Hola MaHigh-School - August 2018

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Have not got enough of these international bodies? OPEC, EU, G20, AU and many more. What can another one add tour well-being? Is BRICS really different? Will it make a difference to me? OK, let us not get into the deeper history about BRICS. Let us look at what makes it interesting: Wiki says: “The BRICS members are known for their significant influence on regional affairs; all are members of G20. Since 2009, the BRICS nations have met annually at formal summits. In 2015, the five BRICS countries represent over 3.1 billion people, or about 41% of the world population; four out of five members (excluding South Africa at #24) are in the top 10 of the world by population. As of <strong>2018</strong>, these five nations have a combined nominal GDP of US$18.6 trillion, about 23.2% of the gross world product, combined GDP (PPP) of around US$40.55 trillion (32% of World’s GDP PPP) and an estimated US$4.46 trillion in combined foreign reserves. Overall the BRICS are forecasted to expand 4.6% in 2016, from an estimated growth of 3.9% in 2015. The World Bank expects BRICS growth to pick up to 5.3% in
2017. The BRICS have received both praise and criticism from numerous commentators. Bilateral relations among BRICS nations have mainly been conducted on the basis of non-interference, equality, and mutual benefit”. Let us peel a few facts here: 1/3 of the world economy and ½ of the world’s people. Which means the countries are not the wealthiest. It is even more: it is the major block in the southsouth sphere. Can they be said to be developing countries? Well, yes and no. Surely China and India are developing, but so are the others. Russia went through a turbulent time from 1991 (break-up of the Soviet Union) but increased its standard of living by some 300-800% (depending how we measure it). China is now the largest economy and combined with India’s the possibility of being the dominant block. So why do they need us? Where China is putting $41 billion into the BRICS bank, we must put in $5 billion, which we have difficulty in finding. If these are BRICs are we a briquette? There is one factor here: we do represent Africa as a continent and we do have the infra-structure which can match any other country. But maybe we should shape up our game a bit? Remember: Nigeria is now a bigger economy than South Africa.
Page 1: Hola MaHigh School Volume 7, issue
Page 5 and 6: Contents 24 The month of August 26
Page 7 and 8: Time for poems: Home run. I am comi
Page 9 and 10: Is it important? YES it is. Look wh
Page 11: HOLLER AT US Hola MaHigh-School The
Page 16 and 17: Voted in the top 10 of the most str
Page 18 and 19: Are you stressed? It is often glamo
Page 21 and 22: Gauteng, home to Africa’s economi
Page 23 and 24: also logistics nt, can mean hunger.
Page 25: in-between month Here is one day in
Page 29: atives, etc BRICS Contingent Reserv
Page 32 and 33: IT is crazy - Blue tooth Ever wonde
Page 34 and 35: Crazy Agricultural terms - an These
Page 36 and 37: IT IS ILLEGAL FOR ANYONE UNDER THE
Page 38 and 39: What? Cannot be? .. yes... and much
Page 40 and 41: A new word: Today we are learning a
Page 42 and 43: Gene editing As much as it is a gre
Page 44 and 45: Global warming: Cars melt in the su
Page 46: Next Issue September. Spring should

Hola MaHigh-School - August 2018

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