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The Latest Breaking News from BRICS

Ahead of BRICS meet, Iran blames UAE for lack of consensus; Tehran to allow more Indian vessels to pass

The sharp differences within BRICS, which India has blamed for the lack of a consensus on the West Asia situation, became public with Iran accusing the UAE of blocking a joint declaration at the foreign ministers’ meeting that India will host over the next 2 days.

The Times of India

Iran Foreign Minister Araghchi begins 3-day India visit

Iran's Foreign Minister Abbas Araghchi is in New Delhi for crucial BRICS talks, focusing on the escalating West Asian crisis and its impact on global energy. He will hold bilateral discussions with India's S Jaishankar, likely addressing the Strait of Hormuz. The meeting, hosted by India, aims to foster dialogue…

The Economic Times

India-Russia discuss energy, trade and global tensions as BRICS ministers gather in Delhi

External Affairs Minister S Jaishankar met Russian Foreign Minister Sergey Lavrov for productive talks. They discussed bilateral cooperation in energy and trade. The meeting also covered the West Asia crisis and the Ukraine conflict. India and Russia share an interest in strengthening multipolarity. Other BRICS foreign ministers also arrived for…

The Economic Times

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Iran says BRICS unable to reach consensus on West Asia conflict due to UAE stance

Iran's Deputy Foreign Minister Kazem Gharibabadi stated the UAE is hindering BRICS consensus on the West Asia conflict. He expressed Iran's openness to Indian peace initiatives in the region. Gharibabadi mentioned Iran and Oman are developing a new framework for merchant vessels in the Strait of Hormuz. He also noted…

The Economic Times

Iran seeks India’s role in West Asia peace efforts ahead of BRICS meet; plans new Hormuz shipping framework

Iran welcomes India's efforts to bring peace to West Asia. The nation is creating a new framework for ships passing through the Strait of Hormuz. Iran stated that a BRICS member's demand to condemn it has prevented a unified stance. India's impartiality as BRICS chair is appreciated. Iran is committed…

The Economic Times

Russia to fulfil all agreements on energy supply to India: Russian FM Lavrov

Russian Foreign Minister Sergey Lavrov has assured India that energy supply agreements will be completed. He stated that relations between Russia and India are based on deep friendship. Lavrov praised Prime Minister Narendra Modi as an energetic leader. He pledged that unfair competition will not harm their energy deals.

The Economic Times

India, Iran hold talks on "bilateral and regional issues"

India hosts the BRICS Foreign Ministers' Meeting soon. Iran's Foreign Minister Seyed Abbas Araghchi will attend. This follows a meeting between Iran's Deputy Foreign Minister Kazem Gharibabadi and MEA Secretary Sibi George. Discussions covered bilateral and regional matters. Iran seeks enhanced BRICS cooperation amid West Asia turmoil. India leads BRICS…

The Economic Times

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Chinese Foreign Minister Wang Yi to skip meeting of BRICS FMs

In an intriguing development in global diplomacy, China's Foreign Minister Wang Yi will be absent from the upcoming BRICS Foreign Ministers' meeting in New Delhi, entrusting Ambassador Xi Feihong to represent the country. China's endorsement of India's presidency within BRICS underscores its commitment to multilateral cooperation.

The Economic Times

Iranian FM Araghchi to visit India for BRICS summit to bolster ties

Iran's Foreign Minister Seyed Abbas Araghchi will visit India for the upcoming BRICS summit. This high-level participation signifies strengthening ties between Iran and India. The meeting in New Delhi is crucial for multilateral cooperation. Araghchi will engage in bilateral discussions with other ministers, including India's Foreign Minister. This visit builds…

The Economic Times

China has a welcome mat for Trump: it just rewrote the rules on U.S. sanctions

Beijing's Announcement No. 21 activates, for the first time, a private right of action against anyone who complies with U.S. sanctions on Chinese firms.

Fortune

Agreeing to disagree: India is using calibrated ambiguity to keep BRICS together

A recent meeting of foreign ministers from the BRICS nations concluded without a joint position on the intensifying West Asian conflict. The lack of consensus meant that the collective's statement had to be worded differently. India, the current chair, summarised proceedings in a voice that sought to balance the concerns.

Newslaundry

$In a fractured world order, where does the global south fit in?$

In a fractured world order, where does the global south fit in?

Canadian Prime Minister Mark Carney was one of the first world leaders to speak out about the “ruptured” world order caused by the Trump administration in the United States. He called for middle powers to band together to safeguard what’s left of the liberal world order.

The Conversation

Warships as diplomats: how the South African Navy is tasked with building ties with other nations

A naval exercise off the South African coast in January 2026, dubbed Will for Peace and involving the warships of South Africa, China, Russia, the United Arab Emirates (UAE) and Iran, elicited international and domestic controversy. It also contributed to a further souring of relations between South Africa and the…

The Conversation

BRICS could become a new pillar of global governance—if its rapid growth doesn't erode its newfound clout

Enlargement may look pretty on paper, but BRICS needs ground rules, enforcement, and even just a common message.

Fortune

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The Independent UK

Iran, Russia and China join for naval drills in South Africa as tensions run high

China, Russia, and South Africa are long-standing Brics members

International Business Times

Why Do Precious Metals Prices Rise During Economic Uncertainty?

According to Lear Capital's market analysis, the U.S. faces record-high credit card debt. High consumer debt burdens can constrain spending and economic growth, potentially leading to slower economic activity or recession concerns.

The Conversation

Trump tariffs and warming India-China ties have silenced the Quad partnership … for now

When leaders of “the Quad” last met in September 2024, host and then-President Joe Biden declared the partnership between the United States, India, Australia and Japan to be “more strategically aligned than ever before.”

The Conversation

What is the BRICS ‘UNIT’ – and could it really challenge the US dollar?

At a major summit in Russia last year, a banknote was unveiled that carried more symbolism than monetary value.

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The Independent UK

India's Modi visits Ethiopia and calls for renewed bilateral relations

Prime Minister Narendra Modi has called for a strategic relationship with Ethiopia during his first visit to the country

Latin Times

Brazil's Lula Vows to Speak With Trump to Avoid Conflict With Venezuela: 'One Shot Is All it Takes and Who Knows What Could Happen'

"We are not going to repeat the mistake made in the war between Russia and Ukraine" said Lula, adding that he is "very worried" about the military escalation in the Caribbean

Euronews

COP30 fails to set fossil fuels' end and sheds light on cracked international order

As the UN flagship climate summit failed to agree on a roadmap to phase out fossil fuels, the European Union finds itself increasingly alone in a world distancing itself from its climate ambitions.

Benzinga

BRICS Outpaces G7, The Undeniable Economic Rebalancing

The BRICS+ now commands a larger share of world GDP than the G7. The bloc originally comprising Brazil, Russia, India, China, and South Africa has been expanding. Alongside newly added members in Egypt, Ethiopia, Iran, Indonesia, Saudi Arabia, and the United Arab Emirates, they surpassed the industrialized G7 bloc when…

Newslaundry

United Nations at 80: How it’s facing the severest identity crisis of its existence

Even as the United Nations marked the eightieth anniversary of its formation on October 24, the organisation is grappling with the severest identity crisis of its existence.

The Conversation

Trade is shaping new global power relations: what this means for Africa

Over the past two decades, economic strength, trade flows, technological leadership and even consumer demand have been moving steadily from west to east. This transformation is redrawing economic maps. It is also raising urgent questions about co-operation, competition and inclusion in a multipolar world. Lecturer in economics and finance Arno…

The Independent UK

Unversed in UNGA? Here's your handy guide to UN General Assembly meeting lingo

The U.N. General Assembly’s yearly meeting of world leaders is here

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