When it was announced in 2023 that the African Union would become a full member of the G20, I darkly joked on a podcast that the AU’s entry into the body could very well mark the moment the G20 lost its status as one of the most important global coordination forums. Mark my words, I said, soon The Economist will be like “Uhhh, the G20 is OVER – it’s the ...
Category: BRICS
BRICS Criticize Tariffs at Muted Online Summit
The leaders of the BRICS countries gathered online on Monday for a summit at the invitation of Brazil, the current leader of the bloc. The gathering saw some sharp criticism of U.S.-led trade disruptions, but the tone was more muted than last week’s Shanghai Cooperation Organization (SCO) ...
The Trump, Xi Foreign Policy Duel in Southeast Asia
Two sharply contrasting foreign policy visions emerged this week from China and the United States. In Beijing, President Xi Jinping outlined an agenda in talks with fellow BRICS leaders that directly challenged Donald Trump’s “America First” doctrine, urging instead for stronger ...
Indonesia Backs Xi’s Global Governance Initiative at BRICS Meet
Indonesian President Prabowo Subianto has thrown his support behind Chinese President Xi Jinping’s proposals at a BRICS virtual leaders’ meeting last night. The statement is aligning Southeast Asia’s largest economy more closely with Beijing’s call to defend multilateralism and reject ...
BRICS Leaders Denounce Protectionism, Tariff ‘Blackmail’
Leaders of the 11-member BRICS bloc railed against economic protectionism and "tariff blackmail" during a virtual meeting Monday held amid a damaging trade war with US President Donald Trump. The group of emerging economies met via videoconference at the initiative of ...
Xi Jinping to Address BRICS Online Summit on Tackling U.S. Tariffs
China confirmed President Xi Jinping will attend today’s BRICS leaders’ online summit, hosted by Brazil, and deliver a speech. The meeting reportedly will focus on U.S. tariff actions and the future of multilateral trade rules. Russia’s Vladimir Putin will ...
China Backs Malaysia’s BRICS Bid, Laos Reiterates Interest
China has pledged full support for Malaysia’s full membership into BRICS, while Laos has reaffirmed its interest in joining. The moves underline Southeast Asia’s growing engagement with the bloc, which has expanded its membership in recent years. ...
Trump Threatens To “End” the BRICS if it Ever Challenges U.S. Dominance
U.S. President Donald Trump took aim again at the BRICS group, threatening to "end" the bloc if it took measures that challenged the current supremacy of the U.S. dollar in international trade. "When I heard about this group from BRICS, six ...
BRICS Announces Numerous New Initiatives
The BRICS group wrapped up its two-day leaders’ summit in Rio de Janeiro on Monday. The summit’s final communique is a 16,000-word doorstop that covers numerous issues from economics to education. The communique avoids any direct mention of the United States, and ...
Li Qiang’s Low-Key Diplomatic Schedule at the BRICS Summit
Chinese Premier Li Qiang maintained a relatively low profile at this weekend's BRICS summit in Brazil, where he avoided the usual "speed-dating style diplomacy" they engage in when attending these kinds of gatherings. Instead, Li met on Saturday with his ...
Why Was Xi a No Show at BRICS?
There's been a lot of speculation as to why Chinese President Xi Jinping opted to stay home from a BRICS summit for the first time and instead sent Chinese Premier Li Qiang in his place. Some suggested that it was because
China Says BRICS Not Seeking ‘Confrontation’ After Trump Tariff Threat
China said on Monday that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking "confrontation" after U.S. President Donald Trump vowed to impose an extra 10 percent tariff on countries aligning with the bloc. "Regarding the imposition ...
BRICS Nations Slam Trump Tariffs, Condemn Strikes on Iran
By Facundo Fernández Barrio BRICS leaders at a summit on Sunday took aim at U.S. President Donald Trump's "indiscriminate" import tariffs and recent Israeli-U.S. strikes on Iran. The 11 emerging nations -- including Brazil, Russia, ...