All articles tagged with #brics
South Africa's hosting of military drills with China, Iran, and Russia amid geopolitical tensions could further strain its already fragile relationship with the US, highlighting the country's balancing act between major global powers and its economic and diplomatic interests.
The article argues that the US invasion of Venezuela is primarily driven by the desire to protect the US dollar's dominance through the petrodollar system, which is under threat as Venezuela and other countries move away from dollar-based oil transactions and join de-dollarization efforts with BRICS. Historically, challenges to the petrodollar have led to regime changes, and the current invasion is seen as a last-ditch effort to maintain US economic hegemony through violence and control of strategic resources. The article suggests this may accelerate global de-dollarization and weaken US influence.
BRICS nations are holding talks to counter US protectionism amid global political and economic tensions, with discussions covering issues from trade, military support, and regional conflicts to technological advancements and geopolitical strategies.
The article discusses how Trump's tariffs and diplomatic tensions are strengthening the BRICS alliance, with India, China, and Russia deepening their economic and strategic ties as a counterbalance to US influence, while India navigates its complex relationships amid economic challenges and opportunities.
Russian President Vladimir Putin expressed strong support for expanding the BRICS grouping as a counterbalance to Western sanctions and called for reforms in global financial institutions to promote fairness and development for emerging economies, emphasizing closer cooperation with China and efforts to prioritize the Global South at the SCO summit.
The article discusses how Trump's tariffs are causing a realignment of global alliances, especially among the global south, with countries like Brazil, India, and China seeking to bypass US economic dominance and form new partnerships, potentially leading to a shift in global power dynamics and the weakening of US influence.
The article discusses how Trump's tariffs have unintentionally strengthened BRICS by uniting its members against US influence, leading to increased intra-BRICS trade, efforts to dedollarize, and closer strategic ties, despite internal divergences and external pressures.
Chinese President Xi Jinping is hosting a major SCO summit in Tianjin with over 20 world leaders, including Putin and Modi, to showcase Global South solidarity and counter Western influence, amid efforts to improve India-China relations and expand the bloc's influence, despite limited cooperation outcomes.
The article discusses the shifting geopolitical landscape involving India, Pakistan, and the US, highlighting India's move closer to BRICS amid US tariffs and tensions, Pakistan's historical alliance with the US and its economic challenges, and the broader implications for global power dynamics, especially with China's growing influence and the potential strengthening of BRICS as a counterbalance to US dominance.
Brazilian President Lula and Chinese leader Xi Jinping discussed international affairs, emphasizing opposition to US protectionism and promoting multilateralism through BRICS, amid ongoing US-China trade tensions and Brazil's efforts to diversify trade partnerships.
India quickly shifted its oil imports from Russia to Middle Eastern and West African sources in response to US sanctions and tariffs, signaling a significant setback for Russia's economic ties and challenging the unity of the BRICS alliance amid US economic pressure.
Brazil's President Lula da Silva refuses direct tariff talks with Trump, citing a lack of mutual interest and concerns over national dignity, while focusing on domestic measures and potential joint actions with BRICS nations against US tariffs.
U.S. President Donald Trump threatened to impose a 10% tariff on BRICS countries and stated the group would end quickly if it became truly meaningful, while also emphasizing his commitment to the dollar's global reserve status and opposing a digital currency. Trump has accused BRICS of anti-American policies and has targeted individual members like Brazil with tariffs and investigations, amid ongoing tensions over trade and geopolitical influence.
The article discusses the BRICS summit in Rio de Janeiro, highlighting its efforts to reform global governance, promote multipolarity, and challenge US economic and political dominance, which has caused concern for the US, especially regarding de-dollarization and the push for a more equitable international system.
During a cabinet meeting, Trump threatened a 10% tariff on BRICS countries, criticizing their efforts to diminish the dollar's global dominance and expressing concern over their move towards using national currencies like the yuan, especially with Brazil's increasing alignment with China. Trump views BRICS as a threat to U.S. economic power and is willing to impose tariffs to counteract this, reflecting his broader nationalist stance and opposition to Lula's leadership in Brazil.