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This Happened

This Happened — May 3: When Margaret Thatcher Was Elected For The First Time

Margaret Thatcher was elected Prime Minister of the United Kingdom on this day in 1979. She served as Prime Minister for 11 years, until her resignation in November 1990.

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What were Margaret Thatcher's key policies as Prime Minister?

As Prime Minister, Margaret Thatcher pursued a program of economic reform, including the privatization of state-owned industries, deregulation, and a focus on free-market economics. She also pursued a policy of reducing the power of trade unions and limiting their ability to strike.

What was the impact of Margaret Thatcher's policies?

Margaret Thatcher's policies had a significant impact on British society, both in the short term and the long term. They led to a period of economic growth, but also to social and economic inequality, and contributed to the decline of manufacturing industries in the UK.

What kind of leader was Margaret Thatcher?

Margaret Thatcher was known for her strong leadership style and her determination to implement her policies. She was a controversial figure, and her leadership style was often criticized for being divisive and authoritarian.

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Geopolitics

Why China Has Bet On A Bigger (And Nastier) BRICS To Challenge The West

The BRICS economies' inclusion of new members like Iran may not make business sense, but it fits with the Sino-Russian strategy of drawing states of the Global South into their orbit in open confrontation with the U.S. and the rest of the West.

Photo of Chinese President Xi Jinping and Iranian President Ebrahim Raisi

Chinese President Xi Jinping meets with Iranian President Ebrahim Raisi on the sidelines of the 15th BRICS Summit in South Africa

Marcelo Cantelmi

-Analysis-

BUENOS AIRES — Last month's summit in Johannesburg of BRICS nations (Brazil, Russia, India, China and South Africa), leading to a decision to expand the club, felt like geopolitical déjà vu. It recalled the 1960s Non-Aligned Movement (NAM) of Third World states that refused, apparently, to take sides in the Cold War, either with the capitalist West or Soviet-led communism.

NAM neutrality was limited, often deceptive, and became obsolete with the fall of the Communist bloc in the late 1980s. The dilemma of what was then called the Third World — now, the Global South — was in the stance it should take toward Russia, the successor state to the Soviet Union that shared few of its traits and goals. Ideologically, the end of communism confused NAM: It didn't know what to do with itself.

That is until now, with an apparent resuscitation of its spirit in BRICS (formed in 2009). Yet the idea of equidistance ends there, as BRICS is led by Russia and communist China and increasingly a part of their open challenge to Western hegemony.

Its founders include Brazil, which has its own agenda, and India. Both states have adopted their own versions of neutrality in the Ukrainian crisis, first in 2014 when Russia annexed Crimea from Ukraine,then after its full-scale invasion of Ukraine in Feb. 2022.

So far, says Oliver Stuenkel, a professor at Brazil's Getulio Vargas Foundation, the two states have resisted Russia's systematic bid to use an explicitly anti-Western vocabulary in BRICS documents. This, he says, would explain the vague tone of the group's resolutions.

South Africa, the last member to join the group (in 2010), is a lesser power in terms of economy and political clout. But it symbolizes the worldwide spirit the group would come to embody.

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