At the end of August, South Africa hosted a meeting of the BRICS nations (Brazil, Russia, India, China, and South Africa). Also present were several other nations, six of which will officially become part of the BRICS group in January 2024: Argentina, Ethiopia, Iran, Saudi Arabia, Egypt, and the United Arab Emirates. This new group is particularly interesting because Iran and Saudi Arabia have been enemies for quite some time, but China has brokered a peace between them—at least for now.