US EditionCommentary: BRICS Is Sliding Towards Irrelevance
STATE OF RIO DE JANEIRO, BRAZIL, JUL 09 – BRICS nations discussed a common currency to challenge the US dollar and addressed geopolitical conflicts, but internal rivalries and trade dependencies limit progress, experts say.
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Signs of the Times
Orinoco TribuneLet the Sunshine In - What BRICS in Rio Really Delivered
RIO DE JANEIRO - Hats off, once again, to the stunning unpredictability of the Angel of History. Just when we thought we are doomed as a new, long dark cloud is coming down - see the current convulsions of the Empire of Chaos - a glimmer of hope pierces the horizon. Against all odds, the BRICS 2025 summit in Rio did deliver. Expectations were low - considering the Brazilian presidency (their priority for the year has always been the COP-30 in th…
Xi Jinping has been absent from a BRICS summit for the first time – and at a time when India has been thrust into the spotlight in Brazil. The Chinese president’s absence may indicate not only Beijing’s internal crises but also the erosion of BRICS, while Lula and Modi’s gestures may signal the beginnings of a new geopolitical balance – perhaps to Washington’s delight.
Without the presence of Vladimir Putin and Xi Jinping, the BRICS summit (the acronym referring to Brazil, Russia, India, China and South Africa, the founding countries) held in Rio de Janeiro on 6 and 7 July was much less ostentatious than the previous one, held in Kazan, Russia. If that summit focused on the desire for a new global order, it drifted towards pragmatism. The final, arduously consensual declaration stresses that the global South c…
Bricks, Brazil and beyond: Has BRICS reached a political plateau? - The Financial Daily
The BRICS summit recently held in Rio de Janeiro marks a pivotal moment in the evolution of a bloc that now includes 11 countries spanning four continents, representing 40% of the global population and nearly a third of the world’s GDP. Under Brazil’s presidency, the summit echoed familiar calls-to reform the global financial architecture, de-dollarize trade, and reorient development priorities toward the Global South. But beyond the high-soundi…
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