Mit Magzter GOLD unbegrenztes Potenzial nutzen

Mit Magzter GOLD unbegrenztes Potenzial nutzen

Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur

$149.99
 
$74.99/Jahr
The Perfect Holiday Gift Gift Now

Lula, Modi take centre stage as BRICS begins without Xi

Financial Express Pune

|

July 07, 2025

Unlike Brazil's Group of 20 summit, no one was late or missing when leaders of the world's major emerging-market nations gathered for a family photo Sunday in Rio de Janeiro — at least not accidentally.

- MIRETTE MAGDY & SIMONE IGLESIAS

UNLIKE BRAZIL'S GROUP of 20 summit, no one was late or missing when leaders of the world's major emerging-market nations gathered for a family photo Sunday in Rio de Janeiro — at least not accidentally.

Brazil's Luiz Inacio Lula da Silva, hosting the two-day meeting of BRICS countries, took center stage, flanked by South Africa's Cyril Ramaphosa and India's Narendra Modi on either side.

Other representatives from the newly-expanded bloc fanned out from there, with the most controversial international attendees — the foreign ministers of Russia and Iran — on either flank.

It was a sharp contrast from a chaotic family photo against the same backdrop — Rio's iconic Sugarloaf Mountain — in November, when the absence of then-US President Joe Biden, Italy's Giorgia Meloni and Canadian Prime Minister Justin Trudeau epitomized the disarray that permeated Brazil's G-20 meetings.

Still, the photo of ten leaders, all of them men, was notable for who wasn't in it: presidents Xi Jinping of China, Russia's Vladimir Putin, Egypt's Abdel-Fattah El-Sisi, Iran's Masoud Pezeshkian, and anyone from Saudi Arabia.

Xi, the leader of the bloc's largest and most influential economy, decided against a trip to Rio after visiting Brazil last year and receiving Lula for a state visit in Beijing just a couple months ago.

WEITERE GESCHICHTEN VON Financial Express Pune

Financial Express Pune

How winter pushes every car to its limits

BE IT ICE CARS OR EVS, THE SEASON CAN BE TOUGH

time to read

2 mins

December 20, 2025

Financial Express Pune

'Capacity limit costs Mumbai the hub race'

Adani Airport Holdings (AAHL) has laid down the expansion plans for its airport business, but for Jeet Adani, director airports, the larger strategic context is Mumbai's missed opportunity to become India's primary global aviation hub.

time to read

2 mins

December 20, 2025

Financial Express Pune

Crude import bill declines 11%

BARREL BENEFIT

time to read

1 min

December 20, 2025

Financial Express Pune

China to allow export of rare earths for civilian use

CHINA ON FRIDAY said it will approve export of its rare-earth metals for civilian use, amid India's persistent calls for Beijing to lift curbs and resume the export of precious metals needed to manufacture a host of modern products.

time to read

1 min

December 20, 2025

Financial Express Pune

Delhi govt schools choke, private ones turn to air filters

IN THE NURSERY section of an elite South Delhi school this week, the head of Junior School conferred urgently with a class teacher whose students had left the room for a few minutes at the change of periods.

time to read

2 mins

December 20, 2025

Financial Express Pune

Yen weakens across board after BOJ delivers rate hike

CENTRAL BANK SAYS IT WILL KEEP RAISING RATES IF FORECASTS MATERIALISE

time to read

1 min

December 20, 2025

Financial Express Pune

Funds for rural roads scheme see gross underutilisation

STATES’ SPENDING CAPACITY LIMITED

time to read

2 mins

December 20, 2025

Financial Express Pune

Real interest rates need to be lower: RBI guv

RESERVE BANK OF India (RBI) Governor Sanjay Malhotra believes real interest ratesboth headline and core-need to be lower, given the benign inflation outlook, minutes of the Monetary Policy Committee (MPC) meeting released on Friday showed.

time to read

1 min

December 20, 2025

Financial Express Pune

Europe agrees to lend 90 bn euros to Ukraine

UKRAINE THANKED THE EU for deciding to provide it with 90 billion euros ($105.46 billion) of support over the next two years-even if the bloc failed to agree on an ambitious plan to finance it using frozen Russian assets.

time to read

1 min

December 20, 2025

Financial Express Pune

TikTok signs deals with investors to avoid US ban

TIKTOK'S CHINESE OWNER, ByteDance, on Thursday signed binding agreements to hand control of the short video app's US operations to a group of investors, including Oracle, in a big step toward avoiding a US ban and ending years of uncertainty.

time to read

1 min

December 20, 2025

Listen

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back