Category: BRICS
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Trump Targets BRICS
On July 6, 2025, President Donald Trump announced via Truth Social that any country aligning with what he called the “Anti-American policies” of the BRICS group (Brazil, Russia, India, China, South Africa, and newer members Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates) would face an additional 10% tariff on their exports to the…
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BRICS Investment Guarantee Fund
The BRICS alliance is set to launch a new investment guarantee fund, backed by the New Development Bank (NDB), aimed at reducing financing costs and boosting investment in member states, positioning it as a rival to the World Bank’s Multilateral Investment Guarantee Agency (MIGA). The initiative, reported on July 3, 2025, by Reuters, has received…
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Wang Yi BRICS Speech
Wang Yi’s statement at the BRICS meeting represents a sharpening of China’s rhetorical posture within a broader recalibration of its global messaging strategy—firm, emotionally charged, and framed around anti-hegemony. Muhammet Ali Zurnacı: Chinese Foreign Minister Wang Yi said appeasement will only embolden the “bully” at a BRICS meeting on Monday, rallying the group of emerging-market…