World leaders' failure to stop Israel from killing Palestinians in Gaza may bolster Lula's case for UNSC reforms, experts say.
World leaders' failure to stop Israel from killing Palestinians in Gaza may bolster Lula's case for UNSC reforms, experts say.
Marina Pontes, a political analyst at Prospectiva Public Affairs Latam, says Brazil has previously sought to occupy this space in the. Amid the UN's foundation in 1945, she describes a campaign from Brazil to become the sixth member of the Security Council. According to Pontes,"The current issue is that the UN has been discredited, and there are doubts whether the organisation can effectively address the issues it was created for."Amid the high death toll of Women and Children in the besieged Palestinian enclave, Brazil's leader described widespread"hypocrisy", adding,"We cannot accept what is happening in Gaza, and we cannot accept the war in Ukraine.
Emerging nations would bring more diverse perspectives to high-profile discussions, which are more representative of the population and global GDP, she says. Initially, the G20, an intergovernmental forum that today accounts for around 80% of GDP worldwide, focused on broad macroeconomic matters. It has since expanded its remit to include trade, sustainable development, health, agriculture, energy and environment.
The New Development Bank , previously the BRICS Bank,"Although still modest in terms of resources, has been presenting itself as an alternative for countries to negotiate with traditional financial institutions. For countries of the Global South, it means relief from the pressures of the IMF and World Bank," Reis da Silva says.In 2023, while visiting China, Lula signalled his intent to steer commerce away from USD dependence in global trade, questioning the reliance on the currency.
Regarding BRICS, the drive is more of a"direct political consequence, as China and Russia, countries more prone to Western sanctions, could bypass this mechanism by not adopting the dollar in their international transactions," says Pontes.
By incorporating environmental issues, Brazil fosters a global interest and ties itself to the policies of Global South nations, Reis da Silva says. According to Reis da Silva,"Brazil's role in the Lula government, within the G20, has proven to be a great opportunity to serve as a bridge and mediator between the interests of rich and poor countries, between the North and the Global South."More broadly, some experts are beginning to question whether the world order is starting to shift.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Live blog: Brazil's Lula slams Israel on Gaza war, says UN failedIsrael's war on Gaza — now in its 132nd day — has killed at least 28,663 Palestinians and wounded 68,395 others, as the army forces thousands of Palestinians who were seeking refuge in Nasser Hospital to leave.
Read more »
Rio declares dengue emergency as Brazil gears up for CarnivalRio de Janeiro has declared a state of public health emergency due to an epidemic of dengue fever, just days before Carnival celebrations are set to take place across Brazil.
Read more »
Meet the Masterman junior who just represented Brazil in the Youth OlympicsLucas Koo, 17, loves K-pop and going really fast on the ice. He just represented Brazil in short-track speedskating at the Winter Youth Olympic Games, and has Olympic dreams.
Read more »
Hochschild Mining to expand in Brazil with gold project optionNo 1 source of global mining news and opinion
Read more »
Global Crisis: Groundwater Levels Are Sinking Ever Faster Around the WorldScience, Space and Technology News 2024
Read more »
Earth Just Experienced 12 Months Of Global Temperatures Above Critical 1.5C Climate ThresholdI am a Breaking News Reporter at Forbes, with a focus on covering important tech policy and business news. Graduated from Columbia University with an MA in Business and Economics Journalism in 2019. Worked as a journalist in New Delhi, India from 2014 to 2018.
Read more »