Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

BRICS Can't Set Off New World Order

Financial Express Lucknow

|

July 10, 2025

What brought together Brazil, Russia, India, China, and South Africa (BRICS), along with six new members—Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates, and Indonesia—at the latest BRICS+ summit in Rio de Janeiro was their common desire to explore new ways of dealing with their development problems.

- ANITA INDER SINGH

What brought together Brazil, Russia, India, China, and South Africa (BRICS), along with six new members—Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates, and Indonesia—at the latest BRICS+ summit in Rio de Janeiro was their common desire to explore new ways of dealing with their development problems. At its annual leaders' summit held in Brazil on July 6 and 7, the group urged new partnerships in pursuit of multilateralism, trade, and development—rather than a world driven by military alliances or ideology. As a loose grouping that includes authoritarian (China, Russia) and democratic (Brazil, India, South Africa) states, BRICS is not unique; the United Nations (UN) and the Commonwealth also comprise autocracies and democracies.

BRICS is not synonymous with a new world order. That unfortunately has been marked by Russia's ongoing invasion of Ukraine, Israel's use of starvation as a tactic in its war against Gaza, and U.S. President Donald Trump's disruptive foreign and economic policies, which have led him to deal with the U.S.'s European allies as enemies while threatening most countries with trade and tariff wars.

MORE STORIES FROM Financial Express Lucknow

Financial Express Lucknow

Trump lavishes praise on Mayor-elect Mamdani at White House meeting

AFTER MONTHS OF trading insults, US President Donald Trump and incoming New York City mayor Zohran Mamdani smiled at each other, swapped compliments and pledged to collaborate on tackling crime and affordability in the nation's biggest city at an unexpectedly friendly meeting at the White House on Friday.

time to read

2 mins

November 23, 2025

Financial Express Lucknow

Kissing has existed for at least 16 million years, scientists say

And humans are far from the only species locking lips

time to read

2 mins

November 23, 2025

Financial Express Lucknow

US court orders Byju to pay over $1 billion for default

Raveendran to appeal, says not allowed to defend

time to read

1 min

November 23, 2025

Financial Express Lucknow

PM: Drug-terror nexus global threat

“THIS POSES A serious challenge to public health, social stability, and global security. It is also a major means of financing terrorism,” he said.

time to read

2 mins

November 23, 2025

Financial Express Lucknow

The carb conundrum

IF YOU FIND homely comfort in a meal of rice, roti, dal and veggies, for all its simplicity and popularity, think again.

time to read

5 mins

November 23, 2025

Financial Express Lucknow

Fashion crimes: Why we dress like lost rockstars

GOLF IS A sport known for silence, discipline, polite clapping, and scorecards that can humble the strongest souls.

time to read

4 mins

November 23, 2025

Financial Express Lucknow

Luggage to flaunt

Offering smart features like USB ports, anti-theft zippers, and more, baggage options for travel are now moving from ‘nice to have’ to ‘must have’

time to read

2 mins

November 23, 2025

Financial Express Lucknow

A compact sedan holds fort in market ruled by SUVs

Dzire outsells all the other sedans combined

time to read

2 mins

November 23, 2025

Financial Express Lucknow

High BP in kids common now

Know how to prevent and tackle the serious issue

time to read

3 mins

November 23, 2025

Financial Express Lucknow

Thinking machines among humans

How a brisk history of AI helps us see the future more clearly

time to read

4 mins

November 23, 2025

Listen

Translate

Share

-
+

Change font size