According
to IMF's April 2026 outlook, the expanded BRICS bloc—now including Egypt,
Ethiopia, Iran, the UAE, and Indonesia—reached this milestone, driven largely
by China's manufacturing strength. The original five members crossed the
threshold around 2020, though the G7 still leads in nominal U.S. dollar terms.
India's chairship for the September 12-13 New
Delhi summit focuses on resilience, innovation, cooperation, and sustainability,
with events across over 25 cities highlighting the nation's diversity. Online
discussions blend celebration of emerging powers' growth with questions on
population, unity, and what might have kept the G7 ahead.
