In this week’s round-up:
- BRICS missed West Asia mediation role, says economist Jeffrey Sachs
- Iran hints at quitting nuclear treaty, plans new deal with BRICS
- Iran war pushes BRICS and Global South towards de-dollarization
- Putin stresses tech collaboration, launches new committee
- Hoping to paper cracks in BRICS over war, New Delhi sends out invitations for FMs’ meet and summit
No more hedging bets: As BRICS chair, India to be cornered to take a stance on West Asia conflict
The upcoming BRICS meetings in May and September will likely force New Delhi to take a stance on the escalating conflict between Iran and the US-Israel partnership, a position India has thus far avoided.
Iran war pushes BRICS and Global South towards de-dollarization
The long-anticipated erosion of dollar dominance is now a work in progress. The latest developments surrounding BRICS Pay and the proposal by the Reserve Bank of India (RBI) to interlink central bank digital currencies (CBDCs) across BRICS nations signal a decisive shift toward financial multipolarity, writes Uriel Araujo.
BRICS missed West Asia mediation role, says economist Jeffrey Sachs
Top American economist and foreign policy expert Prof Jeffrey D Sachs says BRICS countries could have played a stronger role in mediating the ongoing West Asia conflict, but failed to intervene effectively in the negotiation process.
Iran hints at quitting nuclear treaty, plans new deal with BRICS
The possibility of Iran’s withdrawal from the Nuclear Non‑Proliferation Treaty (NPT) is under discussion in Tehran, Anadolu Ajansi (AA) reported, citing an Iranian media report on Saturday.
Putin stresses tech collaboration, launches new committee
Russian President Vladimir Putin calls for stronger tech collaboration with BRICS nations, announcing the formation of a National Committee for Business Cooperation. He urged businesses to participate and highlighted incentives for tech-based investments.
Hoping to paper cracks in BRICS over war, New Delhi sends out invitations for FMs’ meet and summit
According to a number of officials and diplomats, the invitations to the 10-nation grouping, which also includes Iran and the United Arab Emirates, went out in mid-March.
