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The Latest Breaking News from BRICS

EU’s von der Leyen has ‘good exchange’ on trade with Trump, as US threatens Brics group with extra 10% tariff – as it happened

Rolling coverage of the latest economic and financial news, as Trump declares ‘tariff letters and/or deals’ will be delivered from 12:00 PM (Eastern) today (5pm BST)

The Guardian - UK

Trump Threatens 10% 'Additional' Tariff On All BRICS-Aligned Nations, Says Tariff Letters Drop At Noon Monday

President Donald Trump announced on Sunday that he will impose an additional 10% tariff on any country that aligns with BRICS’ anti-American policies, escalating trade tensions as his July 9 deadline approaches for comprehensive tariff restructuring.

Benzinga

Russia-Ukraine war: List of key events, day 1,229

Here are the key events on day 1,229 of Russia’s war on Ukraine.

Al Jazeera

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BRICS group slams tariffs and Iran conflict at summit in Brazil

BRICS leaders are set to discuss key global political issues, but questions over the bloc’s unity have arisen as Chinese President Xi Jinping and Russian President Vladimir Putin have opted to skip the summit.

Euronews

BRICS summit opens in Brazil with key leaders notably absent

BRICS leaders set to discuss key global political issues in Rio de Janeiro, but questions over the bloc’s cohesion arise as Chinese President Xi Jinping and Russian President Vladimir Putin opt to skip the summit.

Euronews

Brazil’s leader Lula condemns Gaza ‘genocide’ at BRICS

BRICS nations have been in disagreement over how strongly to denounce Israel’s bombing of Iran and its war on Gaza.

Al Jazeera

BRICS leaders meet in Rio to defend multilateralism 'under attack'

BRICS leaders meeting in Rio de Janeiro from Sunday are expected to decry US President Donald Trump's "indiscriminate" trade tariffs, saying they are illegal and risk hurting the global economy.

Radio France Internationale

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Brazil hosts BRICS summit; Russia’s Putin, China’s Xi skip Rio trip

Leaders expected to decry US President Trump’s trade tariffs while presenting the bloc as a defender of multilateralism.

Al Jazeera

BRICS Nations Voice 'Serious Concerns' Over Trump Tariffs

BRICS leaders meeting in Rio de Janeiro from Sunday are expected to decry US President Donald Trump's "indiscriminate" trade tariffs, saying they are illegal and risk hurting the global economy.

International Business Times

Leaders of Russia and China snub Brics summit in sign group’s value may be waning

Rapid expansion of Brics has diluted its coherence as a body offering an ideological alternative to western capitalism

The Guardian - UK

Russia becomes first country to recognise Afghanistan’s Taliban regime. Will China follow?

Experts monitoring the Taliban’s new diplomacy push in Asia say China could follow suit, paving the way for wider recognition of the militant group and ending its pariah status on the world stage. Arpan Rai reports

The Independent UK

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.

International Business Times

Raw Commodities Bulls Have Been Beat Up. These 2 Major Catalysts Could Seriously Turn Things Around.

A slumping U.S. dollar and falling Treasury yields are both bullish for raw commodities.

Barchart

What Will It Take to Push Gold Prices to New Record Highs?

These two fundamental factors appear the most likely to have a bullish impact on prices in 2025.

Barchart

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The Independent UK

Xi Jinping to skip Brics summit in Brazil after India’s Modi offered state dinner

Chinese president has never missed a Brics summit before

International Business Times

India A Voice For Global South At G7, Says Foreign Minister

India, whose leader has been invited to the G7 starting on Sunday, is eager to represent the Global South on the world stage, acting as a "bridge" between different countries, Foreign Minister Subrahmanyam Jaishankar said.

Euronews

15 EU countries call for 'renewed' ties with Russia's closest allies to secure ceasefire

In a joint letter led by Austria, 15 member states pitch a "renewed, targeted and joint global diplomatic outreach effort" to strengthen leverage on Russia.

The Conversation

Russia-China ties on full display on Victory Day – but all is not as well as Putin is making out

Chinese troops participating in Russia’s Victory Day parade in Red Square, Moscow, on May 9 is a clear indication that President Xi Jinping is fully committed to his “no-limits” partnership with his Russian counterpart, Vladimir Putin.

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International Business Times

BRICS Members Blast Rise Of 'Trade Protectionism'

China, Brazil and other members of the BRICS grouping on Tuesday slammed the "resurgence of trade protectionism" at a meeting in Rio de Janeiro dominated by US President Donald Trump's tariffs blitz.

International Business Times

BRICS Ministers Meet In Brazil Over Trump Trade Policies

Senior diplomats from the BRICS grouping of nations gathered Monday in Brazil to present a united front in the face of US President Donald Trump's aggressive trade policies.

Radio France Internationale

Kenyan president visits China as country pivots away from the US

Kenyan President William Ruto has begun a five-day state visit to China, signalling a deepening of strategic and economic ties between the nations. Ruto's first state visit to China since taking office in 2022 is being viewed by some as a strategic shift amid evolving geopolitical dynamics.

The Conversation

Culture can build a better world: four key issues on Africa’s G20 agenda

The cultural and creative industries are a growing source of income and job creation around the world, generating tens of millions of jobs. The cultural sector is also linked to soft power, to relations between countries.

The Independent UK

Brazil's Lula to meet Putin and Xi amid global trade war fears

Brazil’s President Luiz Inácio Lula da Silva will meet with Russia’s Vladimir Putin in Moscow and China’s Xi Jinping in Beijing, two important partners for the South American giant, in May

The Guardian - UK

Globalisation may have run its course in current form, says HSBC chair

Trade tensions in era of Trump tariffs create serious potential risk to global growth, warns Sir Mark Tucker

Top News

Trump Threatens 100% Tariff On BRICS Countries Over New Currency

President Trump expresses skepticism on BRICS creating new currency and threatens tariffs on member nations. Expansion and potential implications discussed.

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