-
Netflix to buy Warner Bros. in deal of the decade
-
US sanctions equate us with drug traffickers: ICC dep. prosecutor
-
Migration and crime fears loom over Chile's presidential runoff
-
French officer charged after police fracture woman's skull
-
Fresh data show US consumers still strained by inflation
-
Eurovision reels from boycotts over Israel
-
Trump takes centre stage as 2026 World Cup draw takes place
-
Trump all smiles as he wins FIFA's new peace prize
-
US panel votes to end recommending all newborns receive hepatitis B vaccine
-
Title favourite Norris reflects on 'positive' Abu Dhabi practice
-
Stocks consolidate as US inflation worries undermine Fed rate hopes
-
Volcanic eruptions may have brought Black Death to Europe
-
Arsenal the ultimate test for in-form Villa, says Emery
-
Emotions high, hope alive after Nigerian school abduction
-
Another original Hermes Birkin bag sells for $2.86 mn
-
11 million flock to Notre-Dame in year since rising from devastating fire
-
Gymnast Nemour lifts lid on 'humiliation, tears' on way to Olympic gold
-
Lebanon president says country does not want war with Israel
-
France takes anti-drone measures after flight over nuclear sub base
-
Signing up to DR Congo peace is one thing, delivery another
-
'Amazing' figurines find in Egyptian tomb solves mystery
-
Palestinians say Israeli army killed man in occupied West Bank
-
McLaren will make 'practical' call on team orders in Abu Dhabi, says boss Brown
-
Norris completes Abu Dhabi practice 'double top' to boost title bid
-
Chiba leads Liu at skating's Grand Prix Final
-
Meta partners with news outlets to expand AI content
-
Mainoo 'being ruined' at Man Utd: Scholes
-
Guardiola says broadcasters owe him wine after nine-goal thriller
-
Netflix to buy Warner Bros. Discovery in deal of the decade
-
French stars Moefana and Atonio return for Champions Cup
-
Penguins queue in Paris zoo for their bird flu jabs
-
Netflix to buy Warner Bros. Discovery for nearly $83 billion
-
Sri Lanka issues fresh landslide warnings as toll nears 500
-
Root says England still 'well and truly' in second Ashes Test
-
Chelsea's Maresca says rotation unavoidable
-
Italian president urges Olympic truce at Milan-Cortina torch ceremony
-
Norris edges Verstappen in opening practice for season-ending Abu Dhabi GP
-
Australia race clear of England to seize control of second Ashes Test
-
Trump strategy shifts from global role and vows 'resistance' in Europe
-
Turkey orders arrest of 29 footballers in betting scandal
-
EU hits X with 120-mn-euro fine, risking Trump ire
-
Arsenal's Merino has earned striking role: Arteta
-
Putin offers India 'uninterrupted' oil in summit talks with Modi
-
New Trump strategy vows shift from global role to regional
-
World Athletics ditches long jump take-off zone reform
-
French town offers 1,000-euro birth bonuses to save local clinic
-
After wins abroad, Syria leader must gain trust at home
-
Slot spots 'positive' signs at struggling Liverpool
-
Eyes of football world on 2026 World Cup draw with Trump centre stage
-
South Africa rugby coach Erasmus extends contract until 2031
| RBGPF | 0% | 78.35 | $ | |
| CMSC | -0.26% | 23.42 | $ | |
| BCC | -0.69% | 73.75 | $ | |
| RIO | -0.85% | 73.11 | $ | |
| RYCEF | -0.96% | 14.51 | $ | |
| NGG | -0.62% | 75.44 | $ | |
| GSK | -0.56% | 48.3 | $ | |
| RELX | -0.31% | 40.415 | $ | |
| JRI | 0.22% | 13.78 | $ | |
| SCS | -0.4% | 16.165 | $ | |
| BCE | 1.15% | 23.49 | $ | |
| AZN | 0.39% | 90.383 | $ | |
| BTI | -1.48% | 57.195 | $ | |
| VOD | -1.23% | 12.48 | $ | |
| BP | -3.03% | 36.135 | $ | |
| CMSD | -0.32% | 23.245 | $ |
Rio to host BRICS summit wary of Trump
A summit of BRICS nations will convene in Rio de Janeiro on Sunday and Monday, with members hoping to weigh in on global crises while tiptoeing around US President Donald Trump's policies.
The city, with beefed-up security, will play host to leaders and diplomats from 11 emerging economies including China, India, Russia and South Africa, which represent nearly half of the world's population and 40 percent of its GDP.
Brazil's left-wing President Luiz Inacio Lula da Silva will have to navigate the absence of Chinese President Xi Jinping, who will miss the summit for the first time.
Beijing will instead be represented by its Prime Minister Li Qiang.
Russian leader Vladimir Putin, who is facing a pending International Criminal Court (ICC) arrest warrant, will not travel to Brazil, but is set to participate via video link, according to the Kremlin.
Iran's President Masoud Pezeshkian, fresh from a 12-day conflict with Israel and a skirmish with the United States, will also be absent, as will his Egyptian counterpart Abdel Fattah al-Sissi, a Brazilian government source told AFP.
Tensions in the Middle East, including Israel's ongoing war in Gaza, will weigh on the summit, as well as the grim anticipation of tariffs threatened by Trump due next week.
- 'Cautious' -
"We're anticipating a summit with a cautious tone: it will be difficult to mention the United States by name in the final declaration," Marta Fernandez, director of the BRICS Policy Center at Rio's Pontifical Catholic University told AFP.
China, for example, "is trying to adopt a restrained position on the Middle East", Fernandez said, pointing out that Beijing was also in tricky tariff negotiations with Washington.
"This doesn't seem to be the right time to provoke further friction" between the world's two leading economies, the researcher said.
BRICS members did not issue a strong statement on the Iran-Israel conflict and subsequent US military strikes due to their "diverging" interests, according to Oliver Stuenkel, an international relations professor at the Getulio Vargas Foundation.
Brazil nevertheless hopes that countries can take a common stand at the summit, including on the most sensitive issues.
"BRICS (countries), throughout their history, have managed to speak with one voice on major international issues, and there's no reason why that shouldn't be the case this time on the subject of the Middle East," Brazil's Foreign Minister Mauro Vieira told AFP.
- 'Multilateralism' -
However, talks on finding an alternative to the dollar for trade between BRICS members are likely dead in the water.
For Fernandez, it is almost "forbidden" to mention the idea within the group since Trump threatened to impose 100 percent tariffs on countries that challenge the dollar's international dominance.
Brazil, which in 2030 will host the COP30 UN climate conference, also hopes to find unity on the fight against climate change.
Artificial intelligence and global governance reform will also be on the menu.
"The escalation of the Middle East conflict reinforces the urgency of the debate on the need to reform global governance and strengthen multilateralism," said foreign minister Vieira.
Since 2023, Saudi Arabia, Egypt, the United Arab Emirates, Ethiopia, Iran and Indonesia have joined the BRICS, formed in 2009 as a counter-balance to leading Western economies.
But, as Fernandez points out, this expansion "makes it all the more difficult to build a strong consensus."
L.Henrique--PC