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.
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.
This story is from the July 10, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
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.
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
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
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.
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.
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.
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’
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
2 mins
November 23, 2025
Financial Express Lucknow
High BP in kids common now
Know how to prevent and tackle the serious issue
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
4 mins
November 23, 2025
Listen
Translate
Change font size

