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Business Standard
36 minutes ago
- Business Standard
Brics remains a powerful force for economic cooperation, global good: PM
The Brics remains a powerful force for economic cooperation and global good, Prime Minister Narendra Modi said on Sunday as several top leaders of the member nations of the grouping converged in this seaside Brazilian city to hold summit talks. Chinese President Xi Jinping and his Russian counterpart Vladimir Putin skipped the summit, being hosted by Brazil in its capacity as the current chair of the influential grouping. The Brics has emerged as an influential grouping as it brings together 11 major emerging economies of the world, representing around 49.5 per cent of the global population, around 40 per cent of the global GDP and around 26 per cent of the global trade. Brics, originally comprising Brazil, Russia, India, China, and South Africa, expanded in 2024 to include Egypt, Ethiopia, Iran, and the United Arab Emirates, with Indonesia joining in 2025. Modi arrived here last night on the fourth leg of his five-nation tour. He has already visited Ghana, Trinidad and Tobago and Argentina. The situation in West Asia, the Russia-Ukraine conflict and challenges facing the Global South are likely to figure prominently at the Brics Summit. "Grateful to President Lula for hosting this year's Brics Summit in Rio de Janeiro. Brics remains a powerful force for economic cooperation and global good," Modi said in a social media post after he was welcomed at the venue of the summit by the Brazilian leader. The motto of the Brazilian presidency of Brics is "Strengthening Global South Cooperation for More Inclusive and Sustainable Governance". The summit will culminate in two high-level declarations on financing the climate change regime and the governance of artificial intelligence. Enhancing the use of national currencies in settling intra-Brics trade may also figure in the discussions at the summit. India will assume the presidency of Brics next year.


Time of India
40 minutes ago
- Time of India
‘To spite Trump': MAGA commentator Laura Loomer predicts conservatives joining Musk's America Party; names 3 key figures
MAGA commentator and Trump ally Laura Loomer on Sunday suggested that some prominent conservatives could soon align with Elon Musk's newly launched America Party. Loomer named three prominent figures she believes are poised to align with Musk: former Fox News host Tucker Carlson, Congresswoman Marjorie Taylor Greene, and Representative Thomas Massie. In a post on X, Loomer said: "I predict Tucker Carlson, MTG, and Thomas Massie will join the new 'America Party' to spite President Trump." Tucker Carlson Loomer pointed to the former Fox News commentator but said Carlson isn't a 'true Trump supporter.' Despite that, she predicted he would sign on with Musk's America Party as a way to 'spite President Trump.' Carlson recently criticised Republicans for producing 'weak' policy positions. Marjorie Taylor Greene Georgia Representative Greene has already publicly sided with Musk over Trump's 'Big Beautiful Bill.' Loomer said this makes her a prime candidate to join Musk's party. Greene used her platform to praise Musk for confronting Trump on fiscal discipline, noting her dissatisfaction with Congress's spending. Thomas Massie Loomer signalled that Musk-backed Congressman Massie, who voted against Trump's signature tax-and-spend package, would follow suit with the America Party. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Mucus in Lungs? Do This if You Feel Breathlessness Neuracare Learn More Undo Trump has previously criticised Massie, but Loomer highlighted his stance against the bill—saying he had 'enough' Republicans to resist it—as evidence of his willingness to break with Trump on principle. Musk's America Party aims for 'Freedom' Elon Musk officially launched the America Party on July 5, declaring that it was created to 'give you back your freedom.' The move came after growing tensions with Donald Trump over a recent federal spending bill, which Musk opposed. The party says it will apply 'extremely concentrated force' to influence key Senate and House races. Its focus will be on budget cuts, deregulation, and tech-focused policies. Though its national reach is still limited, political observers say the America Party could reshape close races in swing districts. Musk's new party is already drawing attention from frustrated conservatives, libertarians, and some in the MAGA movement who no longer align fully with Trump.


The Hindu
an hour ago
- The Hindu
Kerala University Syndicate ‘revokes' Registrar's suspension, V-C rejects legality of decision taken after adjournment
Kerala University found itself at the centre of an escalating legal and administrative stand-off on Sunday, after a special Syndicate meeting, convened to finalise the university's Statement of Facts for submission to the Kerala High Court on the suspension of Registrar K.S. Anil Kumar, descended into high drama. Interim Vice-Chancellor Ciza Thomas refused to allow any further discussion on the matter, asserting that the meeting had been called solely to finalise the court-bound statement. She declared the meeting dissolved and walked out when a majority of Syndicate members raised the demand to revoke the suspension, which she termed sub judice and outside the approved agenda. However, the majority of the Syndicate members, primarily backed by the Left Democratic Front (LDF), proceeded with the meeting under the chairpersonship of senior member P.M. Radhamani to revoke the suspension of Dr. Kumar, who reassumed office later in the day. The Vice-Chancellor, however, has rejected the legality of the 'post-dissolution' proceedings, stating that no decision taken after the dissolution of the meeting has legal validity. Syndicate's claim Countering the claim, the Left-backed Syndicate members, led by G. Muralidharan, maintained that the decision was in tune with the university statutes. They added that the Registrar's suspension violated university norms and that Vice-Chancellor in-charge Mohanan Kunnummal misused his powers under Section 10(13) of the Kerala University Act, which allows immediate action only in exigent circumstances. The Vice-Chancellor was also accused of bypassing statutory norms including that to provide the Registrar a chance to be heard. Committee formed Adding another layer to the issue, the Syndicate also decided to constitute a three-member committee headed by Mr. Muralidharan to investigate the events surrounding the Senate Hall incident of June 25, where the controversy first erupted during a function attended by the Governor. The Bharatiya Janata Party (BJP)-aligned Syndicate members also strongly objected to the demand raised by Left-backed members to revoke the suspension. They termed any discussion outside the agenda legally untenable. During the meeting, Syndicate member P.S. Gopakumar also accused CPI(M)-backed member R. Rajesh of maligning the High Court through a Facebook post. Congress-backed Syndicate member Ahamed Fazil Y. distanced himself from both sides, asserting that while he opposed the suspension, he also believed the final say rests with the court. Minister's support Education Minister R. Bindu lent support to the Syndicate majority as she stated that it is the Syndicate, and not the Vice-Chancellor, that holds the authority to appoint or suspend the Registrar. The Syndicate's decision in legally valid, she added. With both the Vice-Chancellor and the Syndicate preparing separate affidavits to be submitted to the High Court, the matter is poised for a legal showdown.