BRIC stands for Brazil, Russia, India, and China, four nations with rapid economic growth. The Big Four or the BRICs are other names for this group of nations. The four countries of BRIC (Brazil, Russia, India, and China) are collectively referred to by this name. Jim O’Neill originally used the term in 2001. It was […]
As the name implies, the Caribbean Community (also referred to as CARICOM) is a group of Caribbean countries and dependencies that work together to coordinate economic policies, participate in development planning, launch special projects aimed at developing countries, and resolve trade disputes within the region. As a result of the Treaty of Chaguaramas, CARICOM was
Previously, the Commonwealth of Nations was referred to as the British Commonwealth, a 54-nation humanitarian alliance. the establishment of free and democratic societies and peace and prosperity to better the lives of all the people of the Commonwealth, the organization is known as The Commonwealth. A different and distinct international organization, the Commonwealth of Independent
The intergovernmental organization of post-Soviet republics in Eurasia is known as the Commonwealth of Independent States (CIS). The CIS encourages economic, military, and political cohesion among its citizens. The group has considerable influence in commerce, banking, security, and even lawmaking. It is commonly (and unsurprisingly) mistaken with the Commonwealth of Nations, a comparable organization of
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Colonization happens when a nation or territory is taken over by another and ruled by its government instead of the one it had before. There was a time when British monarch George III was in charge of the colonial American colonies, even though indigenous peoples had lived in North America for thousands of years before
Former British Empire territories that joined together to create the Commonwealth of Nations are known as the Commonwealth. 54 countries from Africa, Asia, Europe, and the Pacific region make up the Commonwealth. Over 2.4 billion people call the member nations home. Because of its members’ self-governance and the fact that they were all former British
193 member nations and two permanent non-member observer states (Palestine and the Vatican City/Holy See) comprise the United Nations, the world’s biggest intergovernmental organization. The United Nations General Assembly features equal representation for all of its members. In the wake of World War II, the United Nations was established in 1945. Its primary goals are
Democratic socialism is a socialist economic system in which the people hold the country’s wealth and production, but the government is democratically elected. The purpose of democratic socialism is to create social equality while rejecting socialist ideology. The Soviet economic model, command economy, and authoritarian administration are antithetical to democratic socialism. Private property rights are
The United Nations, or UN, is a global organization dedicated to preserving international harmony and cooperation among its member states. United Nations (UN) is the world’s biggest and most powerful international body. On June 26, 1945, the United Nations Charter was ratified. Later that year, on October 24, the charter entered into force. Initially, there
Fund for Peace and Foreign Policy publishes the Fragile States Index, which ranks countries based on their level of instability. Since 2005, this report has been produced once a year. The major goal of this analysis is to determine the degree to which the sovereign states of the United States are vulnerable. All UN member