Panama announces BRICs exit

[ArmyHound]

Panama announces exit from China's Belt and Road initiative (BRICs)

Secretary of State Marco Rubio suggested in a meeting with Panamanian President José Raúl Mulino on Sunday that the administration of President Donald Trump may move to seize the Panama Canal on the grounds that the Panamanian government has violated the agreement that gives the country control over the waterway.


https://x.com/SecRubio/status/1886140933638430788

[Immortalis]

Oh look, in less than two weeks they went from "China doesn't have any influence in our country" to "Yeah, they do but we will do whatever we want" to "Please can we talk?" and finally to "President Trump, you are rightm we're putting a stop to it".

Who would've thunk it?

[Rumpelcrutchskin]

Trump probably threatened to invade them if they didn`t comply.

[THE LORD]

Panama is not in BRICS. I don't recall them saying they want to join BRICS.

[ArmyHound]

İlk olarak Rumpelcrutchskin tarafından gönderildi:

Trump probably threatened to invade them if they didn`t comply.

I'm certain that was on the table and for good cause but an economic deal was able to be brokered.

[ArmyHound]

İlk olarak THE LORD tarafından gönderildi:

Panama is not in BRICS. I don't recall them saying they want to join BRICS.

They have decided against it.

[Aluvard]

Belt and Road Initiative is not BRICS.

[Amuro0079]

The OP is confusing BRI with BRICS. Italy also withdrawn from BRI under US pressure last year.

[THE LORD]

İlk olarak ArmyHound tarafından gönderildi:

İlk olarak THE LORD tarafından gönderildi:

Panama is not in BRICS. I don't recall them saying they want to join BRICS.

They have decided against it.

They never said anything about BRICS. You must have confused it with BRI.

[bAd a!m]

İlk olarak ArmyHound tarafından gönderildi:

Panama announces exit from China's Belt and Road initiative (BRICs)

Secretary of State Marco Rubio suggested in a meeting with Panamanian President José Raúl Mulino on Sunday that the administration of President Donald Trump may move to seize the Panama Canal on the grounds that the Panamanian government has violated the agreement that gives the country control over the waterway.


https://x.com/SecRubio/status/1886140933638430788

How are they planning to exit something they're not part of?

This dystopia is not dissapointing.

---

In other news, I'm resigning as CEO of valve.

(I am not the CEO)

(but I am quitting)

(makes sense)

[Ray Rook]

İlk olarak Rumpelcrutchskin tarafından gönderildi:

Trump probably threatened to invade them if they didn`t comply.

We should! They've been allowing a passive war against us for decades. Take Panama and put the wall on that much shorter border.

I love Mexico and other Central American countries. This isn't a tough decision. You want to live here? Just be what here is.

[ArmyHound]

BRICs and BRI are the same type of trade program with different membership. They are both about increasing China's economic footprint.

[Amuro0079]

İlk olarak ArmyHound tarafından gönderildi:

BRICs and BRI are the same type of trade program with different membership. They are both about increasing China's economic footprint.

Not exactly the same. One is a trade bloc the other is a strategic program. BRIC (originally without South Africa) was coined by Goldman Sachs in 2001 referring to the 4 biggest emerging economies, it's not just about China.

[joco]

İlk olarak Amuro0079 tarafından gönderildi:

İlk olarak ArmyHound tarafından gönderildi:

BRICs and BRI are the same type of trade program with different membership. They are both about increasing China's economic footprint.

Not exactly the same. One is a trade bloc the other is a strategic program. BRIC (originally without South Africa) was coined by Goldman Sec in 2001 referring to the 4 biggest emerging economies, it's not just about China.

They both have the same goal to increase China's economic foot print. It's understandable to link them together.

[Amuro0079]

İlk olarak joco tarafından gönderildi:

İlk olarak Amuro0079 tarafından gönderildi:

Not exactly the same. One is a trade bloc the other is a strategic program. BRIC (originally without South Africa) was coined by Goldman Sec in 2001 referring to the 4 biggest emerging economies, it's not just about China.

They both have the same goal to increase China's economic foot print. It's understandable to link them together.

But it really is not. If it is, then BRICS is no different than the G7 where one country calls all the shots. BRICS pushes for multipolar.