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Brics

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Brazil’s October Election: A Global Crossroads in a Statistical Dead Heat
international-politics11 days ago

Brazil’s October Election: A Global Crossroads in a Statistical Dead Heat

Brazil’s October 4 presidential election remains a statistical tie between incumbent Luiz Inácio Lula da Silva and Flávio Bolsonaro, with polls showing a margin of error that obscures a clear winner. The contest extends beyond domestic politics, potentially reshaping Brazil’s role in global alliances like BRICS and its relationship with the United States. High voter rejection rates for both candidates and deepening distrust in electoral integrity, particularly among right-wing voters, underscore the polarized nature of the race. A victory for Flávio Bolsonaro could align Brazil more closely with US-led initiatives, while Lula’s continued leadership would maintain Brazil’s multilateral stance, though both candidates face significant public disapproval.

China Dominates BRICS Trade Network, Accounting for 75% of Intra-Bloc Value
economy14 days ago

China Dominates BRICS Trade Network, Accounting for 75% of Intra-Bloc Value

2025 data reveals that intra-BRICS trade is heavily concentrated in China, which accounts for roughly three-quarters of all bilateral trade value within the bloc. While China exports $523 billion to other members, the remaining nine members trade only $294 billion among themselves, highlighting a lopsided economic structure despite the group's push for multipolarity.

BRICS in Delhi: Xi Jinping Health Rumors Spark After Modi’s ‘Is it okay?’ Moment
world23 days ago

BRICS in Delhi: Xi Jinping Health Rumors Spark After Modi’s ‘Is it okay?’ Moment

At the BRICS summit in New Delhi, Modi paused to ask Xi Jinping, “Is it okay?”, and Xi’s absence from the dinner fueled health-speculation. There is no official confirmation of any illness; unverified claims circulated by commentators, including a supposed cerebellar-atrophy diagnosis. Xi attended the opening and a bilateral with Modi, amid efforts to reset ties after border clashes.

Beijing nudges into the middle with Iran talks as Beijing aims mediation
world24 days ago

Beijing nudges into the middle with Iran talks as Beijing aims mediation

Iran’s foreign minister Abbas Araghchi travels to Beijing for talks with Wang Yi as Tehran presses its diplomacy amid the US-Israel war on Iran; Xi promotes BRICS as potential mediators and a four‑point plan for de‑escalation focused on sovereignty, international law, peaceful coexistence, and balanced development and security. Analysts caution China typically avoids deep involvement in third‑party conflicts, but the talks are expected to cover Iran’s nuclear program amid IAEA actions and ongoing sanctions, with China remaining a top buyer of Iranian oil and keen to protect its interests.

China rejects AI slowdown calls, pushes for governance and security acceleration
world26 days ago

China rejects AI slowdown calls, pushes for governance and security acceleration

China’s Foreign Ministry dismissed U.S. AI executives’ calls to slow down development as fear-mongering, urging that slowing could disrupt global AI governance. Chinese officials advocate accelerating AI security risk prevention and collaboration at BRICS, while warning that the AI race remains a key battleground in tech competition with the United States. The stance comes amid stock reactions to the debate, with figures like Amodei and Trump weighing in on competitiveness and national security.

Xi outlines China-led BRICS push to boost AI collaboration for developing nations
world26 days ago

Xi outlines China-led BRICS push to boost AI collaboration for developing nations

At the BRICS summit, Xi Jinping pledges a China-led effort to foster AI collaboration and development among developing countries, including creating a BRICS AI open-source community, a BRICS digital ecosystem cloud platform, digital-skills training, technological exchange and industrial alignment, and establishing a BRICS engineer-cultivation alliance and a youth exchange program for science and tech innovation, as AI growth accelerates and safety debates loom in the background.

world26 days ago

China Unveils Five-Point BRICS Plan to Strengthen Global South Unity

At the 18th BRICS Summit in New Delhi, Xi Jinping outlined five initiatives—open‑source AI, a BRICS special economic zone, a BRICS digital ecosystem, intelligent manufacturing cooperation, and a BRICS engineer talent alliance—to boost global South cooperation, trade, and technology, while urging reform of global institutions, adherence to international law, and a people‑centred, sustainable development path under multilateralism to shape a more multipolar world.

BRICS 2026 Delhi Summit signals cautious shift toward multipolar order amid Middle East and Ukraine tensions
world27 days ago

BRICS 2026 Delhi Summit signals cautious shift toward multipolar order amid Middle East and Ukraine tensions

At the Delhi BRICS summit, leaders approved the New Delhi Declaration urging restraint in the Middle East and a political settlement for Ukraine without naming parties, criticized unilateral tariffs, and reinforced a push toward multipolarity and greater Global South influence. The statement supports Palestinian statehood and calls for inclusive reforms of global governance, while acknowledging the bloc’s internal tensions over Iran-UAE and the Russia-Ukraine war. India’s diplomacy helped secure a consensus among 11 members, signaling a cautious yet tangible move to shape a more balanced international order.

Iran and UAE back BRICS restraint call at Delhi summit amid West Asia tensions
world-news27 days ago

Iran and UAE back BRICS restraint call at Delhi summit amid West Asia tensions

At the BRICS summit in New Delhi, Iranian President Masoud Pezeshkian met UAE Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan; both backed a joint BRICS declaration urging maximum restraint in the West Asia war, signaling a possible thaw in Iran–UAE ties and highlighting BRICS’ push for dialogue, civilian protection, and stable trade and energy flows amid ongoing regional tensions.

Brics Summit Tests Unity as Iran War Reshapes Ties
world27 days ago

Brics Summit Tests Unity as Iran War Reshapes Ties

At the Delhi BRICS summit, Modi framed the group as 'rule-shapers' rather than anti-Western, drawing Xi, Putin and Iran’s president into talks. The gathering highlighted rebalancing alliances amid the Iran war, with India aiming for strategic autonomy while avoiding a direct confrontation with Russia or the West. The New Delhi Declaration itself was cautious: it urged maximum restraint in the Middle East, condemned attacks on civilians and infrastructure without naming any country, and steered clear of criticizing Russia’s Ukraine war or naming unilateral sanctions. Beyond the declaration, the summit facilitated important bilateral meetings (notably Iran–Abu Dhabi talks and improved China-India engagement) and underscored Brics as a platform to explore economic ties and simpler cross-border trade, even as consensus on a concrete new global order remains elusive.

BRICS urge restraint as Middle East war tests bloc cohesion
world27 days ago

BRICS urge restraint as Middle East war tests bloc cohesion

At the New Delhi BRICS summit, leaders unanimously adopted a declaration expressing deep concern over the Middle East escalation and urging maximum restraint, a multilateral, dialogue-first approach, and opposition to unilateral sanctions. The statement, referencing the need to protect civilian infrastructure and nuclear safety, also touches on expanding trade in national currencies and broader UN Security Council representation as the bloc seeks greater influence among developing nations. Attendees included Putin, Xi, and Iran’s Pezeshkian.

BRICS clinches a cautious joint declaration after India bridged Iran-UAE rift
world27 days ago

BRICS clinches a cautious joint declaration after India bridged Iran-UAE rift

BRICS members reached a consensus on a 140-paragraph joint declaration at the New Delhi summit after protracted talks that bridged a sharp Iran-UAE split. The declaration condemns terrorism (including the Pahalgam attack), calls for maximum restraint, upholds nuclear safeguards under IAEA, and emphasizes dialogue, sovereignty, and regional stability, while urging UN Security Council reform and continued support for trade and energy flows amid West Asia tensions and Gaza violence.

BRICS summit in Delhi calls for resilient global trade, energy and supply chains
world28 days ago

BRICS summit in Delhi calls for resilient global trade, energy and supply chains

At the Delhi summit, BRICS nations unanimously adopted a joint declaration to keep global trade, supply chains and energy flowing smoothly, even as Middle East and Ukraine tensions threaten energy and shipping. Leaders discussed expanding non-Western cross-border payment channels and AI cooperation, with Modi hosting and Xi, Putin and Pezeshkian in attendance, signaling a push to empower the Global South amid tariff frictions and geopolitical shifts.