major change in the global economy and that India’s buying oil from Russia shows that Shakti is bending to Brics. Digital Desk, New -Delhi. India-led Brics has overwhelmed the US dominated organization G-7 on the global production front. Brics countries have increased to 35 percent of global production. At the same time, G7 contributes 28 percent to contribute to world production. Remove the ad just read the news. Richard Woolf, a well -known US economist, warned that there is a major change in the global economic system, and despite the pressure of the US, India still holds oil shopping from Russia. This shows that the balance of power is now bending from America to Brics countries. America’s tariff policy makes Brics strong and united. The increased debt burden on the US said in a podcast that China had reduced the part of the US Treasury, as the total debt of the US rose to $ 36 million. The debt burden could pose serious challenges for the dollar. If the tendency of increasing debt continues, the loan will become expensive for the US, or it will have to cut domestic spending. This will weaken the situation as a world leader of America. The brics strengthen the brics. The US economist has described the US tariff against India as an ineffective strategy, which brought India and other Brics countries closer. He said Trump’s policy makes Brics more large, more united and successful economic options than the West. Trump has imposed the most rates on Brazil and India, US President Donald Trump has placed the most rates on Brics countries Brazil and India. Both countries have described rates as unfair. China is also opposed to using business as a weapon to get Trump’s talk. On the other hand, Russia has also criticized the policy of America and other countries to put other countries under pressure. These four countries are the founding members of the Brics. The global landscape has become uncertain due to Trump’s policy, so that Brics countries can strengthen and strengthen mutual cooperation. India will lead Brics in 2026 Brics is the global organization of the leading emerging economy, Brazil, Russia, India and China is the founding members. In 2011, South Africa was made a member of it and the name was Brics. Later, Egypt, Ethiopia, Indonesia, Iran, United Arab Emirates became its members. Now the number of member states of Brics 10. In 2026 Brics became chair by India. The group of developed countries is G-7G-7 is the group of seven countries that have developed industrial in the world. The group works to resolve international economic and financial issues. America, France, Germany, Italy, Japan, Britain and Canada are its members. As a country with a large economy, India is also called to the G-7 meetings. (Source- Jagran Research)
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