Articles in this Cluster
06-07-2025
At the 2025 BRICS summit in Rio, leaders condemned rising global tariffs and recent attacks on Iran without naming the U.S. or Israel, and criticized NATO’s planned defense spending increases. They expressed grave concern over Gaza, called for hostages’ release and negotiations, and reaffirmed support for a two-state solution—though Iran voiced reservations. Russia faced no direct criticism; Ukraine was mentioned only to denounce recent Ukrainian strikes on Russia. The summit was marked by the absence of China’s Xi and Russia’s Putin (who appeared via video), highlighting cohesion challenges amid rapid BRICS expansion. Brazil steered the agenda toward trade and health to avoid provoking potential U.S. tariffs under Trump, while also pushing institutional reforms and climate coordination ahead of COP30. Analysts said the meeting offered emerging economies a chance to diversify partnerships despite internal dispersion.
Entities: BRICS, Brazil, Rio de Janeiro, Iran, NATO • Tone: analytical • Sentiment: neutral • Intent: inform
06-07-2025
Chinese leader Xi Jinping will skip the BRICS summit in Rio for the first time in his rule, sending Premier Li Qiang instead, as China focuses on domestic economic priorities and expects limited breakthroughs this year. His absence, alongside Russia’s Vladimir Putin attending remotely due to ICC constraints, shifts spotlight to India’s Narendra Modi and South Africa’s Cyril Ramaphosa, with new member Indonesia likely present and Saudi Arabia’s status unclear. The expanded BRICS (now including Egypt, UAE, Ethiopia, Indonesia, Iran) meets amid global economic uncertainty, looming US tariffs under President Trump, and recent US-Israel strikes on Iran. Beijing still views BRICS as central to its Global South and multipolar agenda, aiming to deepen energy ties and promote use of national and digital currencies in trade rather than pursue a unified BRICS currency—an idea opposed by Trump. De-dollarization efforts will be closely watched, though divergent member interests and the bloc’s growing complexity may limit concrete outcomes.
Entities: Xi Jinping, BRICS, Li Qiang, Vladimir Putin, Narendra Modi • Tone: analytical • Sentiment: neutral • Intent: inform
06-07-2025
President Trump threatened an additional 10% tariff on any nation he deems to be supporting “anti-American” BRICS policies, adding uncertainty to his broader tariff campaign as a July 9 negotiation deadline approaches and a 90-day tariff pause ends July 10. The BRICS bloc—now expanded to include Egypt, Ethiopia, Indonesia, Iran and the UAE—issued a summit statement criticizing unilateral trade measures. The administration plans to send about 100 tariff letters starting July 7, setting or confirming duty rates that could revert to higher April 2 levels on August 1 if no deals are reached. Treasury Secretary Scott Bessent said 70% tariffs won’t apply to major partners, some deals are in place (UK at 10%, China temporarily down to 30% from 145%, Vietnam at minimum 20%), and more letters or deals are expected by July 9. Economists warn of consumer cost increases; officials counter there’s little inflation impact so far. It’s unclear how the new BRICS-related threat affects ongoing talks with members like India.
Entities: BRICS, Donald Trump, United States tariffs, Treasury Secretary Scott Bessent, China • Tone: urgent • Sentiment: negative • Intent: inform
06-07-2025
Treasury Secretary Scott Bessent said the Trump administration expects to announce several trade deals before steep tariffs resume Tuesday, while signaling some countries could get an extension to Aug. 1. He said letters will go out to trading partners warning that, without agreements, tariffs will revert to April 2 levels on Aug. 1. Trump also said countries aligning with BRICS’ “anti-American policies” would face an extra 10% tariff, without details. The U.S. has so far reached preliminary deals with Vietnam and the U.K., short of Trump’s “90 deals in 90 days” goal. Bessent asserted the U.S. has leverage and predicted quick agreements once letters are delivered.
Entities: Scott Bessent, Trump administration, United States, tariffs, BRICS • Tone: analytical • Sentiment: neutral • Intent: inform
06-07-2025
BRICS leaders at the Rio summit condemned recent strikes on Iran as violations of international law and attacks on civilian infrastructure, while avoiding direct mention of the US or Israel. The joint declaration criticized rising unilateral tariffs and non-tariff barriers inconsistent with WTO rules—implicitly addressing US policies—amid Donald Trump’s threats of steep tariffs on BRICS imports and his warning of an additional 10% tariff on countries aligning with BRICS. On Gaza, members called for an end to the cycle of violence and a full withdrawal of Israeli forces. Further summit statements were expected on AI, healthcare cooperation, and climate finance.
Entities: BRICS, Rio summit, Iran, World Trade Organization (WTO), Donald Trump • Tone: analytical • Sentiment: negative • Intent: inform
06-07-2025
BRICS leaders at the Rio de Janeiro business forum urged greater cohesion, expanded trade, and wider use of local currencies to boost the Global South’s influence while maintaining pragmatic ties with wealthier nations. Malaysia’s Prime Minister Anwar Ibrahim called for BRICS to learn from ASEAN’s multilateral model to challenge Western-dominated systems, emphasizing unity and confident engagement. The New Development Bank added two new members, and the expanded BRICS now includes Egypt, Ethiopia, Indonesia, Iran, and the UAE alongside Brazil, Russia, India, China, and South Africa.
Entities: BRICS, Global South, Anwar Ibrahim, ASEAN, New Development Bank • Tone: analytical • Sentiment: positive • Intent: inform
