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 references to “unilateralism” and other coded criticism are also relatively scarce. Rather, the communique keeps the focus on the BRICS’ vision of the strengthening and reform of the global multilateral system ...
Tag: Washington D.C
Related Posts
Letter From DC: Is Africa Holding Itself Back?
Whoo boy…We picked a doozy of a week to be in town. The overlapping reverberations from leadership fights within the Democratic Party, the assassination attempt on former President Donald Trump, and the announcement of JD Vance as his vice-presidential candidate are understandably focusing attention inwards.
U.S.-Philippine Talks Amid Rising China Tensions
The president of the Philippines, Ferdinand Marcos Jr., met with U.S. President Joe Biden on Monday amid rising tensions with China in the South China Sea/West Philippine Sea. Security cooperation topped the agenda in the form of shared defense guidelines and equipment, as ...
Chinese Military Construction Resumes in UAE: U.S. Intelligence
U.S. intelligence sources say construction has resumed on a suspected Chinese military facility in the United Arab Emirates, reports the Washington Post. The allegations form part of a recent leak of classified documents on the social media site Discord. The Discord leaks ...
New Boston University Report Challenges Chinese Debt Trap Meme That’s Still Popular With U.S. Government Officials
Researchers at Boston University's Global Development Policy Center did not mince words in a report published this week, in which they stated that "debt trap diplomacy is not a driver of Chinese lending and overseas development finance." For anyone who follows ...
Geopolitical Pressure Is Just One of the Global South’s Problems
I'm writing to you shortly after recording a podcast episode with the technology expert John Lee about the ramifications of the U.S.-China tech dispute for the rest of the world. That conversation will reach your inbox next week, but it made ...
Analysis from Cobus van Staden
First Signs of Progress on Debt at Spring Meetings, But Much Remains Unclear
There is cautious optimism at the World Bank and International Monetary Fund (IMF) spring meetings in Washington DC for progress on debt relief. Earlier this week, Reuters and other outlets reported that China could be willing to drop its demand that Multilateral Development Banks (MDBs) like the World Bank ...
China Willing to Compromise in Debt Stand-off With World Bank and Other International Creditors, Say Reports
Chinese negotiators are reportedly making progress in talks with other major international creditors to break the ongoing impasse that's blocking debt relief for a number of poor developing countries, particularly in Africa. Both the Wall Street Journal and Reuters quoted unnamed sources on ...
Chinese Analysts Warn New U.S., Philippines Security Plan Will Escalate Tensions in the Pacific
The United States and the Philippines agreed to a new long-term plan that will pave the way for a major increase in U.S. security assistance to the Southeast Asian country over the next five to ten years. The deal was ...
Debt Standoff At IMF, World Bank Spring Meetings
Finance ministers from around the world have descended on Washington DC for the World Bank and International Monetary Fund’s Spring Meetings. The Chinese government has confirmed that a top-level Chinese delegation will attend in person -- the first time since the COVID pandemic.
IMF, World Bank Losing Patience With China Over Debt Relief Standoff
China's ongoing stand-off with multilateral lenders over debt relief terms for developing countries will be a prominent issue at International Monetary Fund and World Bank's annual week-long gathering known as the Spring Meetings that get underway on Monday in Washington, D.C. ...
African Leaders to Kamala Harris: We’re Going to Work With Both the U.S. and China
U.S. Vice President Kamala Harris is back in Washington, D.C., after wrapping up a week-long, three-nation tour of sub-Saharan Africa over the weekend. Before she left, Harris held a press conference on Friday with President Haikinde Hichilema, where she gently prodded China ...
U.S. Analysts, Scholars Skeptical About the Benefits to Honduras From Ties With China
Honduran officials maintain that the decision to abandon ties with Taiwan in favor of China was an economic decision inspired by the hope of boosting Chinese trade and investment. But a number of U.S.-based scholars and analysts caution that those hopes ...