BRICS summit opens in New Delhi amid wars, global tensions, tariffs

Live updates

1. 41d ago

   BRICS Nations End New Delhi Summit With 140-Paragraph Declaration

   Prime Minister Narendra Modi closed the 18th BRICS Summit in New Delhi with a unanimous 140-paragraph declaration. The agreement establishes a framework for trade in national currencies and prioritizes economic growth for micro, small, and medium enterprises. The bloc also formally included Iran. These outcomes signal a collective effort by Global South nations to resist Western attempts to isolate Russia and Iran, directly challenging United States influence. While the declaration bridges geopolitical divides, it notably avoids using the term de-dollarization.

   Why it matters

   The summit occurred against a backdrop of global tensions, tariffs, and active wars. The inclusion of Iran and the shift toward national currencies reflect a broader strategic pivot away from Western financial hegemony.

   What to watch next

   • Implementation of trade agreements using national currencies
   • Integration of Iran into BRICS economic frameworks
   Sources used for this update (3)

   1. seekingalpha.com — Weekly Commentary: Walked The Walk
   2. jen.jiji.com — Serie A, today Venezia-Lazio - Live
   3. jen.jiji.com — Louvre, two paintings hung in the Mona Lisa room. Two Germans arrested: "We were joking"
   confidence 100%
2. 42d ago

   India secures unanimous declaration at 18th BRICS Summit

   Prime Minister Narendra Modi concluded the 18th BRICS Summit in New Delhi with a unanimous 140-paragraph declaration. The agreement bridges geopolitical divisions across the Global South and endorses trade in national currencies, though it avoids mentioning de-dollarization. The bloc focused on economic priorities including growth for micro, small, and medium enterprises and the inclusion of Iran. This outcome suggests a collective resistance among Global South nations toward Western efforts to isolate Russia and Iran, challenging the influence of the United States.

   Why it matters

   The summit took place against a backdrop of global tensions, rising oil prices, and trade tariffs. It serves as a barometer for how non-Western powers coordinate economic policy outside of G7 frameworks.

   What is confirmed

   • The 18th BRICS Summit in New Delhi resulted in a unanimous 140-paragraph declaration.
   • The summit declaration endorses trade conducted in national currencies but does not mention de-dollarization.
   • The bloc addressed economic priorities for the Global South, including the inclusion of Iran and support for micro, small, and medium enterprises.

   What to watch next

   • Implementation of trade agreements using national currencies
   • Further expansion of BRICS membership beyond Iran
   • Official diplomatic reactions from the United States regarding the Delhi Declaration
   Sources used for this update (4)

   1. jen.jiji.com — Spider-Man breaks US box office record
   2. jen.jiji.com — Prodi: "Meloni, like Vannacci, wants a weak Europe, EU finished if AfD wins"
   3. jen.jiji.com — Flight chaos in UK, preliminary investigation concluded: no sabotage but a 'one-millisecond' software error
   4. english.mathrubhumi.com — India turns divided BRICS Summit into diplomatic win
   confidence 100%
3. 44d ago

   BRICS Summit Reaches Delhi Declaration Without Mentioning De-Dollarization

   The BRICS summit in New Delhi concluded with the release of the Delhi Declaration, which avoided any mention of de-dollarization while endorsing trade conducted in national currencies. Leaders from the bloc gathered amid global tensions, rising oil prices, and trade tariffs to address the economic priorities of the Global South, including Iran's inclusion and growth for micro, small, and medium enterprises. Analysts note the summit demonstrates that much of the Global South rejects Western efforts to isolate Russia and Iran, signalling a challenge to United States influence.

   Why it matters

   The summit brings together major emerging economies, including Presidents Xi and Putin, under the stated principle that member differences must not harden into disputes. Border peace forms the foundation of future relations according to the group, which emphasizes mutual respect and sensitivity. The gathering highlights a growing diplomatic rift between Western governments seeking to turn Russia and Iran into pariah states and emerging economies forging alternative institutional pathways.

   What is confirmed

   • The Delhi Declaration made no mention of de-dollarization.
   • The Delhi Declaration backed trade in national currencies.

   Still unconfirmed

   • Much of the Global South rejects Western attempts to turn Russia and Iran into pariah states.

   What to watch next

   • Implementation of trade agreements using national currencies among BRICS member states.
   • Subsequent diplomatic reactions from the United States and other Western governments to the Delhi Declaration.
   Sources used for this update (4)

   1. thediplomat.com — India-hosted BRICS Summit Steers Clear of Contentious Moves
   2. jen.jiji.com — FdI, Gennaro Sangiuliano regional coordinator of the party in Campania: "Thanks to Meloni for the trust"
   3. jen.jiji.com — Djokovic returns to the court in Beijing (with Sinner): "Happy to be here"
   4. thediplomat.com — The New Delhi BRICS Summit Sends Powerful Messages to America
   confidence 100%
4. 46d ago

   BRICS Leaders Seek Consensus in New Delhi Amid Global Conflict

   BRICS members gathered in New Delhi for a summit focused on tariffs, global tensions, and development for the Global South. Member nations reached a joint declaration addressing rising oil prices and the inclusion of Iran. President Xi and President Putin are present, with leadership agreeing that differences must not harden into disputes. The group pledged to follow mutual respect, sensitivity, and interests, citing border peace as the foundation for future relations. India continues to prioritize the growth of micro, small, and medium enterprises during the proceedings.

   Why it matters

   The summit occurs while the United States is engaged in a war with Iran. This gathering tests whether the BRICS bloc can maintain a unified front despite varying national interests and external economic pressures.

   Still unconfirmed

   • US President Donald Trump expects the war with Iran to end this year, potentially shortly after the US midterm elections.

   What to watch next

   • The finalization of the joint declaration terms
   • Outcomes of discussions regarding Global South enterprise development
   Sources used for this update (5)

   1. timesofindia.indiatimes.com — US-Iran War Live Updates: 'In interests of consesus' - Iran's regional meeting with Gulf states postponed
   2. www.indiaweekly.biz — India women reject Asia Cup trophy from Pakistan's Mohsin Naqvi
   3. jen.jiji.com — Serie A, today Inter-Udinese 0-0 - Live
   4. www.republicworld.com — Consensus, Xi-Putin Presence, Message to US: Broader Implications of India's BRICS 2026 Amid Wars & Tariff Tensions
   5. www.scmp.com — Global South
   confidence 80%
5. 48d ago

   BRICS Summit Opens in New Delhi Amid Global Tensions

   Leaders from the BRICS bloc have gathered in New Delhi for a summit testing the organization against ongoing wars, global tensions, and tariffs. Ahead of the formal opening, member nations agreed on a joint declaration. The document highlights rising oil prices and brings Iran to the table alongside major powers like China, Russia, and India. Discussions during the opening days also focus heavily on micro, small, and medium enterprises, reflecting India's push for development across the Global South.

   Why it matters

   The summit unfolds against a backdrop of severe geopolitical friction, including active conflicts in the Middle East and economic pressures from global trade tariffs. Hosting the chairship, India has utilized the platform to emphasize trade opportunities and enterprise development. The presence of Iran alongside traditional bloc heavyweights adds strategic weight to energy discussions as oil prices rise.

   What is confirmed

   • BRICS leaders met in India as wars and US tensions test the bloc.
   • BRICS leaders have Iran at the table as oil prices rise.
   • BRICS agreed on a joint declaration before the New Delhi summit.
   • The BRICS summit opened in New Delhi amid wars, global tensions, and tariffs.
   • India used its BRICS chairship to drive focus on MSMEs and their development.
   • China, Russia, and India urged maximum restraint in the Middle East at the summit.
   • The Brics declaration strongly condemned the Pahalgam attack with zero tolerance on terror.

   What to watch next

   • Implementation of the New Delhi joint declaration commitments
   • Further announcements regarding trade frameworks and MSME support
   • Developments on regional security stances from attending member states
   Sources used for this update (12)

   1. economictimes.indiatimes.com — Terror Attack
   2. AP News — BRICS leaders meet in India as wars and US tensions test the bloc
   3. The New York Times — As Oil Prices Rise, BRICS Leaders Have What U.S. Doesn’t: Iran at the Table
   4. Reuters — BRICS agrees on joint declaration before New Delhi summit, sources say
   5. Al Jazeera — BRICS summit opens in New Delhi amid wars, global tensions, tariffs
   6. The Hindu — India uses BRICS chairship to drive focus on MSMEs and their development
   7. dw.com — BRICS declaration urges 'maximum restraint' in Middle East
   8. nbcnews.com — At BRICS summit, China, Russia and India urge ‘maximum restraint’ in Middle East
   9. The Times of India — 'Zero tolerance' on terror: Brics declaration strongly condemns Pahalgam attack
   10. Bloomberg.com — BRICS Countries Call for Maximum Restraint in the Middle East
   11. www.nbcnews.com — At BRICS summit, China, Russia and India urge ‘maximum restraint’ in Middle East
   12. smestreet.in — BRICS 2026 Day 1 Analysis: New Delhi Declaration, Modi's Global South Push and MSME Opportunities
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