logo
Leaders of growing BRICS group gather for Rio summit – DW – 07/06/2025

Leaders of growing BRICS group gather for Rio summit – DW – 07/06/2025

DW12 hours ago
BRICS leaders are meeting in Brazil for a two-day summit. But China's Xi Jinping and Russia's Vladimir Putin are skipping the gathering.
Leaders of the growing BRICS group of developing nations met in Rio de Janeiro on Sunday, reaffirming the bloc's commitment to multilateral diplomacy.
In his opening remarks, Brazilian President Luiz Inacio Lula da Silva said, "We are witnessing the unparalleled collapse of multilateralism."
"If international governance does not reflect the new multipolar reality of the 21st century, it is up to BRICS to help bring it up to date," he said.
He also criticized the NATO military alliance, accusing it of fueling a global arms race after it set a defense spending target of 5% of GDP late last month.
To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video
For the first time since becoming China's leader in 2012, President Xi Jinping has opted out of attending the BRICS summit.
Xi chose to send his Premier Li Qiang to represent Beijing. China's Foreign Ministry did not say why Xi is skipping the meeting in Rio de Janeiro.
Russian President Vladimir Putin is also staying away, but he made an appearance via videoconference.
Putin is wanted by the International Criminal Court for his role in the full-scale invasion of Ukraine.
Brazil, as a member of the court, would be obliged to arrest Putin if he entered the country.
To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video
In televised remarks, Putin noted that "everything indicates that the model of liberal globalization is becoming obsolete."
"The center of business activity is shifting towards the emerging markets," he added.
Putin also urged member countries to step up cooperation in various areas including natural resources, logistics, trade, and finance.
The bloc, originally formed by Brazil, Russia, India, China, and South Africa, accounts for about half the world's population.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The Strange Case Of Evgeniya Mayboroda, Russia's Rebel Retiree
The Strange Case Of Evgeniya Mayboroda, Russia's Rebel Retiree

Int'l Business Times

time2 hours ago

  • Int'l Business Times

The Strange Case Of Evgeniya Mayboroda, Russia's Rebel Retiree

The elegant 74-year-old Russian put her hand on her heart as the verdict fell. Five and a half years in prison for posts opposing the war in Ukraine. Then, according to a witness who saw her in the dock, "her nose began to bleed". Yet only a few years before, Evgeniya Mayboroda had been an ardent fan of Russian leader Vladimir Putin and had celebrated his annexation of Crimea. A photo taken in the court in Shakhty shows her shock as the sentence was pronounced -- her punishment held up as an example of what can happen to even model citizens if they question the war. Mayboroda -- who comes from the Rostov region bordering Ukraine -- was accused of sharing "false information" on the Russian army on social media and of "making a public appeal to commit extremist activities". Even before she was convicted in January 2024, the posts on her social media feed -- thick with pictures of cats and flowers -- had put her on the Russia's "terrorist and extremist" watchlist. Curious to discover how a pro-Kremlin pensioner could so quickly become an enemy of the state, AFP tracked her down to a penal colony where she said her faith and prayers were sustaining her. We also talked to those who know her and were able to piece together a picture of this unlikely rebel, whose strange story says much about today's Russia. Evgeniya Nikolaevna Mayboroda was born on June 10, 1951 near the coal-mining town of Shakhty and met her husband Nikolai at the local technical institute. They both got jobs at a facility just outside the city -- he was a miner in an elite squad, while she worked in the power station above ground. They had a son, Sergei, in 1972. The Mayborodas were the ideal Soviet family. As mine workers they occupied a privileged place in the communist hierarchy and were able to travel regularly across the Eastern Bloc. But when the USSR collapsed in 1991 so did their world. Not only was there no money to pay their wages but the socialist values they believed in were replaced by a wild, cowboy capitalism. Then on Miners' Day 1997, an important date in the Soviet calendar, Sergei, their only child was killed in a car accident. He was 25. "We were at the burial. Evgeniya was in such a state that she can't remember it," a friend of the family, too afraid to give her name, told AFP. "Her son was everything to her." The mine shut down in 2002 and, less than a decade later, her husband died after a sudden illness and Mayboroda found herself alone. She took refuge in religion and was soon back on her feet, again taking pride in her appearance. Photos show that even on a budget, she kept her sense of style, always with a little touch of mascara. "She is a leader in life," a friend said. "She is hard to break." At the end of 2017, she discovered social media and joined VK (Russia's equivalent to Facebook). Her page shows her political evolution. For five years she shared hundreds of pictures of cats and flowers, religious messages or nostalgic reminiscences about life in the good old USSR. And she was effusive in her praise of President Vladimir Putin, posting some 30 photos of him from March to August 2018, hailing him as a marvellous leader who was making Russia great again. In one of them, Putin tells Donald Trump that Russia would give Crimea back to Ukraine "if the United States gives Texas back to Mexico and Alaska back to Russia". She also called former Ukrainian leader Petro Poroshenko -- who accused Putin of having him poisoned -- a "moron". Like many Russians laid low by the crisis of the 1990s, Mayboroda was receptive to the Kremlin's rhetoric that Russia had regained its power and stability under Putin. Then something changed. In the summer of 2018, a sudden raising of the retirement age saw discontent with the government spread beyond the big cities. "Normally Putin, as a great popular leader, likes to position himself as referee, guaranteeing the interest of the people," said French sociologist Karine Clement, a specialist on Russian protest movements. "But this was the first time he spoke up to defend a reform that, let's say, went against the interests of the poor." While his popularity plummeted, there were no large protests. At around the same time, the mood of Mayboroda's posts about politics began to change. She started to share posts denouncing poverty in Russia, contrasting it with the country's vast natural resources. Tatyana Vasilchuk, a journalist from the independent outlet Novaya Gazeta, said the Maiski area where Mayboroda lived was wracked by neglect and unemployment when she visited. "It was drowning under rubbish," she said. In 2020, Mayboroda made clear her opposition to a change in the constitution allowing Putin to stay in power until 2036, reposting a message that said: "No to an eternal Putin... No to eternal lies and corruption." Then came the Russian invasion of Ukraine in February 2022. "One of the motors" for Putin going to war, Clement said, was his need to silence opposition and "restore control". On her VK account, Mayboroda -- who had family in Ukraine -- criticised the invasion and even expressed support for the Azov Brigade, a Ukrainian unit founded by far-right militants. While some Azov members were neo-Nazis, its dogged resistance on the battlefield, particularly during the siege of Mariupol in 2022, won it hero status in Ukraine and recruits beyond ultranationalist groups. In Russia, where all opposition -- particularly online -- is tracked, her posts did not go unnoticed. The security services have locked up hundreds of people for criticising the conflict and Mayboroda's turn came in February 2023. Police raided her home and she got her first jail term and a fine. A more serious criminal investigation was also opened, which led to her conviction last year. Investigators accused her of criticising the Russian assault on Mariupol in which thousands of besieged Ukrainians died. They also said she reposted a disturbing video in which a young girl, sat in front of a screen showing a swastika, holds a knife and declares in Ukrainian that Russians should have their throats cut. The video seems to support the Kremlin line that Russia had gone into Ukraine to fight "neo-Nazis", playing on the admiration some Ukrainian nationalist groups have for those who fought with the Germans against Soviet leader Joseph Stalin during World War II. Mayboroda was accused of being a Nazi for reposting the video, which had in fact been published by a pro-Kremlin account on VK. Ukraine's SBU security service claim the clip was part of a Russian "propaganda campaign". "She does not support that ideology," a source close to the case told AFP. Mayboroda, who regularly crossed the border to visit her Ukrainian relatives before the war, told the court that one was wounded in a Russian strike on a building in Dnipro in the summer of 2022. Yet at the time Mayboroda did not see how dangerous her online comments were, a friend told AFP. She compared the pensioner to a "lost lamb" who she still loved despite being "in the wrong". Expert Clement said she could understand how Mayboroda became politicised once she saw through the Kremlin line. Beyond prosecuting its opponents, the Kremlin tries to "scramble minds" with a fog of often contradictory disinformation to stop "the forming of mass political movements", Clement said. This strategy of confusion allows it to present the invasion as "a fight against Nazism", she added, even though Ukrainian President Volodymyr Zelensky is Jewish. Russians are cynical about politics after watching oligarchs present their ultraliberal reforms that robbed the poor in the 1990s as an advance toward "democracy", the expert argued, a distrust which now works in favour of Putin's authoritarianism. "You have to be very smart to navigate public life in Russia," she said, adding that a "thirst for community" was part of the reason why so many have got behind the war. Despite that, Mayboroda's plight has garnered attention from opposition media and NGOs both in Russia and in exile. The banned group Memorial quickly recognised her as a "political prisoner", and Kremlin critics said her jailing showed the growing intensity of repression. Unlike thousands of Ukrainian prisoners who human rights groups say are being held in secret and sometimes tortured, as a Russian citizen Mayboroda's prison conditions are much better. Theoretically she can receive letters, though censored by prison authorities, and occasionally make phone calls. In June, after a six-month wait, AFP was able to talk to her during a mediated and recorded 10-minute call from her prison in the Rostov region. During the spring her friends said she was depressed and unwell. But her tone during this call was surprisingly upbeat given she has been behind bars for 18 months. "The hardest thing for me was losing my freedom. It's very hard... But my faith and prayers help me," she told AFP, her voice sometimes cut by the crackly line. Asked why she reshared the video of the girl calling for Russians to be killed, she said "it happened by accident. It was stupid." She insisted that she detested "hate" and "lies", and that she believed in "love and the joy of living". Her opposition to the war was on simple moral grounds, she said. "I am a (Christian) believer. Thou shalt not kill." Nor could she see why the invasion had to happen. "Why all this? I don't understand." A residential building in Dnipro, Ukraine destroyed by a Russian strike in 2023 AFP Forty-one people went on hunger strike in Shakhty in 2004 reclaiming unpaid wages from coal giant Rostov Ugol (Rostov Coal), which ran mines in the city AFP A woman holds a smartphone bearing an image of Russian President Vladimir Putin at a rally of his supporters in 2016 AFP Social media platform VK (formerly VKontakte), Russia's equivalent to Facebook AFP Evgeniya Mayboroda's nose began to bleed as the verdict was read AFP

Asian Markets Drop As Trump's Tariff Deadline Looms
Asian Markets Drop As Trump's Tariff Deadline Looms

Int'l Business Times

time2 hours ago

  • Int'l Business Times

Asian Markets Drop As Trump's Tariff Deadline Looms

Most Asian markets fell Monday as countries fought to hammer out trade deals days before Donald Trump's tariff deadline, though investors took heart after he said the levies would not kick in until the start of next month. While the White House has said several deals were in the pipeline, only two have been finalised ahead of the July 9 cut-off set by the US president. Governments from major trading partners including Japan, India, the European Union and South Korea have fought for the past three months to get agreements. But Trump said he will send his first tariff letters at 1600 GMT Monday, setting out what Washington will charge for doing business with the United States. He said an extra 10 percent would be added to any country "aligning themselves with the Anti-American policies of BRICS", an 11-member alliance including Brazil, Russia, India and China. The announcement came after leaders of the group warned Trump's "indiscriminate" import tariffs risked hurting the global economy. The deadline for a deal is Wednesday, but Treasury Secretary Scott Bessent confirmed on Sunday that the measures would not be applied until August 1. "It's not a new deadline. We are saying, this is when it's happening. If you want to speed things up, have at it. If you want to go back to the old rate, that's your choice," Bessent told CNN. He said the rates will then "boomerang back" to the sometimes very high levels Trump announced on April 2, before the president suspended the levies to allow for trade talks. "I would expect to see several big announcements over the next couple of days," Bessent said. The president told reporters Sunday on Air Force One that "I think we'll have most countries done by July 9, either a letter or a deal", adding that some deals have already been made. Tariff uncertainty weighed on equity markets, with Tokyo, Hong Kong, Shanghai, Sydney, Wellington and Taipei all down, though there were small gains in Singapore, Seoul, Manila and Jakarta. Wall Street was closed Friday for a holiday. "Whether deadlines get extended remains uncertain given Trump's unpredictable style," said IG market analyst Fabien Yip. "Our base case expects several important trade partners to agree on a high-level basis before the deadline. "This would provide more time for detailed discussions over the following two months. The other risk factor is sector-specific tariffs covering semiconductors, pharmaceuticals, and materials may also be announced in due course." Oil prices sank after Saudi Arabia, Russia and other major producers in the OPEC+ alliance said they would boost output far more than expected in August, fuelling demand worries just as Trump's tariffs are about to begin. The group said "a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories" led to the decision to further hike output. Tokyo - Nikkei 225: DOWN 0.5 percent at 39,628.41 (break) Hong Kong - Hang Seng Index: DOWN 0.3 percent at 23,842.39 Shanghai - Composite: DOWN 0.1 percent at 3,467.81 West Texas Intermediate: DOWN 1.8 percent at $65.81 per barrel Brent North Sea Crude: DOWN 1.0 percent at $67.61 per barrel Euro/dollar: DOWN at $1.1773 from $1.1783 on Friday Pound/dollar: DOWN at $1.3634 from $1.3641 Dollar/yen: DOWN at 144.51 yen from 144.53 yen New York: Closed for a public holiday London - FTSE 100: FLAT at 8,822.91 (close)

BRICS leaders meet amid Trump's tariff threats – DW – 07/07/2025
BRICS leaders meet amid Trump's tariff threats – DW – 07/07/2025

DW

time3 hours ago

  • DW

BRICS leaders meet amid Trump's tariff threats – DW – 07/07/2025

BRICS leaders are meeting in Brazil for a two-day summit, it comes as US President Donald Trump vows extra 10% tariff against countries "aligning" with BRICS. Leaders of the growing BRICS group of developing nations met in Rio de Janeiro on Sunday, reaffirming the bloc's commitment to multilateral diplomacy. In his opening remarks, Brazilian President Luiz Inacio Lula da Silva said, "We are witnessing the unparalleled collapse of multilateralism." "If international governance does not reflect the new multipolar reality of the 21st century, it is up to BRICS to help bring it up to date," he said. He also criticized the NATO military alliance, accusing it of fueling a global arms race after it set a defense spending target of 5% of GDP late last view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video BRICS countries also condemned US President Donald Trump's "indiscriminate" tariff policy. They voiced "serious concerns about the rise of unilateral tariff and non-tariff measures which distort trade and are inconsistent with WTO rules," saying such measures were 'affecting prospects for global economic development.' Trump has said that tariff of up to 50% could be imposed on August 1 if countries do not reach deals with Washington by that time. The US president on Sunday also lashed out at BRICS, vowing to impose an extra 10% tariff on the grouping. "Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy," Trump wrote in a post on his Truth Social social network. Trump did not clarify or expand on the "Anti-American policies" reference in his post. The bloc, originally formed by Brazil, Russia, India, China, and South Africa, has grown in size with Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates and Indonesia joining as members last year. It accounts for about half the world's population. For the first time since becoming China's leader in 2012, President Xi Jinping has opted out of attending the BRICS summit. Xi chose to send his Premier Li Qiang to represent Beijing. China's Foreign Ministry did not say why Xi is skipping the meeting in Rio de Janeiro. Russian President Vladimir Putin is also staying away, but he made an appearance via videoconference. Putin is wanted by the International Criminal Court for his role in the full-scale invasion of Ukraine. Brazil, as a member of the court, would be obliged to arrest Putin if he entered the country. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video In televised remarks, Putin noted that "everything indicates that the model of liberal globalization is becoming obsolete." "The center of business activity is shifting towards the emerging markets," he added. Putin also urged member countries to step up cooperation in various areas including natural resources, logistics, trade, and finance. Indian Prime Minister Narendra Modi, meanwhile, said BRICS must lead the Global South in an increasingly multipolar world. Modi also spoke about the attack on tourists in Pahalgam in India-administered Kashmir in April, which triggered a series of tit-for-tat diplomatic measures by India and Pakistan and led to intense exchanges of missile, drone and artillery fire. "We condemn in the strongest terms the terrorist attack in Jammu and Kashmir on 22 April 2025, during which 26 people were killed and many more injured," a joint declaration by BRICS said, adding: "We reaffirm our commitment to combating terrorism in all its forms and manifestations, including the cross-border movement of terrorists, terrorism financing and safe havens."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store