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US President Donald Trump announced a new deal with Pakistan to jointly develop massive oil reserves, suggested future exports to India and linked it with new tariffs and BRICS-related tensions.
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As New Delhi prepares to take over the presidency of BRICS next year, it needs to do some deft balancing act to make the expanded forum more inclusive, serving as a bridge to a fair and just world rather than an anti-West group
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China stated that BRICS is not a confrontational bloc and targets no nation, responding to Donald Trump’s threat to impose extra tariffs on countries supporting BRICS. China reiterated its stance on open cooperation and warned against protectionist trade practices
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President Donald Trump warned of an additional 10% tariff on countries aligning with BRICS’ “anti-American policies,” following criticism from the bloc. He also announced that tariff-related letters and trade deal notifications will be sent out starting July 7.
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The 126-paragraph statement by the leaders of 11 BRICS countries touched on a gamut of subjects from outer space to deep sea.
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Finance Minister Nirmala Sitharaman held key meetings with leaders from Russia, China, Indonesia, and Brazil during BRICS in Rio. Discussions focused on global cooperation, financial reforms, digital payments, climate finance, and boosting voices of developing nations
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The average tariff rate on all imports could spike seven times higher in 2025 under Trump. The United States has not seen an average tariff rate that high since the Great Depression era, say experts
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Phone conversation comes six days after EAM Jaishankar held separate meetings with US Secretary of State Marco Rubio and National Security Advisor Mike Waltz in Washington
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The 23rd India-Russia summit in New Delhi takes place when Moscow intends to rebalance global power
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Kazan Summit reflects the bloc’s aim to challenge West-driven financial hegemony by promoting a multipolar world order
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Trump’s threat to impose a 100% tariff on BRICS members should be treated as just a boastful rhetoric
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Summit is being seen as an attempt by non-Western powers to project their clout amid the conflict in Ukraine and the escalating situation in West Asia
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While the neutral stance has shielded India from immediate geopolitical fallout, the future will require tougher choices
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Azerbaijan's bid follows its expression of interest at the Shanghai Cooperation Organization summit in Astana in early July, as reported by Xinhua news agency. During the summit, Azerbaijan and China signed a Joint Declaration on Strategic Partnership, which included Azerbaijan's intention to join BRICS.
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Having confirmed the bronze medal after his quarterfinal victory over compatriot Jeeth Chandra, the State player faced Kirill Skachkov of Russia in the semifinal clash but was defeated 9-11, 8-11, 6-11, ultimately settling for bronze.
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Public-private collaboration can be more effective in tackling terrorist activities regardless of any form or size
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The probability of global instability and confusion cannot be set aside in the process of de-dollarisation
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The emergence of BRICS Plus signifies a movement towards economic freedom from the hegemonic domination of the West
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Jaishankar's visit, coinciding with Russia's BRICS presidency, explores collaborations in military systems, addressing delays in spare parts, and discussing geopolitical challenges and climate change impact on shipping routes
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BRICS does often act more as a geopolitical entity than an economic one, and the addition of newer members would aid in countering the Western clout