Although BRICS is obviously already represented in South America and South Asia by Brazil and India respectively, the accession of Uruguay and Bangladesh into the NDB allows the bank to act on a regional scale.
America may “be back” for most of the world, but for the Middle East the only thing it is “back” to, is Obama’s “soft power” touch in the region.
In 2020, Israel, supported by the United States, began a diplomatic offensive in the Arab world. The goal is evident: containing Iran. As U.S. author Eric Margolis writes, the countries that sign peace agreements with Israel, are “so frightened of neighboring Iran that they would happily have opted for Israeli rule rather than welcome the angry, unforgiving Iranians”.
It is a cruel irony that the US, Saudi Arabia, and the UAE, which are destroying Yemen, are the same countries that Yemen most relies on for humanitarian aid. Over the past two years, the Saudis, UAE, and US have all slashed aid to Yemen.