The 17th BRICS Summit concluded yesterday, attended by a delegation from the United Arab Emirates led by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi. During the summit,

Trump has threatened to impose 100% tariffs against the bloc if they take any moves to undermine the dollar. Last year, at the summit hosted by Russia in Kazan, the Kremlin sought to develop alternatives to U.S.-dominated payment systems which would allow it to dodge Western sanctions imposed after Russia’s invasion of Ukraine in February 2022

At their latest summit in Brazil, the BRICS nations once again portrayed themselves as an emerging geopolitical heavyweight. Yet the internal contradictions within this expanding group remain plain to see.

The 17th BRICS Summit called for UN Security Council reforms, advocating permanent membership for India and Brazil and greater representation for developing nations.

The Federal Government has taken a significant step in advancing its economic diplomacy in Brazil, as the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, participated in the Ogun State Investment Forum with the Brazilian business community.

Prime Minister Narendra Modi and Cuban President Miguel Diaz-Canel Bermudez on Sunday (July 6, 2025) discussed ways to bolster bilateral ties across key sectors such as pharmaceuticals, biotechnology, traditional medicine and digital public infrastructure during a meeting on the sidelines of the 17th BRICS Summit.

Prime Minister Narendra Modi returned to New Delhi on Thursday morning, concluding his five-nation tour that spanned from July 2 to 9.

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature and geopolitical risks remain lower than elsewhere.