• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Small Habits That Make A Big Difference

April 23, 2026

States Stockpile Gold Bars To Hedge Against Inflation

April 23, 2026

Hilarious Sayings for a Happy Start to Summer

April 23, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Thursday, April 23
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    States Stockpile Gold Bars To Hedge Against Inflation

    April 23, 2026

    EXCLUSIVE: Biden-Era Rule Screws Over Top US Truck Maker As Diesel Plans Grind To A Halt

    April 22, 2026

    Panel Makes Case For Turbocharging American Innovation At Daily Caller Live Event

    April 21, 2026

    EXCLUSIVE: Florida AG Launches Antitrust Probe Into Plastic Organizations’ Costly Climate Goals

    April 21, 2026

    Tim Cook Announces Exit As Apple CEO

    April 20, 2026
  • Finance

    How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

    February 18, 2026

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»World»Economic Basket Case Venezuela Wants to Join China-Led BRICS Coalition
World

Economic Basket Case Venezuela Wants to Join China-Led BRICS Coalition

June 3, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Venezuelan socialist dictator Nicolás Maduro said on Monday that he would like to join BRICS, the economic alliance between Brazil, Russia, India, China, and South Africa that will hold its next summit in Johannesburg, South Africa, in August.

“If we are asked whether Venezuela wants to be part of BRICS in the future, yes, we want to be a humble part of BRICS and keep pace with the changing geopolitical situation,” Maduro said at a joint press conference in Brasilia with Brazilian President Luiz Inacio Lula da Silva.

Brazilian President Luiz Inacio Lula da Silva bids farewell to Venezuelan President Nicolas Maduro after a luncheon at the Itamaraty Palace in Brasilia, Brazil, May 29, 2023. (Mateus Bonomi/Anadolu Agency via Getty Images)

Maduro hailed BRICS for drawing applications from over 30 prospective new members seeking “peace and cooperation.”

“Venezuela would like to be part of BRICS and accompany the construction of the new architecture, of the new geopolitics, of the new world that is already being born,” he said.

Lula, the anti-American leftist who unseated Jair Bolsonaro in October despite a history of corruption, enthusiastically endorsed Maduro’s application for membership and hoped BRICS might help to end a century of U.S. economic dominance.

“My dream is that we have a common currency so that our countries can do business without being dependent on the dollar,” Lula said.

“Only one country is currently in possession of a dollar printing press, and this country does whatever it wants with the dollar currency,” he said.

Brazilian President Luiz Inacio Lula da Silva and President Joe Biden walk along the West Colonnade to the Oval Office at the White House in Washington, Friday, February 10, 2023. (Andrew Caballero-Reynolds/Pool via AP)

Lula hoped BRICS might change that by developing its own medium of exchange, “just like the European Union emerged with the euro currency.”

See also  Egypt To Court Indian Investors With Special Spot On Suez Canal Economic Zone

Maduro’s membership in BRICS might be problematic because his brutal regime is under heavy sanctions from the United States. Lula assailed those sanctions as “extremely exaggerated” and called on the U.S. to recognize Maduro as the legitimate ruler of Venezuela, even though he has never come close to allowing a free and fair election.

“I think it is really absurd that they deny that Maduro is president of Venezuela,” he said.

Maduro said he plans to ask the entire region of South America to demand the lifting of U.S. sanctions against his regime.

“We flatter the economic, financial, and monetary power of other nations from the North, but many of those we flatter condemn us to ostracism, to financial, economic, and monetary weakness forever,” Maduro said, repeating his common theme of blaming Venezuela’s economic woes on U.S. sanctions instead of his own policies.

Chinese President Xi Jinping hosts the 14th BRICS Summit via video link in Beijing, capital of China, June 23, 2022. Xi delivered remarks titled “Fostering High-quality Partnership and Embarking on a New Journey of BRICS Cooperation” at the summit. South African President Cyril Ramaphosa, Brazilian President Jair Bolsonaro, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi attended the summit. (Li Tao/Xinhua via Getty Images)

“No, we have to build a new geopolitics, and that new geopolitics has fundamental components such as the union of South America,” he said, touting BRICS as an “advanced” version of such regional unity.

Lula blasted his predecessor Bolsonaro for banning Maduro from entering Brazil, a restriction Lula lifted soon after his own election.

See also  Mississippi Cop Out Of Job After 10-Year-Old Jailed For Public Urination

“It’s hard to believe so many years went by with no dialogue with a neighbor with whom we share the Amazon region,” Lula said. “I hope that never again in the history of Brazil will we see ourselves in the situation of breaking relations with another country, as happened with Venezuela.”

Lula invited a dozen South American leaders to gather in Brasilia on Tuesday in an effort to revive the Union of South American Nations (UNASUR), his previous effort at creating a regional economic and political collective. Lula was president of Brazil once before, and in 2008 he brought several other left-wing leaders and tyrants together to sign a cooperation treaty, including Maduro’s equally thuggish predecessor Hugo Chavez. 

UNASUR failed as more conservative governments were elected in the South American countries that still allow their people to vote, but Lula touted Tuesday’s summit as the first meeting a revived UNASUR has held in ten years.

Maduro celebrated last Tuesday as the 15th anniversary of the Union of South American Nations treaty, portraying it as a turning point in regional history. “On a day like today, Commander Hugo Chavez advocated for the creation of UNASUR, taking as a basis the idea of the great homeland that our liberator Simon Bolivar expressed,” he said.

Basket BRICS case ChinaLed Coalition Economic join Venezuela
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Panel Makes Case For Turbocharging American Innovation At Daily Caller Live Event

April 21, 2026

Democratic Trifecta States Choking Out Economic Competitiveness As Red States Thrive, Analysis Finds

April 15, 2026

Three-Headed Economic Monster Looms In Face Of American Consumers As Iran Conflict Rages, Midterms Approach

March 28, 2026

How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

February 18, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

FDA May Approve New Covid Boosters By Friday As Deaths Spike, Report Says

September 7, 2023

‘Toxic’ LA District Attorney George Gascón Has 10,000-case Backlog

May 24, 2023

Drug cartels use social media to recruit American teenagers to smuggle illegal aliens; police call it ‘Uber for the cartels’

October 9, 2023

ESPN’s Sam Ponder Praises Ex-UPenn Swimmer Paula Scanlon for Testimony on Trans Athletes

July 28, 2023
Don't Miss

Small Habits That Make A Big Difference

Lifestyle April 23, 2026

For many people, the daily drive is treated as a functional necessity rather than an…

States Stockpile Gold Bars To Hedge Against Inflation

April 23, 2026

Hilarious Sayings for a Happy Start to Summer

April 23, 2026

EXCLUSIVE: Biden-Era Rule Screws Over Top US Truck Maker As Diesel Plans Grind To A Halt

April 22, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,342)
  • Entertainment (4,220)
  • Finance (3,203)
  • Health (1,938)
  • Lifestyle (1,871)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Bond yields could race through 5%, market forecaster Jim Bianco warns

October 4, 2023

Teddi Mellencamp Claims She Had A One Night Stand With Matt Damon

April 19, 2023

‘It’s Not An Abuse’: Bill Barr Defends DOJ From Weaponization Charges After Trump Indictment

August 3, 2023
Popular Posts

Small Habits That Make A Big Difference

April 23, 2026

States Stockpile Gold Bars To Hedge Against Inflation

April 23, 2026

Hilarious Sayings for a Happy Start to Summer

April 23, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.