South Africa joined The BRIC? Aren't they then the only one who voted yes on Libya.
--------BRICS Summit 2011: Why Americans Shouldn’t Fear this New “Superpower”http://blogs.forbes.com/kenrapoza/2011/04/13/brics-summit-2011-why-americans-shouldnt-fear-this-new-superpower/
Apr. 13 2011
All he’s missing is that ridiculous Monica Lewinsky scandal-error siren. On Wednesday, Matt Drudge’s Drudge Report had the 2011 BRICS Summit meeting as his lead story mid-afternoon. It warned: “Rise of New World Power (Without US).”
While leaders of Brazil, Russia, India, China and South Africa meet in a south China resort town to discuss global political and economic affairs Thursday, many Americans are thanking their lucky stars for these new economic powerhouses. As the people in these countries get richer, it brings good news and bad news to Americans. First the good news, says Larry Harding, president of High Street Partners, a consulting firm for companies with overseas operations.
“For every bit of fear Americans have about these countries, and that fear is understandable, they should have wide-eyed enthusiasm. Because the growth of these markets is creating enormous opportunities for US companies that are building support services and products for those markets, right here at home,” he says.
In economics, BRICS is a grouping acronym that refers to the founding member countries Brazil, Russia, India, China. In 2011, South Africa joined as a full member, after having been invited as a guest to the 2010 summit. The founding members in particular, and South Africa's latest addition, are all deemed to be at a similar stage of emerging market status due to its economic development. It is typically rendered as "the BRICS" or "the BRICS countries" or alternatively as the "Big Five."
On April 13, 2011 the 'S' was formally added to BRIC to form BRICS with the admission of South Africa into the union