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☆ Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
▼ + stars: | 2024-10-22 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Russian President Vladimir Putin attends the BRICS Business Forum in Moscow, Russia October 18, 2024. Alexander Zemlianichenko | Via ReutersRussia is rolling out the red carpet to its geopolitical allies as it hosts the latest BRICS summit on Tuesday, pushing its agenda to create a "new world order" that challenges the West. Delegates listen on during the plenary session as Russian President Vladimir Putin delivers his remarks via video-link during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg on August 23, 2023. "The countries in our association are essentially the drivers of global economic growth. Russian President Vladimir Putin (R) shakes hands with Iranian President Masoud Pezeshkian (L) during their meeting, October 11, 2024, in Ashgabat, Turkmenistan.

Persons: Vladimir Putin, Alexander Zemlianichenko, what's, Alet Pretorius, Putin, Michel Temer, Xi Jinping, Jacob Zuma, Narendra Modi, Wu Hong, Callum Fraser, Fraser, Russia's, Dmitry Peskov, Masoud Pezeshkian, Recep Tayyip Erdogan, Mahmoud Abbas, Antonio Guterres, It's, Masoud Organizations: Reuters, United Arab Emirates, America, U.S ., Afp, Getty, Tass, India's, CNBC, Royal United Services Institute, Global, Kremlin Locations: Moscow, Russia, Reuters Russia, Brazil, India, China, South Africa, Egypt, Ethiopia, Iran, Asia, Africa, U.S . Russian, U.S, West, Ukraine, Sandton, Johannesburg, South, Ashgabat, Turkmenistan, U.N

☆ India, China reach pact to resolve border conflict, Indian foreign minister says
▼ + stars: | 2024-10-22 | by ( ) www.cnbc.com time to read: +3 min

India and China have reached a deal on patrolling their disputed frontier to end a four-year military stand-off, the Indian foreign minister said on Monday, paving the way for improved political and business ties between the Asian giants. Estherpoon | Istock | Getty ImagesIndia and China have reached a deal on patrolling their disputed frontier to end a four-year military stand-off, the Indian foreign minister said on Monday, paving the way for improved political and business ties between the Asian giants. To avoid clashes, the two militaries will patrol contested points along the border according to an agreed schedule, a senior Indian military officer aware of the details told Reuters. Both sides will monitor the area in Ladakh to ensure that there are no violations, the officer added. Monthly review meetings and regular monitoring of the contested areas by both sides would ensure there are no violations, he added.

Persons: Narendra Modi's, Xi Jinping, Subrahmanyam Jaishankar, Modi, Xi, Deependra Singh Hooda Organizations: Istock, Getty Images, Indian, NDTV, Authorities Locations: India, China, Getty Images India, Russia, Ladakh, Indian, Beijing, New Delhi

☆ India and China have struck a deal that could ease tension along its disputed border
▼ + stars: | 2024-10-22 | by ( Simone Mccarthy | Aishwarya S Iyer | ) edition.cnn.com time to read: +5 min

CNN —India and China have reached an agreement on military disengagement along their disputed border, New Delhi said, a step toward reducing frictions between the nuclear-armed neighbors that comes as both countries’ leaders arrive in Russia for a summit. Both foreign ministries declined to comment on whether the two leaders would hold formal one-on-one talks in Kazan. ‘A positive development’The violence in 2020 was followed by a process of disengagement and border talks, but friction points have remained, including areas where both sides previously patrolled but have since become so-called buffer zones. However, even with that restoration, there are other steps that would need to be taken in a long process along the disputed border. “There are many other issues of de-induction and de-mobilization of troops on both sides; infrastructure that has been built, etc.

Persons: Subrahmanyam Jaishankar, Xi Jinping, Narendra Modi, Aksai Chin, Modi, ”, ” Jaishankar, Lin Jian, Beijing “, It’s, Manoj Kewalramani Organizations: CNN, Indian, People’s Liberation Army, PLA, India’s Ministry of Defense, NDTV, India’s, Affairs, Foreign Ministry, Takshashila Locations: India, China, New Delhi, Russia, Beijing, Kazan, Ladakh, Johannesburg, Indian, Bangalore

☆ BRICS: The West wants Putin isolated. A major summit he’s hosting shows he’s far from alone
▼ + stars: | 2024-10-21 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Brazilian President Luiz Inacio Lula da Silva was expected to join but canceled his trip after suffering an injury at home. “This BRICS summit is really a gift (for Putin),” said Alex Gabuev, director of the Carnegie Russia Eurasia Center in Berlin. Russian President Vladimir Putin, Chinese leader Xi Jinping, then-Brazilian President Jair Bolsonaro, South African President Cyril Ramaphosa and Indian Prime Minister Narendra Modi pose as they arrive for the BRICS summit in Brasilia in November 2019. While BRICS is primarily geared toward economic collaboration, its meeting last year took place in the shadow of the war in Ukraine. The gathering in Kazan also gives Putin ample opportunity for one-on-one facetime with his fellow BRICS leaders and other friendly dignitaries in attendance.

Persons: Vladimir Putin, –, Xi, India’s Narendra Modi, Iran’s Masoud, Cyril Ramaphosa, Recep Tayyip Erdogan, Luiz Inacio Lula da Silva, Putin –, Xi –, Putin, BRICS, Donald Trump, ”, Alex Gabuev, …, BRICS “, ” Gabuev, Xi Jinping, Jair Bolsonaro, Narendra Modi, Adriano Machado, Mahmoud Abbas, Israel –, Jonathan Fulton, Volodymyr Zelensky, Yevhen Titov, they’ll, Manoj Kewalramani Organizations: CNN, Carnegie Russia Eurasia Center, Indian, Reuters, International, Israel, Atlantic Council, United Nations General Assembly, US, New Development Bank, World Bank, International Monetary Fund, BRICS, Kremlin, Takshashila Locations: Ukraine, Moscow, Russian, Kazan, Brazil, Russia, India, China, South Africa, Egypt, United Arab Emirates, Ethiopia, Iran, Beijing, Tehran, United States, Berlin, Brasilia, Johannesburg, Israel, Gaza, Hezbollah, Lebanon, Abu Dhabi, “, Gabuev, BRICS, Kharkiv, Indian, Bangalore

Yet days after Sinwar was killed by Israeli troops in southern Gaza, the fundamentals of the deadlocked talks remain unchanged. “Their internal dynamics will take some time,” a regional diplomatic official told CNN. The regional diplomatic source called it a “safe bet” that Sinwar’s brother Mohammed could take the lead for the hostages inside Gaza. To lead the overall organization, top Hamas negotiator Khalil al-Hayya, who is based in Doha, is getting backing from pro-Iran, pro-Gaza corners, the regional official said. Blinken is expected to meet with top Israeli officials, including Netanyahu, on Tuesday, amid tempered expectations he will return to Washington having made any significant progress on the hostage talks.

Persons: Antony Blinken, Yahya Sinwar, Joe Biden, Sinwar, isn’t budging, Biden, Benjamin Netanyahu, Netanyahu, ” Netanyahu, ” Biden, Israel, ”, John Kirby, Mohammed, Mohammed Sinwar’s, it’s, Yahya Sinwar’s, “, ” Mohammed Sinwar, Mohammad Sinwar, Mohammed Deif, Khalil al, Ismail Haniyeh, Blinken, Saudi Crown Prince Mohammed bin Salman, Blinken’s, Vladimir Putin Organizations: CNN, Hamas, Israeli, Diplomats, Sinwar, National Security, UN Security Council, US, Saudi Crown Locations: Israel, United, Gaza, Lebanon, Iran, Doha, Cairo, Tehran, Qatar, Egypt, Washington, Tel Aviv, Saudi Arabia, Saudi, Palestinian, Russia, United States

☆ China tightens export controls for tech and goods with military use, ahead of Xi's trip to Russia
▼ + stars: | 2024-10-21 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

A DJI Inspire 1 Pro drone is flown during a demonstration at the SZ DJI Technology Co. headquarters in Shenzhen, China, on Wednesday, April 20, 2016. China has unveiled a set of export control regulations for so-called dual-use items, which refer to goods or technologies that can be used for civilian as well as military purposes, ahead of President Xi Jinping's trip to Russia. The regulations come amid intensified U.S. sanctions targeting Chinese companies which the U.S. deems have been supplying dual-use goods, such as drones, to aid Russia's war effort in Ukraine. China has attempted to show that "it is following similar norms as other nations in terms of how it regulates trade in dual-use goods," he added. Alicia Garcia-Herrero, chief economist for Asia-Pacific at Natixis, however, suggested that Russia will likely be exempted from the possible export controls.

Persons: Xi, Mao Ning, Benjamin Cavender, Alicia Garcia, Herrero, Alex Capri Organizations: SZ, Technology, State, China Market Research Group, National University of Singapore Locations: Shenzhen, China, Russia, Ukraine, Russian, Kazan, Washington, Asia, Natixis

☆ Iran aided Russia against Ukraine. Now it needs to call in the favor
▼ + stars: | 2024-10-21 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Russia is unlikely to offer military intervention against Israel on behalf of the Iranians, Saab said, given it is already "too bogged down in Ukraine." In return for Iran's support, Russia has bolstered Iran's military capabilities in several areas, they noted: "Iran has made notable progress in acquiring advanced conventional weaponry from Russia, allowing it to achieve some of its defense officials' long-standing goals. Iranian protesters shout anti-Israeli slogans while burning an Israeli flag in a celebration for Iran's missile attack against Israel, in Tehran, Iran, on October 1, 2024. That shared antipathy toward the U.S. and desire to create a "new world order" are what largely binds Iran and Russia. Russia cannot — and will not — save Iran in its confrontation with Israel and the United States," he noted.

Persons: Vladimir Putin, Masoud Pezeshkian, Israel, Bilal Y, They've, Saab, It's, Karim Sadjadpour, Nicole Grajewski, Su, John Kirby, Morteza, Mikhail Svetlov, Bashar al, Nikita Smagin, Saudi Arabian Crown Prince Mohammed bin Salman Organizations: Getty, CNBC, Saab, North Africa, Israel, Kremlin, Carnegie Endowment, International Peace, Security, Ukraine, Nurphoto, United, Base, Russian International Affairs Council, Saudi Arabian Crown, Royal, Anadolu Locations: Ashgabat, Turkmenistan, Iran, Ukraine, Tehran, Russia, Islamic Republic, East, United States, Russian, U.S, Ukrainian, Gaza, Lebanon, Israel, Iranian, Yemen, Syria, Saudi Arabia, United Arab Emirates, Syria's, Moscow, Saudi, Al Yamamah, Riyadh

☆ Putin says BRICS, not the West, will drive global economic growth
▼ + stars: | 2024-10-19 | by ( ) www.cnbc.com time to read: +1 min

The BRICS group will generate most of the global economic growth in the coming years thanks to its size and relatively fast growth compared with that of developed Western nations, Russian President Vladimir Putin said on Friday. The Kremlin leader is due to host a BRICS summit in the Russian city of Kazan on Oct. 22-24. "The countries in our association are essentially the drivers of global economic growth. In the foreseeable future, BRICS will generate the main increase in global GDP," Putin told officials and businessmen at BRICS business forum in Moscow. "The economic growth of BRICS members will increasingly depend less on external influence or interference.

Persons: Vladimir Putin, Putin Organizations: United, United Arab Emirates, Kremlin, U.S ., UAE Locations: Russian, Egypt, Ethiopia, Iran, United Arab, Brazil, Russia, India, China, South Africa, Kazan, Moscow, Ukraine

☆ Putin says Zelenskyy's nuclear comments were a 'dangerous act of provocation' at meeting with BRICS group journalists
▼ + stars: | 2024-10-19 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

Russian President Vladimir Putin has responded to Volodymyr Zelenskyy's nuclear comments. The Ukrainian president had suggested that Kyiv would seek nuclear weapons if it could not join NATO. AdvertisementRussian President Vladimir Putin has said Ukrainian President Volodymyr Zelenskyy's comments about nuclear weapons earlier this week were a "dangerous act of provocation." Advertisement"Either Ukraine will have nuclear weapons and that will be our protection or we should have some sort of alliance. Responding to Zelenskyy's comments on Friday, Putin said: "Any step in this direction will meet an adequate response."

Persons: Vladimir Putin, Volodymyr Zelenskyy's, Zelenskyy, —, Putin, Mark Rutte Organizations: NATO, Service, European, United Locations: Brussels, Budapest, Ukraine, Russia, Brazil, India, China, South Africa, Ethiopia, Iran, Egypt, United Arab Emirates, Saudi Arabia

☆ Russia defense chief touts ‘common understanding’ with China in Beijing talks
▼ + stars: | 2024-10-16 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Their task is to “strengthen and develop” their strategic partnership, the Russian defense chief added. Russia and China have been bolstering their security coordination in the face of shared frictions with the West. Belousov also held talks a day earlier with Chinese Defense Minister Dong Jun, who ranks below Zhang in China’s military hierarchy. Belousov’s arrival in Beijing Monday coincided with China’s military flying a record number of fighter jets and other warplanes around Taiwan during large-scale military drills. China said the drills were intended as a “stern warning” to what it described as pro-independence forces in Taiwan.

Persons: that’s, Andrey Belousov, Zhang Youxia, Xi Jinping, That’s, Zhang, Xi, Vladimir Putin, Belousov, Dong Jun, Andrei Belousov, Wang Yi, Putin, Lai Ching Organizations: Hong Kong CNN, US, China’s, Military Commission, Tass, China’s Defense Ministry, Chinese Defense, Russia's Defense, China's, Russian Defence Ministry, Reuters China’s Ministry of Foreign Affairs, Canadian Locations: China, Hong Kong, Beijing, Russia, Washington, Russian, Kazan, BRICS, Moscow, Ukraine, Ocean, Alaska –, South China, Taiwan

☆ Russia pitches trading centers in a widening plan to move away from the US-dominated global financial order
▼ + stars: | 2024-10-14 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Russia is proposing alternative payment systems and commodity centers. Challenges include entrenched dollar dominance and existing global trading systems' liquidity. Other than championing alternative payment systems based in non-dollar currencies, Russia is also pitching the set-up of centers for mutual trade in commodity resources. Moving BRICS trade to trading centers within the bloc would also involve the use of local currencies and facilitate a move away from using the dollar for trade, according to the document. Russia faces an uphill battle in changing the basics of dollar-dependent financial trading systems.

Persons: —, Yakov, Brent Organizations: Service, Russia's Finance Ministry, Partners, Tass, Chicago Mercantile Exchange, Grain, country's Agriculture Ministry, Brent, International Monetary Fund Locations: Russia, Moscow, Ukraine, Brazil, India, China, South Africa, Russian, Pakistan, Kazan, masse, Scotland

☆ Putin hails ‘very close’ links with Iran at landmark first meeting with president, as Middle East tensions soar
▼ + stars: | 2024-10-11 | by ( Lauren Kent | ) edition.cnn.com time to read: +4 min

Iran has supplied thousands of “Shahed” attack drones to Russia, and according to US officials, built a drone factory in Russia. “We are actively working together in the international arena and our assessments of events taking place in the world are often very close,” Putin said during the landmark meeting, according to Russian state media outlet TASS. In a meeting with Russian Prime Minister Mikhail Mishustin in Tehran last week, the Iranian leader called for accelerating joint projects. Meanwhile, Russia expressed interest in expanding trade and economic cooperation as well as diversifying its bilateral trade with Iran. “But, of course, the situation in the Middle East will not be ignored, it will also be on the agenda.

Persons: Vladimir Putin, Masoud, “, ” Putin, ”, Aniseh Bassiri Tabrizi, Bashar al, Assad, Bassiri Tabrizi, Ebrahim Raisi, Mikhail Mishustin, Pezeshkian, Dmitry Peskov, Viktor Bout, Brittney, Bout, ” CNN’s Gianluca Mezzofiore, Natasha Bertrand, Kylie Atwood Organizations: CNN, Central, Ukraine, Moscow, Analysts, Russian, TASS, Street, Chatham House Locations: Ashgabat, Turkmenistan, Iran, Ukraine, Russia, “, Moscow, Tehran, Syrian, Russian, Yemen

In a Telegram post late Tuesday, Zelenskyy said he had “discussed the implementation of the peace formula” with Erdoğan. But the Turkish leader appeared to dash any hopes of a fast-track to NATO membership in his interview with NBC News. Turkey's President Recep Tayyip Erdoğan speaking to NBC News' Chief International Correspondent Kier Simmons in New York on Tuesday. Erdoğan linked Sweden’s NATO membership to the U.S. Congress’ approval of a Turkish request to purchase 40 new F-16 fighter jets and kits to modernize the country’s fleet. “Unfortunately, many Western countries remain silent in the face of Israel, and they never took a stance against Israel,” Erdoğan said, adding: “Amongst the NATO allies, unfortunately, there are many countries siding with Israel.

Persons: ”, Recep Tayyip Erdoğan, Erdoğan, don’t, Volodymyr Zelenskyy, Joe Biden, Staff Andrii Yermak, Zelenskyy, “, Kier Simmons, Natasha Lebedeva, ” Erdoğan, Benjamin Netanyahu, Ali Jadallah, ” Biden Organizations: NATO, NBC News, United Nations General Assembly, Staff, Telegram, International, NBC, U.S . Congress, Israeli, Israel, Awda, Getty Images Health, America’s Locations: Russia, New York, Ukraine, Sweden, Finland, Turkey, Syria, Brazil, India, China, South Africa, Moscow, Washington, Gaza, Al, Gaza City, Anadolu, Israel, United States, U.S

☆ Turkey's 'balancing act' with BRICS may stoke NATO fears, but the West needn't be too worried, analysts say
▼ + stars: | 2024-09-15 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

Read previewEarlier this month, a spokesperson for Turkey's ruling AK Party said that a process was "underway" for Turkey to join the BRICS group of emerging-market nations. He now appears to be seeking to maintain what experts have dubbed a "balancing act" between its relations with the West, Russia, and China. "Even if Turkey does join BRICS, I do not believe it is going to lead to a fundamental redefinition of Turkey's relationship with the West." Advertisement"Understanding and collaborating with Turkey's perspective can enhance US and NATO relations with Turkey, irrespective of potential administrative changes in Ankara," Can wrote in an article for the Wilson Center. For its part, the US has remained relatively quiet following the news that Turkey's BRICS ambitions may be inching forward, which Aydintaşbaş said was likely a savvy move aimed at avoiding a public dispute.

Persons: —, Omer Celik, Tayyip Erdoğan's, Aydintaşbaş, Erdogan, Bulent Aliriza, Yusuf, Aliriza, there's, Turkey's Organizations: Service, AK Party, Reuters, Business, United, Saudi, NATO, EU, West, Brookings Institution, Russia, China, Eurasia Program, Center for Strategic, International Studies, Middle, Wilson Center, Wilson, of Europe, France Locations: Turkey, Ankara, Turkish, Brazil, Russia, India, China, South Africa, Ethiopia, Iran, Egypt, United Arab Emirates, Saudi Arabia, Ukraine, United States, Europe, France, West, Russian, U.S, Washington, Kazan

☆ 'Spook the West': Turkey's bid for BRICS both a strategic and symbolic step, analysts say
▼ + stars: | 2024-09-10 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod, Russia on June 11, 2024. BRICS, which stands for Brazil, Russia, India, China and South Africa, is a group of emerging market countries that seek to deepen their economic ties. Russian President Vladimir Putin shakes hands with Turkish President Recep Tayyip Erdogan during their joint press conference on September 4, 2023, in Sochi, Russia. The fact that it's led by China makes some in the West wary, who see this as a potential win for Beijing. Turkish President Recep Tayyip Erdogan (not seen) is welcomed by Chinese President Xi Jinping as part of the 11th G20 Leaders' Summit in Hangzhou, China, on September 3, 2016.

Persons: Hakan Fidan, Sefa, It's, George Dyson, Dyson, Matthew Bryza, Recep Tayyip Erdogan, Vladimir Putin, Russia —, Arda Tunca, Tunca, it's, Xi Jinping, Mehmet Ali Ozcan Organizations: Turkish, Anadolu, Getty, AK Party, NATO, Control, CNBC, EU, White House, Senior State Department, United Arab, Russia, West, China, Beijing, Anadolu Agency Locations: Nizhny Novgorod, Russia, Brazil, India, China, South Africa, Iran, Egypt, Ethiopia, UAE, Western, Turkey, Europe, U.S, Ankara, Istanbul, Ukraine, Saudi Arabia, United Arab Emirates, Russian, Sochi, United States, BRICS, Turkish, Hangzhou

☆ More countries are openly flaunting their ties with Putin. They say it's just business.
▼ + stars: | 2024-09-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussian President Vladimir Putin is having a very social year as his country continues to wage war in Ukraine. So far, Putin has met top leaders from Asian countries including China, India, Vietnam, and Indonesia. Russia is the BRICS chair this year, and Putin has invited Mongolia to join the group's summit in October. Russia's push for a multipolar world order resonates with countries who desire a more equitable international order.

Persons: —, Vladimir Putin, Putin, Sean McFate, McFate, Anwar Ibrahim, Ukhnaagiin Khürelsükh, couldn't, Russia —, Serik, Li Qiang's, Syracuse University's McFate, it's, Derek Grossman, Grossman Organizations: Service, Syracuse University Maxwell School of Citizenship, Public Affairs, Business, Malaysian, Criminal, ICC, World Bank, European Union, NATO, Bloomberg, Moscow, Central, European, EU, United Nations, RAND, Foreign Locations: Ukraine, China, India, Vietnam, Indonesia, Russia, North Korea, Iran, Mongolia, Mongolian, Russia's, European, Sri Lanka, Turkey, Kazakhstan, Central Asian, European Union, Moscow, Beijing, Europe, Syracuse, Brazil, South Africa, Malaysia, Switzerland, United States

☆ Gold and some non-dollar currencies start to shine, but it's not all about de-dollarization
▼ + stars: | 2024-08-02 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

AdvertisementThe amount of gold holdings in global reserves has doubled in just over five years, according to Bloomberg Intelligence analysis. "As the yellow metal carries no credit or counter-party risk, some deem it as being better insulated from financial sanctions, particularly those from the emerging world," wrote UBS' Czerwonko. Advertisement"The situation in competing jurisdictions is also dire; in the land of the blind, the one-eyed man can remain king," wrote Czerwonko. AdvertisementSimilarly, Bloomberg Intelligence said said a Wednesday report that a potential second Trump term could hasten a global currency regime change. "Any title toward isolationism in a Trump second term, such as altered US attitudes toward its role in NATO and international affairs would spur de-dollarization," wrote Bloomberg Intelligence analysts.

Persons: —, Alejo Czerwonko, Czerwonko, Trump Organizations: Service, UBS, Business, International Monetary Fund, Bloomberg Intelligence, Trump, NATO Locations: Ukraine, Moscow, Swiss, Americas

☆ Malaysia's BRICS bid is more about balancing U.S. and China ties, professor says
▼ + stars: | 2024-08-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMalaysia's BRICS bid is more about balancing U.S. and China ties, professor saysOng Kian Ming, pro vice-chancellor for external engagement at Taylor's University, says Malaysia's bid to join the BRICS group of emerging economies is more about that than "seeking our own legitimate economic interests."

Persons: Ong Kian Ming Organizations: Taylor's University Locations: China

☆ Putin wants to strengthen a big challenger to Western dominance
▼ + stars: | 2024-07-16 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

The group is known as BRICS for original members Brazil, Russia, India, China, and South Africa, which collectively form the bloc's acronym. A parliamentary structure would formalize the group even further. AdvertisementA larger and more structured BRICS bloc could have more bargaining power and create an alternative to the West-led global order. Indian Prime Minister Narendra Modi visited Russia recently, even though New Delhi is in a strategic partnership with the US. But the BRICS group should not be counted out, wrote as Ian Bremmer, the president of the Eurasia Group, in a report earlier this month.

Persons: —, Vladimir Putin, BRICS, Putin, Rich Lesser, Sergey Lavrov, Narendra Modi, Modi, Ian Bremmer Organizations: Service, United, United Arab Emirates, Business, New Development Bank, Putin, Kremlin, Boston Consulting, UAE —, Russian, Indian, Eurasia Group Locations: West, Brazil, Russia, India, China, South Africa, Saudi Arabia, Iran, Ethiopia, Egypt, Argentina, United Arab, Shanghai, St Petersburg, Thailand, Malaysia, UAE, New Delhi

☆ India's Modi to meet Putin in Moscow as both sides seek to forge deeper ties
▼ + stars: | 2024-07-08 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Russian President Vladimir Putin speaking to Indian Prime Minister Narendra Modi during their meeting at Taj Exotic Hotel on October, 15, 2016 in Benaulim, Goa, India. Mikhail Svetlov | Getty Images News | Getty ImagesIndia's Prime Minister Narendra Modi is set to meet President Vladimir Putin in Moscow on Monday, marking his first visit to the Kremlin since the invasion of Ukraine. Their meeting is significant as it's the Indian premier's first bilateral trip overseas since he was reelected for a rare third term in June. watch now"This trip will rankle many Western observers," an analyst at the Lowy Institute pointed out in a published commentary. India's refiners have been snapping up discounted Russian oil since the start of the Ukraine war.

Persons: Vladimir Putin, Narendra Modi, Mikhail Svetlov, Vinay Kwatra, Kwatra, India's, Lowy Organizations: Indian, Taj Exotic, Getty, India's, Kremlin, Shanghai Cooperation Organization, United Nations, East Asia Summit, Lowy Institute Locations: Benaulim, Goa, India, Moscow, Ukraine, Russia, Russian, Europe

☆ Modi to visit Moscow next week as Kremlin says ‘all issues on the agenda’
▼ + stars: | 2024-07-04 | by ( Rhea Mogul | ) edition.cnn.com time to read: +4 min

CNN —Indian Prime Minister Narendra Modi will visit Moscow next week for the first time since Russia invaded Ukraine, a sign of the growing relationship between the two countries even as New Delhi maintains strong ties with the United States. Modi’s visit is widely seen as the latest dent in efforts by Western leaders to cast Putin aside. India’s ties with Russia date back decades to the Cold War and have remained strong despite repeated sanctions on Moscow from Western governments. Confirmation of Modi’s visit comes as Russia draws ever closer to China, potentially making New Delhi uncomfortable due to its longstanding Himalayan border dispute with Beijing that has simmered in recent years. But Modi’s visit is set against the backdrop of India’s growing relations with the US, as both countries share concerns over China’s assertiveness in the Indo-Pacific region.

Persons: Narendra Modi, Modi, Vladimir Putin, ” Modi’s, China –, Modi’s, Putin, Xi Jinping, ”, Dmitry Peskov, Kim Jong Un, China’s, Joe Biden, Gan Organizations: CNN, Indian, India’s Ministry, External Affairs, Kremlin, Russia, United Nations Security Council, Shanghai Cooperation Organization, SCO, US, North Locations: Moscow, Russia, Ukraine, Delhi, United States, India, China, Western, New Delhi, Beijing, Kazakhstan, Pyongyang, Brazil, South Africa, Washington, Japan, Australia, ’

☆ Putin touts ‘stabilizing’ force of China-Russia ties as Xi hails ‘lasting friendship’ at security summit
▼ + stars: | 2024-07-04 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

“Russian-Chinese cooperation in global affairs serves as a main stabilizing factor on the international stage, and we continue to further enhance it,” Putin said. China has surpassed the European Union to become Russia’s top trade partner, offering a crucial lifeline to its heavily sanctioned economy. The two nuclear-armed neighbors have also continued to hold joint military exercises, including with Iran. Both moves are widely seen as part of a broader push by Xi and Putin to create an alternative world order that is no longer dominated by the West. Xi said Wednesday that China backed Russia’s role as BRICS chair this year in uniting the Global South, preventing a “new Cold War” and opposing hegemonism, according to state-run news agency Xinhua.

Persons: Hong Kong CNN — Russia’s Vladimir Putin, Xi, Putin, ” Putin, “, ’, ” Xi, ” Organizations: Hong Kong CNN, Wednesday, Shanghai Cooperation Organization, SCO, “, Union, Foreign Ministry, West, China, Xinhua Locations: Hong Kong, Kazakhstan, Russia, China, Russian, Moscow, Central Asia, United States, Belarus, Ukraine, Iran, Beijing, North Korea, Europe, “

☆ A growing club led by Xi and Putin to counter the US is adding a staunchly pro-Russia member
▼ + stars: | 2024-07-02 | by ( Nectar Gan | ) edition.cnn.com time to read: +8 min

After adding Belarus, it will boast 10 members, representing more than 40% of the world’s population and roughly a quarter of the global economy. Growing ambitionsAs the SCO grows in international visibility and economic weight, it has also broadened in geopolitical ambitions. Putin speaks to Xi at the SCO summit two years ago in Samarkand, Uzbekistan. But the Belarus membership also creates big question marks that will hang over the organization, Gill said. After the summit in Astana, China is due to take up the rotating presidency of the SCO for a year.

Persons: Xi Jinping, Vladimir Putin, Narendra Modi, Moscow’s, ”, “, Eva Seiwert, Seiwert, Putin, Xi, Sergei Bobylev, Bates Gill, Gill, –, ” Gill, Modi, they’re Organizations: Hong Kong CNN —, Shanghai Cooperation Organization, Indian, SCO, Union, Mercator Institute for China Studies, ”, Putin, AP, National Bureau of Asian Research, “, Central, Modi, Astana –, Kremlin, Central Asia, NATO, European Union, Seven Locations: Hong Kong, China, Russia, Russian, Ukraine, Belarus, Astana, Kazakhstan, Beijing, Moscow, United States, Iran, Kyrgyzstan, Tajikistan, Uzbekistan, India, Pakistan, Afghanistan, Mongolia, Myanmar, Turkey, Berlin, “, Eurasia, Samarkand, Central Asia, New Delhi, Soviet, Xi’an

☆ India’s Modi to visit Moscow soon, Russian state media says
▼ + stars: | 2024-06-26 | by ( Rhea Mogul | ) edition.cnn.com time to read: +2 min

Preparations are being made for Modi’s visit to Moscow and dates will be announced soon, Kremlin spokesperson Yuri Ushakov said, according to Russia’s state-owned TASS news agency. “I can confirm that we are preparing a visit by the Prime Minister of India,” he said, according to TASS. India’s ties with Russia date back decades to the Cold War and have remained strong despite repeated sanctions on Moscow from Western governments. At the same time, India’s ties with the United States have grown stronger, amid shared concerns over China’s assertiveness in the Indo-Pacific region. Modi met with US President Joe Biden during a state visit to Washington last June, in a trip further cementing their defense, trade and technology partnership.

Persons: Narendra Modi, Yuri Ushakov, ”, India’s, Modi, Vladimir Putin, Putin, China –, China’s, Joe Biden Organizations: CNN, Indian, TASS, Affairs, Shanghai Cooperation Organization, Russia, United Nations, Kremlin, SCO Locations: Russia, Ukraine, Washington, Moscow, India, Russian, Uzbekistan, New Delhi, Western, China, United States, ’, Japan, Australia

☆ Opinion: How South Africa’s former president Jacob Zuma used Trump’s playbook – and lost
▼ + stars: | 2024-06-26 | by ( Opinion Sean Jacobs | ) edition.cnn.com time to read: +13 min

But the figure of former President Jacob Zuma and his new political party uMkhonto – or simply “MK” – provoked more reaction. Jerome Delay/APMoreover, according to Herman, pro-Zuma conspiracy theories and propaganda, some with Russian fingerprints, had been flooding South African social media in the lead-up to the election. And even as Zuma takes pages from Trump’s playbook, South Africans may be telling a different narrative. Facing pressure, Zuma resigned as South African president in 2018. Though some South Africans still admire the US’ capitalist spirit, I find that the South African friends who visit me in the US don’t always feel at ease anymore.

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