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

Rates a bit lower than last week

August 2, 2026

Nutcase James Talarico Tries to Suggest the Bible Requires the Passage of a Government-Run Healthcare System (VIDEO)

August 2, 2026

U.S.-Saudi Consortium Plans $5 Billion Oil Refinery Away from Strait of Hormuz

August 2, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Sunday, August 2
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Nutcase James Talarico Tries to Suggest the Bible Requires the Passage of a Government-Run Healthcare System (VIDEO)

    August 2, 2026

    President Trump Announces Perimeters of Peace Deal with Iran Has Been Agreed To – Halts All Planned US Airstrikes on Iran

    August 2, 2026

    ‘They Hate America and Jews, They Just Can’t Say it Out Loud’ (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 2, 2026

    ‘Anthony Fauci Had No Right to Invoke the Fifth Amendment After Receiving Immunity’ (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 2, 2026

    Democrats Hate ICE Because it’s Ruining Their ‘Long Term Plans’ (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 2, 2026
  • Health

    Medicare’s GLP-1 Bridge Demo Offers Access, But Isn’t Straightforward

    August 1, 2026

    Four In Five Toddler Foods Are Ultra-Processed, New Study Finds

    August 1, 2026

    Trump Administration Ends Program that Kept Medicare Premiums Down

    August 1, 2026

    A Medicare Drug Subsidy Is Ending—Here’s What Patients Should Know

    August 1, 2026

    Digital Health Funding Is Booming, Especially For Wearables

    August 1, 2026
  • World

    U.S.-Saudi Consortium Plans $5 Billion Oil Refinery Away from Strait of Hormuz

    August 2, 2026

    Marjorie Taylor Greene Marries Brian Glenn In Las Vegas

    August 2, 2026

    CBP Recruiting Push Delivers Highest Border Staffing, Lowest Migrant Arrests in Decades

    August 2, 2026

    Jon Stewart Reacts To Democratic National Committee Chaos Before Midterms

    August 2, 2026

    Fauci a ‘Lying Disgrace Who Should Be Prosecuted’

    August 2, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    Rates a bit lower than last week

    August 2, 2026

    Brookfield Infrastructure Partners Q2 Earnings Call Highlights

    August 2, 2026

    J.P. Morgan drops Fed rate bombshell over Warsh, inflation

    August 2, 2026

    Corn Closes July with Weakness

    August 2, 2026

    Lear Corporation Q2 2026 Earnings Call Summary

    August 2, 2026
  • Tech

    White House Uses Anti-ICE Rapper Bad Bunny’s Music for Deportation Montage

    August 2, 2026

    NewsGuard Backer Publicis Buying AdTech Company that Pitched Blacklists as ‘Anti-Racism’ Tool

    August 2, 2026

    China Eyes Limits on Foreign AI Access as America Weighs Its Own Restrictions

    August 1, 2026

    Silicon Valley Is Falling Out of Love with Anthropic AI

    August 1, 2026

    WSJ Reports That Tesla Wants to Divest China Operations to Facilitate SpaceX Merger, Elon Musk Calls It ‘Fake News’

    August 1, 2026
  • 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  Massive Federal Spending To Thank For Red-Hot Economic Growth, Experts Say

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  Rapper Fetty Wap Gets Six Year Sentence in Drug Dealing Case

“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

U.S.-Saudi Consortium Plans $5 Billion Oil Refinery Away from Strait of Hormuz

August 2, 2026

Marjorie Taylor Greene Marries Brian Glenn In Las Vegas

August 2, 2026

CBP Recruiting Push Delivers Highest Border Staffing, Lowest Migrant Arrests in Decades

August 2, 2026

Jon Stewart Reacts To Democratic National Committee Chaos Before Midterms

August 2, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Hilarious Humor for Your Best Friend

February 14, 2025

The Best Percentages to Withdraw From You Retirement Account, According to Edward Jones

August 15, 2023

Russian companies’ scaled-down IPOs in 2023

November 13, 2023

Ja’Marr Chase Voices Frustration with Bengals Struggles

October 2, 2023
Don't Miss

Rates a bit lower than last week

Finance August 2, 2026

According to rates from the Zillow lender marketplace, mortgage rates are a bit lower compared…

Nutcase James Talarico Tries to Suggest the Bible Requires the Passage of a Government-Run Healthcare System (VIDEO)

August 2, 2026

U.S.-Saudi Consortium Plans $5 Billion Oil Refinery Away from Strait of Hormuz

August 2, 2026

Sean Astin Sold Home After Low ‘Lord of the Rings’ Salary

August 2, 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 (4,399)
  • Entertainment (6,034)
  • Finance (4,431)
  • Health (2,643)
  • Lifestyle (1,904)
  • Politics (4,084)
  • Sports (4,994)
  • Tech (2,462)
  • Uncategorized (4)
  • World (6,079)
Our Picks

It’s the People Dems ‘Supposedly Care About Who Are Victims of Crime’ — I Want to Hear Dems Say, ‘Some People Belong in Jail’ 

February 17, 2023

$7M+ live gate crashes arena record, returning fighter bags bonus for TUF final performance, and more

August 20, 2023

Live Worm Found In Woman’s Brain Is Rare—But Common Deadly Parasites Already Plague Billions Of People

September 3, 2023
Popular Posts

Rates a bit lower than last week

August 2, 2026

Nutcase James Talarico Tries to Suggest the Bible Requires the Passage of a Government-Run Healthcare System (VIDEO)

August 2, 2026

U.S.-Saudi Consortium Plans $5 Billion Oil Refinery Away from Strait of Hormuz

August 2, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

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