From American consumers facing the return of price pressures, to China cementing new Asian trade corridors, to Argentina’s hard-won fight to tame hyperinflation, 2025 is proving a pivotal year for the global economy, Fresh data from official agencies, compiled by Bloomberg, reveals an increasingly fragmented landscape. While some economies maintain their footing, others are navigating headwinds from tariffs, soft demand, and persistent inflation.<h2>US inflation edges higher as tariffs bite</h2>Steep US tariffs are feeding through to consumers after months of relatively subdued price gains. Bloomberg’s latest survey of economists' points to a clear pick-up in June’s core consumer price index (CPI), excluding volatile food and energy.

US Consumer Prices Seen Climbing on Tariffs Pass-Through<figure class="table"><table><tbody><tr><td>Month</td><td>Change in Core CPI (MoM, %)</td><td>Forecast (%)</td></tr><tr><td>Jun 2022</td><td>~0.6</td><td>-</td></tr><tr><td>Sep 2022</td><td>~0.5</td><td>-</td></tr><tr><td>Dec 2022</td><td>~0.3</td><td>-</td></tr><tr><td>Mar 2023</td><td>~0.4</td><td>-</td></tr><tr><td>Jun 2023</td><td>~0.2</td><td>-</td></tr><tr><td>Sep 2023</td><td>~0.2</td><td>-</td></tr><tr><td>Dec 2023</td><td>~0.3</td><td>-</td></tr><tr><td>Mar 2024</td><td>~0.4</td><td>-</td></tr><tr><td>Jun 2024</td><td>~0.1</td><td>-</td></tr><tr><td>Sep 2024</td><td>~0.2</td><td>-</td></tr><tr><td>Dec 2024</td><td>~0.3</td><td>-</td></tr><tr><td>Mar 2025</td><td>~0.2</td><td>-</td></tr><tr><td>May 2025</td><td>~0.1</td><td>-</td></tr><tr><td>Jun 2025</td><td>-</td><td>0.3</td></tr></tbody></table></figure>Source: Bureau of Labor Statistics, Census Bureau, Bloomberg surveyNote: Core CPI excludes food and energy

As per Bloomberg, June 2025’s forecast rise of 0.3 per cent would be the fastest monthly increase in five months. Annual core inflation is also seen accelerating for the first time since January to 2.9 per cent.Economists attribute the uptick to companies passing on higher costs from President Donald Trump’s tariffs on imported goods. Yet the Federal Reserve remains cautious about cutting interest rates too soon, worried that sustained pass-through will keep price pressures alive even as the labour market cools.&nbsp;Policymakers meet again on July 29-30, with many watching closely whether tariffs force more businesses to hike prices despite wary consumers showing spending restraint.<h2>China’s trade pivot deepens ties in Asia</h2>Amid US tariff tensions, China is rapidly strengthening export channels to its Asian neighbours. Data from China’s General Administration of Customs, compiled by Bloomberg, show remarkable growth in shipments to ASEAN and other key partners.

Chinese Exports to Some Asian Nations Soar<figure class="table"><table><tbody><tr><td>Destination</td><td>Exports (12-month trailing average, 2025)</td></tr><tr><td>ASEAN</td><td>~$50 billion</td></tr><tr><td>Vietnam</td><td>~$15 billion</td></tr><tr><td>Malaysia</td><td>~$8 billion</td></tr><tr><td>Thailand</td><td>~$8 billion</td></tr><tr><td>Singapore</td><td>~$8 billion</td></tr><tr><td>Indonesia</td><td>~$8 billion</td></tr><tr><td>Philippines</td><td>~$6 billion</td></tr></tbody></table></figure>Source: China’s General Administration of Customs, BloombergNote: Shows 12-month trailing average

As per Bloomberg, Chinese exports to ASEAN as a bloc have now topped $50 billion on a rolling annual basis, more than doubling since 2020. Vietnam alone has seen shipments climb to about $15 billion, triple its 2020 level.&nbsp;This strategic reorientation is no accident. As the US ratchets up tariffs, threatening duties of up to 50 per cent on metals and other goods, China is solidifying regional supply chains to maintain its manufacturing dominance.&nbsp;Analysts see this as part of a longer-term shift that will reshape global trade flows. Southeast Asia is both a market and a production partner, enabling China to “near-shore” certain stages of manufacturing while blunting tariff risk, as per Bloomberg.&nbsp;<h2>UK growth remains fragile with production slump</h2>Britain’s economy has been lurching from month to month, struggling to find sustained growth in the face of stubborn inflation, elevated borrowing costs and fiscal challenges.

UK Economy Was Dragged Down by Production in May<figure class="table"><table><tbody><tr><td>Month</td><td>GDP (%)</td><td>Services (%)</td><td>Production (%)</td><td>Construction (%)</td></tr><tr><td>May 2024</td><td>0.4</td><td>~0.3</td><td>~0.05</td><td>~0.05</td></tr><tr><td>Jun 2024</td><td>-0.3</td><td>~-0.2</td><td>~-0.1</td><td>~0</td></tr><tr><td>Oct 2024</td><td>~0.3</td><td>~0.25</td><td>~0.05</td><td>~0</td></tr><tr><td>Jan 2025</td><td>~0.1</td><td>~0.1</td><td>~0</td><td>~0</td></tr><tr><td>Mar 2025</td><td>-0.3</td><td>~-0.2</td><td>~-0.1</td><td>~0</td></tr><tr><td>May 2025</td><td>0.1</td><td>~0.15</td><td>~-0.1</td><td>~0</td></tr></tbody></table></figure>Source: UK Office for National Statistics, Bloomberg

According to Bloomberg, in May 2025, GDP grew a meagre 0.1 per cent, with services contributing the only meaningful boost. Production contracted yet again, continuing a pattern of weakness that has plagued British industry since the energy price shocks of 2022.&nbsp;The numbers reflect an economy caught in limbo. While inflation is gradually retreating, headline CPI remains stubbornly above 3 per cent, interest rates remain high, damping business investment and household spending, as reported by Bloomberg.&nbsp;&nbsp;Chancellor Rachel Reeves and Bank of England Governor Andrew Bailey have signalled cautious optimism, but markets remain alert to any further evidence that growth is stagnating even as public finances strain under higher debt servicing costs.<h2>Brazil’s economic streak faces tariff headwinds</h2>Latin America’s largest economy continues to outperform peers, posting its 16th straight quarter of expansion.

Brazil Likely Sustained Current Expansion in May<figure class="table"><table><tbody><tr><td>Period</td><td>IBC-BR GDP-proxy (YoY %)</td></tr><tr><td>Jul 2021</td><td>~5</td></tr><tr><td>Feb 2023</td><td>~6</td></tr><tr><td>Oct 2023</td><td>~7</td></tr><tr><td>Mar 2024</td><td>~4</td></tr><tr><td>Oct 2024</td><td>~3</td></tr><tr><td>May 2025</td><td>~2</td></tr></tbody></table></figure>Source: Central Bank of Brazil, BloombergNote: Average YoY from Jan. 2004 = 2.1%

According to Brazil’s central bank proxy, May’s estimated year-on-year growth of around 2 per cent is slightly below its long-term average of 2.1 per cent but still represents a notable streak, as per Bloomberg.&nbsp;&nbsp;According to Bloomberg, despite this resilience, the outlook is clouded by US trade tensions. President Trump’s threatened 50 per cent tariffs on imported metals could hit Brazil’s key export sectors hard. Analysts warn that a second-half slowdown or even a mild recession can’t be ruled out if such duties take effect.&nbsp;&nbsp;High domestic interest rates, among the highest in emerging markets, are also squeezing credit and consumption. Yet for now, Brazil’s diversified economy and commodity exports have kept growth on track.<h2>Argentina battles back from hyperinflation&nbsp;</h2>Once among the world’s most notorious inflation stories, Argentina has achieved 14 straight months of disinflation thanks to President Javier Milei’s drastic fiscal reforms.

Argentina Annual Inflation Likely Slowed for 14th Month<figure class="table"><table><tbody><tr><td>Month</td><td>Headline CPI (YoY %)</td><td>Monthly CPI (%)</td></tr><tr><td>Peak 2024</td><td>289.4</td><td>-</td></tr><tr><td>May 2025</td><td>~41</td><td>1.5</td></tr><tr><td>June 2025</td><td>39.6 (est.)</td><td>1.8 (est.)</td></tr></tbody></table></figure>Source: Argentina National Statistics Agency, BloombergNote: Average YoY from December 2017

Annual inflation has plummeted from a crisis peak near 290 per cent in 2024 to below 40 per cent in mid-2025. June’s headline CPI is projected at 39.6 per cent, with monthly increases forecast at 1.8 per cent, up slightly from May’s 1.5 per cent, as per Bloomberg.&nbsp;&nbsp;While the pace of disinflation has slowed, the improvement is striking. Milei’s administration slashed subsidies, reduced spending and allowed the peso to weaken, helping stabilise fiscal accounts and crush demand-driven price spirals.&nbsp;Still, economists warn that long-term stability will require not only monetary discipline but also growth-boosting reforms. Argentina remains one of the world’s most volatile economies and the cost of this adjustment has been immense for ordinary citizens.<h2>A world in flux</h2>From the world’s largest economy facing tariff-driven inflation risks, to China remapping its trade routes, to Britain’s struggle for growth, to Latin America’s twin stories of resilience and recovery, the global economy in 2025 is anything but settled.&nbsp;

In 2025, the global economy enters a period of realignment, US tariffs fuel inflation, China retools Asian trade routes, the UK and Brazil face growth hurdles, while Argentina makes rare progress against hyperinflation.

From American consumers facing the return of price pressures, to China cementing new Asian trade corridors, to Argentina’s hard-won fight to tame hyperinflation, 2025 is proving a pivotal year for the global economy, Fresh data from official agencies, compiled by Bloomberg, reveals an increasingly fragmented landscape. While some economies maintain their footing, others are navigating headwinds from tariffs, soft demand, and persistent inflation. US inflation edges higher as tariffs bite Steep US tariffs are feeding through to consumers after months of relatively subdued price gains. Bloomberg’s latest survey of economists' points to a clear pick-up in June’s core consumer price index (CPI), excluding volatile food and energy.

As the global economy fragments in 2025, the US faces rising inflation from Trump-era tariffs, China deepens trade ties across Asia, the UK and Brazil navigate growth challenges, and Argentina sees progress in taming hyperinflation.

US inflation expected to pick up as Trump’s tariffs bite

Indian Prime Minister Narendra Modi on Tuesday (Jul 8) received a grand welcome ceremony by Brazilian President Luiz Inácio Lula da Silva at the Alvorada Palace in Brasília. He was escorted by 114 horses and received full military honours at the Presidential Palace. Following his arrival in Brazil’s capital, PM Modi also enjoyed Indian classical music and traditional Brazilian performance. &nbsp;&nbsp;PM Modi arrived in Brasília on Monday evening, as per local time, after attending the BRICS Summit in Rio de Janeiro. He is visiting the country at the invitation of the Brazilian president. The prime minister was received by Brazil’s Minister of Defence, Jose Mucio Monteiro Filho, at the airport. He was welcomed by artists who performed Ram Bhajan and traditional Brazilian Samba Reggae.&nbsp;Following the ceremony, the two leaders held a restricted-format meeting. They will also be holding delegation-level talks and signing several agreements. PM Modi is also expected to attend a state lunch hosted by the Brazilian president.&nbsp;

<blockquote class="twitter-tweet">PM Modi welcomed with Ram Bhajan at Brazil President Palace. Accompanied by Brazil President Luiz Inácio Lula da Silva. Source: X <a href="https://t.co/yup7JVbos7">pic.twitter.com/yup7JVbos7</a>&mdash; WION (@WIONews) <a href="https://twitter.com/WIONews/status/1942612250206056751?ref_src=twsrc%5Etfw">July 8, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

&nbsp;The Indian prime minister also held bilateral talks with the presidents of Bolivia, Uruguay, Cuba, and Malaysia. He is currently on a visit to the country for the 17th BRICS Summit and a state visit to strengthen India-Brazil ties, marking the first bilateral visit by an Indian Prime Minister to the country in 57 years.&nbsp;In an X post, Lula said, “Today we are welcoming Prime Minister Narendra Modi for a State Visit. In this meeting, we will endorse five priority pillars for joint work over the next decade: Defense and security, Food and nutritional security, Energy transition and climate change, Digital transformation and emerging technologies, Industrial partnerships in strategic sectors such as aerospace, pharmaceuticals, oil and gas, and critical minerals.”&nbsp;He added, “Brazil and India are sister nations, sharing common interests in the development of the Global South.”&nbsp;According to an official statement by the Ministry of External Affairs (MEA), the two leaders also shared views on enhancing cooperation in areas including Ayurveda, Unified Payment Interface (UPI), disaster management, and capacity building.

PM Modi arrived in Brasília on Monday evening, as per local time, after attending the BRICS Summit in Rio de Janeiro. He is visiting the country at the invitation of the Brazilian president. 

Indian Prime Minister Narendra Modi on Tuesday (Jul 8) received a grand welcome ceremony by Brazilian President Luiz Inácio Lula da Silva at the Alvorada Palace in Brasília. He was escorted by 114 horses and received full military honours at the Presidential Palace. Following his arrival in Brazil’s capital, PM Modi also enjoyed Indian classical music and traditional Brazilian performance. PM Modi arrived in Brasília on Monday evening, as per local time, after attending the BRICS Summit in Rio de Janeiro. He is visiting the country at the invitation of the Brazilian president. The prime minister was received by Brazil’s Minister of Defence, Jose Mucio Monteiro Filho, at the airport. He was welcomed by artists who performed Ram Bhajan and traditional Brazilian Samba Reggae. Following the ceremony, the two leaders held a restricted-format meeting. They will also be holding delegation-level talks and signing several agreements. PM Modi is also expected to attend a state lunch hosted by the Brazilian president.

PM Modi arrived in Brasília on Monday evening, as per local time, after attending the BRICS Summit in Rio de Janeiro. He is visiting the country at the invitation of the Brazilian president.&nbsp;

Indian classical music, 114 horses: PM Modi receives grand welcome in Brazil | WATCH

The 17th BRICS Summit is scheduled to take place on July 6-7, 2025, in Rio de Janeiro in Brazil. It will be held at the city's Museum of Modern Art with an emphasis on inclusive and sustainable global south, covering trade, health, digital tech, climate, forest conservation fund and a new investment guarantee mechanism via the New Development Bank (NDB). With the induction of Vietnam, BRICS+ now constitutes 44 per cent of Global GDP and 56 per cent of the world population. With 10 members and 10 partners, BRICS has expanded to 20 countries.<h2>Which countries are in the 17th BRICS summit 2025?</h2>There will be participation from 20 countries in the 17th BRICS summit 2025, with 10 core members and 10 partner countries.Core members: Brazil, Russia, India, China, and South Africa are the founding members. Egypt, Ethiopia, Iran and the United Arab Emirates become members of BRICS on January 1, 2024. Indonesia became a member of BRICS in January 2025.&nbsp;Partners: Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan, and Vietnam are partner nations. Vietnam was the most recent member to be inducted into the BRICS in June 2025.Brazil's President Lula da Silva, India's Prime Minister Narendra Modi, and South African President Cyril Ramaphosa will be present for the 17th BRICS Summit.Both Russian President Vladimir Putin and Chinese President Xi Jinping will not attend the summit in person.<h2>Why will Putin and Xi not join the 17th BRICS Summit?</h2>&nbsp;Putin will participate virtually due to an outstanding arrest warrant, which mandates his arrest if he enters Brazil. Instead, Foreign Minister Sergei Lavrov will be present as Russia's representative. Chinese President will miss the summit for the first time since his Presidential term since assuming power due to a scheduling conflict. Premier LiQang will lead the Chinese delegation for the summit.

The global south-led organisation BRICS expand to 56 per cent of the world population and 44 per cent of the global GDP. BRICS leaders are meeting in Rio, Brazil, on July 6-7 for the 17th BRICS summit. Which countries are part of the 17th BRICS summit in 2025?

The 17th BRICS Summit is scheduled to take place on July 6-7, 2025, in Rio de Janeiro in Brazil. It will be held at the city's Museum of Modern Art with an emphasis on inclusive and sustainable global south, covering trade, health, digital tech, climate, forest conservation fund and a new investment guarantee mechanism via the New Development Bank (NDB). With the induction of Vietnam, BRICS+ now constitutes 44 per cent of Global GDP and 56 per cent of the world population. With 10 members and 10 partners, BRICS has expanded to 20 countries. Which countries are in the 17th BRICS summit 2025? There will be participation from 20 countries in the 17th BRICS summit 2025, with 10 core members and 10 partner countries. Core members: Brazil, Russia, India, China, and South Africa are the founding members. Egypt, Ethiopia, Iran and the United Arab Emirates become members of BRICS on January 1, 2024. Indonesia became a member of BRICS in January 2025. Partners: Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan, and Vietnam are partner nations. Vietnam was the most recent member to be inducted into the BRICS in June 2025. Brazil's President Lula da Silva, India's Prime Minister Narendra Modi, and South African President Cyril Ramaphosa will be present for the 17th BRICS Summit. Both Russian President Vladimir Putin and Chinese President Xi Jinping will not attend the summit in person. Why will Putin and Xi not join the 17th BRICS Summit? Putin will participate virtually due to an outstanding arrest warrant, which mandates his arrest if he enters Brazil. Instead, Foreign Minister Sergei Lavrov will be present as Russia's representative. Chinese President will miss the summit for the first time since his Presidential term since assuming power due to a scheduling conflict. Premier LiQang will lead the Chinese delegation for the summit.

The global south-led organisation BRICS expand to 56 per cent of the world population and 44 per cent of the global GDP. BRICS leaders are meeting in Rio, Brazil, on July 6-7 for the 17th BRICS summit. Which countries are part of the 17th BRICS summit in 2025?

44% of global GDP, 56% of world population: Which countries are part of the 17th BRICS summit in 2025?

A Brazilian tourist who fell into an active volcano during a hike in Indonesia was found dead by rescue workers. Juliana, a 26-year-old pole dancer, was on a trip to Southeast Asia and had already traversed through Thailand, Vietnam and the Philippines. In Indonesia, she joined a hiking group and went up Mount Rinjani, Indonesia's second-largest volcano. Here she got separated from the group and plunged hundreds of feet into the abyss. Videos showing Juliana alive and moving were released, giving hope to her family members. However, it took the rescue teams almost four days to reach her, and by that time, it was too late. Her parents are accusing the authorities in Brazil and Indonesia of not doing enough on time. Juliana's family was reportedly shown videos of rescue teams taking food, water and warm clothing to her, which were fake and AI-generated."After four days of work, hindered by adverse weather, terrain and visibility conditions in the region, teams from Indonesia's Search and Rescue Agency found the body of the Brazilian tourist," a statement from the Brazilian government read.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/trending/-and-their-jaws-drop-first-neuralink-patient-shares-how-he-draws-using-just-his-mind-1750767712176">'And their jaws drop...': First Neuralink patient shares how he draws using just his mind</a>&nbsp;The family says they urged rescue officials to work faster to save Juliana. Her sister said officials misled them with fake videos of rescue teams reaching Juliana. "All the videos that were made are lies, including the one of the rescue arriving at her. The video was forged to look like that, along with this message associated with it. We even celebrated. It was a shock to find out that it was a lie," Mariana said.Her father, Manoel Marins, told Brazil's TV Globo before leaving for Indonesia that there has been a lack of communication between Indonesian and Brazilian authorities. He alleged at the time that officials don't know where she is and they haven't reached her. "She hasn't received water, she hasn't received food. She's been alone for more than 36 hours, and it seems like they don't even know where she is now," he said.&nbsp;<h2>Juliana got separated from a group of hikers</h2>&nbsp;Juliana had paid $150 to join six tourists and a tour guide on the active volcano located on Lombok Island. She faced problems on the hike and was left behind by the tour guide, her sister Mariana told Brazilian news magazine Fantastico. Mariana said the park told them about what had happened. "We found out about this after contacting people who work at the park. Juliana was in this group, but she got very tired and asked to stop for a while. They kept going, and the guide didn't stay with her," she said.Her sister further said that she was lost and didn't know where to go, what to do. The guide returned when he saw Juliana had still not joined them back, and found that she had fallen into the abyss. However, the guide, identified as Ali Musthofa, told Brazilian outlet O Globo that he never left Juliana, but waited for her."I looked for her at the last resting place, but I couldn't find her. I told her I would wait for her ahead. I told her to rest," he said. He then saw the light of a flashlight in a ravine about 150 meters deep and heard Juliana's voice calling for help. Musthofa told Juliana to wait for help.&nbsp; &nbsp;

Julianas family was reportedly shown videos of rescue teams taking food, water and warm clothing to her, which were fake and AI-generated. Why did the officials trick them into believing she had been saved

A Brazilian tourist who fell into an active volcano during a hike in Indonesia was found dead by rescue workers. Juliana, a 26-year-old pole dancer, was on a trip to Southeast Asia and had already traversed through Thailand, Vietnam and the Philippines. In Indonesia, she joined a hiking group and went up Mount Rinjani, Indonesia's second-largest volcano. Here she got separated from the group and plunged hundreds of feet into the abyss. Videos showing Juliana alive and moving were released, giving hope to her family members. However, it took the rescue teams almost four days to reach her, and by that time, it was too late. Her parents are accusing the authorities in Brazil and Indonesia of not doing enough on time. Juliana's family was reportedly shown videos of rescue teams taking food, water and warm clothing to her, which were fake and AI-generated. "After four days of work, hindered by adverse weather, terrain and visibility conditions in the region, teams from Indonesia's Search and Rescue Agency found the body of the Brazilian tourist," a statement from the Brazilian government read. Also Read: 'And their jaws drop...': First Neuralink patient shares how he draws using just his mind The family says they urged rescue officials to work faster to save Juliana. Her sister said officials misled them with fake videos of rescue teams reaching Juliana. "All the videos that were made are lies, including the one of the rescue arriving at her. The video was forged to look like that, along with this message associated with it. We even celebrated. It was a shock to find out that it was a lie," Mariana said. Her father, Manoel Marins, told Brazil's TV Globo before leaving for Indonesia that there has been a lack of communication between Indonesian and Brazilian authorities. He alleged at the time that officials don't know where she is and they haven't reached her. "She hasn't received water, she hasn't received food. She's been alone for more than 36 hours, and it seems like they don't even know where she is now," he said. Juliana got separated from a group of hikers Juliana had paid $150 to join six tourists and a tour guide on the active volcano located on Lombok Island. She faced problems on the hike and was left behind by the tour guide, her sister Mariana told Brazilian news magazine Fantastico. Mariana said the park told them about what had happened. "We found out about this after contacting people who work at the park. Juliana was in this group, but she got very tired and asked to stop for a while. They kept going, and the guide didn't stay with her," she said. Her sister further said that she was lost and didn't know where to go, what to do. The guide returned when he saw Juliana had still not joined them back, and found that she had fallen into the abyss. However, the guide, identified as Ali Musthofa, told Brazilian outlet O Globo that he never left Juliana, but waited for her. "I looked for her at the last resting place, but I couldn't find her. I told her I would wait for her ahead. I told her to rest," he said. He then saw the light of a flashlight in a ravine about 150 meters deep and heard Juliana's voice calling for help. Musthofa told Juliana to wait for help.

Juliana's family was reportedly shown videos of rescue teams taking food, water and warm clothing to her, which were fake and AI-generated. Why did the officials trick them into believing she had been saved?&nbsp;

'All videos were lie': Family of Brazilian woman who died inside active volcano says they were tricked with AI videos

Vietnam joins BRICS as partner country: Here’s why its inclusion matters&nbsp;SOURCE: https://brics.br/en/news/vietnam-joins-brics-as-a-partner-country&nbsp;In a significant development, Vietnam has been formally admitted as a partner country of the BRICS grouping. The announcement was made by the Government of Brazil on Saturday (June 13). Brazil currently holds the rotating presidency of BRICS, in its capacity as pro tempore Chair.&nbsp;<h2>Vietnam becomes 10th partner country</h2>According to the BRICS, Vietnam becomes the tenth nation to join the BRICS as a partner country, following Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda, and Uzbekistan.&nbsp;&nbsp;The partner country framework was first introduced during the 16th BRICS Summit held in Kazan, Russia, in October 2024.<h2>Why is Vietnam important?</h2>Vietnam's entry holds particular significance due to its strategic position in Asia and its robust economy deeply integrated into global value chains. Home to nearly 100 million people, Vietnam shares key values and priorities with the BRICS community, including the pursuit of a more equitable and representative international order.&nbsp;&nbsp;The country’s strong advocacy for South-South cooperation (technical cooperation among developing countries in the Global South) and sustainable development aligns with the objectives of BRICS.&nbsp;As BRICS continues to evolve beyond its original five-member structure — Brazil, Russia, India, China, and South Africa — the inclusion of countries like Vietnam shows the bloc’s effort to support emerging voices from the Global South.<h2>Understanding the role of member and partner countries</h2>There are two participation categories at the BRICS: members and partners. The eleven members are Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, Saudi Arabia, South Africa, and the United Arab Emirates. They participate in all meetings, where the decision-making process is based on consensus.&nbsp;On the other hand, partner countries are generally invited to participate in the BRICS Chancellors and Leaders Summit. However, they can also be present in other meetings if there is consensus among the members.&nbsp;Throughout 2024, over 30 countries expressed interest in participating in the BRICS, either as members or partners.&nbsp;Prime Minister Narendra Modi had also visited Russia at the invitation of Russian President Vladimir Putin from October 22-23, 2024, to attend the 16th BRICS Summit in Kazan.&nbsp;The BRICS is currently composed of eleven countries. Its five original members are&nbsp;Brazil, China, India, Russia, and South Africa, and six new members were admitted in 2024-2025 — Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the United Arab Emirates.&nbsp;

Vietnam becomes the tenth nation to join the BRICS as a partner country, following Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda, and Uzbekistan. 

Vietnam joins BRICS as partner country: Here’s why its inclusion matters SOURCE: https://brics.br/en/news/vietnam-joins-brics-as-a-partner-country In a significant development, Vietnam has been formally admitted as a partner country of the BRICS grouping. The announcement was made by the Government of Brazil on Saturday (June 13). Brazil currently holds the rotating presidency of BRICS, in its capacity as pro tempore Chair. Vietnam becomes 10th partner country According to the BRICS, Vietnam becomes the tenth nation to join the BRICS as a partner country, following Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda, and Uzbekistan. The partner country framework was first introduced during the 16th BRICS Summit held in Kazan, Russia, in October 2024. Why is Vietnam important? Vietnam's entry holds particular significance due to its strategic position in Asia and its robust economy deeply integrated into global value chains. Home to nearly 100 million people, Vietnam shares key values and priorities with the BRICS community, including the pursuit of a more equitable and representative international order. The country’s strong advocacy for South-South cooperation (technical cooperation among developing countries in the Global South) and sustainable development aligns with the objectives of BRICS. As BRICS continues to evolve beyond its original five-member structure — Brazil, Russia, India, China, and South Africa — the inclusion of countries like Vietnam shows the bloc’s effort to support emerging voices from the Global South. Understanding the role of member and partner countries There are two participation categories at the BRICS: members and partners. The eleven members are Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, Saudi Arabia, South Africa, and the United Arab Emirates. They participate in all meetings, where the decision-making process is based on consensus. On the other hand, partner countries are generally invited to participate in the BRICS Chancellors and Leaders Summit. However, they can also be present in other meetings if there is consensus among the members. Throughout 2024, over 30 countries expressed interest in participating in the BRICS, either as members or partners. Prime Minister Narendra Modi had also visited Russia at the invitation of Russian President Vladimir Putin from October 22-23, 2024, to attend the 16th BRICS Summit in Kazan. The BRICS is currently composed of eleven countries. Its five original members are Brazil, China, India, Russia, and South Africa, and six new members were admitted in 2024-2025 — Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the United Arab Emirates.

Vietnam becomes the tenth nation to join the BRICS as a partner country, following Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda, and Uzbekistan.&nbsp;

Vietnam joins BRICS as partner country: Here’s why its inclusion matters

Brazil were held to a lackluster goalless draw against Ecuador in coach Carlo Ancelotti's World Cup qualifying debut with the team on Thursday. &nbsp;&nbsp;The five-times World Cup winners are still in the hunt to qualify for next year's tournament but will have their work cut out after a performance that produced just a handful of shots on goal.&nbsp;The Brazilians are in fourth place in the South American qualifiers with three matches remaining.&nbsp;They face Paraguay on Tuesday in Sao Paolo, when a win and some favorable results from other teams will see them through. &nbsp;&nbsp;Sixty-five-year-old &nbsp;Ancelotti recently joined Brazil from a celebrated stint at Real Madrid.Long-suffering Brazil fans are hoping he could breathe new life into a side coming off a string of disappointing results and performances unworthy of their storied past.&nbsp;The Italian coach replaced Dorival Junior, who was sacked at the end of March after the 4-1 thrashing at the hands of reigning champions and bitter rivals Argentina.<h2>Yamal, Williams dazzle as Spain beat France in nine-goal thriller</h2>Spain starlets Lamine Yamal and Nico Williams dazzled as La Roja beat France 5-4 in a thriller in Stuttgart on Thursday, to set up a Nations League final with Portugal.&nbsp;Yamal bagged a brace while Williams scored and provided an assist as the two wingers cut France's makeshift defence to ribbons.&nbsp;Mikel Merino and Pedri were also on the scoresheet for the Euro 2024 champions.Kylian Mbappe netted a second-half penalty, but Spain were 5-1 up and cruising, before Les Bleus suddenly woke up as their opponents took their foot off the pedal.&nbsp;France's three late goals -- a Rayan Cherki screamer, a Spain own goal and a stoppage time strike from Randal Kolo Muani -- were not enough.Yamal, still just 17, said Spain “deserved to win.”&nbsp;Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

Brazil were held to a lackluster goalless draw against Ecuador in coach Carlo Ancelotti World Cup qualifying debut with the team on Thursday.

Brazil were held to a lackluster goalless draw against Ecuador in coach Carlo Ancelotti's World Cup qualifying debut with the team on Thursday. The five-times World Cup winners are still in the hunt to qualify for next year's tournament but will have their work cut out after a performance that produced just a handful of shots on goal. The Brazilians are in fourth place in the South American qualifiers with three matches remaining. They face Paraguay on Tuesday in Sao Paolo, when a win and some favorable results from other teams will see them through. Sixty-five-year-old Ancelotti recently joined Brazil from a celebrated stint at Real Madrid. Long-suffering Brazil fans are hoping he could breathe new life into a side coming off a string of disappointing results and performances unworthy of their storied past. The Italian coach replaced Dorival Junior, who was sacked at the end of March after the 4-1 thrashing at the hands of reigning champions and bitter rivals Argentina. Yamal, Williams dazzle as Spain beat France in nine-goal thriller Spain starlets Lamine Yamal and Nico Williams dazzled as La Roja beat France 5-4 in a thriller in Stuttgart on Thursday, to set up a Nations League final with Portugal. Yamal bagged a brace while Williams scored and provided an assist as the two wingers cut France's makeshift defence to ribbons. Mikel Merino and Pedri were also on the scoresheet for the Euro 2024 champions. Kylian Mbappe netted a second-half penalty, but Spain were 5-1 up and cruising, before Les Bleus suddenly woke up as their opponents took their foot off the pedal. France's three late goals -- a Rayan Cherki screamer, a Spain own goal and a stoppage time strike from Randal Kolo Muani -- were not enough. Yamal, still just 17, said Spain “deserved to win.” Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

Brazil were held to a lackluster goalless draw against Ecuador in coach Carlo Ancelotti's World Cup qualifying debut with the team on Thursday.

2026 FIFA World Cup Qualifiers: Brazil draw against Ecuador on coach Carlo Ancelotti's debut

Brazil fights bird flu outbreak with emergency measures and has confirmed its first commercial farm case.

Brazil battles bird flu outbreak with emergency measures

Brazilian police thwart a bomb attack plot targeting Lady Gaga's concert, arresting two individuals linked to a hate group. The suspects allegedly posed as members of the singer's fan club to recruit accomplices.

Brazil: Police foil bomb plot targeting packed Lady Gaga concert in Rio

Lady Gaga concert attack foiled: Brazilian police arrest suspects

Sao Paulo battles the climate crisis with deadly storms, extreme heat, and disrupted economy. Experts link the city's new climate reality to climate change and urbanization, sparking concerns for the future.

From drizzle to disaster: Sao Paulo's weather turns deadly

Armed with brushes and paint, volunteers touch up houses left standing after devastating floods last year that killed nearly 200 people and displaced half a million in the Brazilian city of Porto Alegre.

An Year After Its Worst Floods, Brazil's Porto Alegre Fears Next Flood

Brazil is leading the charge in reviving the global chocolate industry, which is facing a severe supply shortage and rising prices.&nbsp;
Moises Schmidt, a cocoa grower and entrepreneur in Bahia state, is leading the development of what could become the world&rsquo;s largest cocoa farm. &nbsp;&nbsp;
He has secured preliminary backing from major cocoa traders and chocolate manufacturers. &nbsp;&nbsp;
&lsquo;We started producing cocoa looking for an alternative that would add to the fruit production that the group already wanted. However, at that time cocoa production needed shade and we began to understand a little the dynamics and the technical issues of cocoa. We began to identify that cocoa in full sun had a better response, the tree grew faster. It started producing fruit much earlier, producing more,&rsquo; Schmidt said while speaking to Reuters.&nbsp;
<h2>Cocoa crisis hits global chocolate supply&nbsp;</h2>
The project comes at a critical time&mdash;cocoa production in West Africa, which supplies 70 per cent of the world&rsquo;s beans, is stagnating. &nbsp;Meanwhile, global demand for chocolate continues to rise, creating urgent pressure to find new, high-yield sources of cocoa.&nbsp;
&lsquo;In Brazil, today, we've reached the conclusion that if you want to reach a production above 1,6 million tons of cocoa, you need at least 500 thousand hectares of cocoa plantations in non-traditional areas, like the ones you are seeing here. This production, in my point of view, will only cover a drop of the production of countries in Africa that are stagnating at the moment,&rsquo; he said.&nbsp;
The implications of this megafarm are significant. &nbsp;If successful, it would not only make Brazil a key player in the global cocoa market but also set a new benchmark for sustainable, high-efficiency cocoa production. &nbsp;&nbsp;
With global chocolate makers seeking reliable supply chains amid mounting climate and disease pressures in West Africa, this project could reshape where&mdash;and how&mdash;cocoa is grown.&nbsp;

Business Economy, Brazil is leading the charge in reviving the global chocolate industry, which is facing a severe supply shortage and rising prices.

Brazil is leading the charge in reviving the global chocolate industry, which is facing a severe supply shortage and rising prices. Moises Schmidt, a cocoa grower and entrepreneur in Bahia state, is leading the development of what could become the world’s largest cocoa farm. He has secured preliminary backing from major cocoa traders and chocolate manufacturers. ‘We started producing cocoa looking for an alternative that would add to the fruit production that the group already wanted. However, at that time cocoa production needed shade and we began to understand a little the dynamics and the technical issues of cocoa. We began to identify that cocoa in full sun had a better response, the tree grew faster. It started producing fruit much earlier, producing more,’ Schmidt said while speaking to Reuters. Cocoa crisis hits global chocolate supply The project comes at a critical time—cocoa production in West Africa, which supplies 70 per cent of the world’s beans, is stagnating. Meanwhile, global demand for chocolate continues to rise, creating urgent pressure to find new, high-yield sources of cocoa. ‘In Brazil, today, we've reached the conclusion that if you want to reach a production above 1,6 million tons of cocoa, you need at least 500 thousand hectares of cocoa plantations in non-traditional areas, like the ones you are seeing here. This production, in my point of view, will only cover a drop of the production of countries in Africa that are stagnating at the moment,’ he said. The implications of this megafarm are significant. If successful, it would not only make Brazil a key player in the global cocoa market but also set a new benchmark for sustainable, high-efficiency cocoa production. With global chocolate makers seeking reliable supply chains amid mounting climate and disease pressures in West Africa, this project could reshape where—and how—cocoa is grown.

Can Brazil save chocolate? One farm thinks so

As the global chocolate industry faces a severe supply shortage, a bold new initiative is emerging in Brazil. Moises Schmidt, a cocoa grower and entrepreneur in Bahia state, is leading the development of what could become the world’s largest cocoa farm.

Brazilian farmer plans world’s largest cocoa farm

Former Brazilian President Jair Messias Bolsonaro is recovering in intensive care after undergoing surgery for an intestinal blockage linked to a 2018 stabbing he walked briefly in the hospital and is said to be in stable condition with no complications. Watch in for more details!

Brazilian President Polsonaro walks in hospital corridor after surgery

Brazil's ex-president Bolsonaro shares recovery footage from intensive care after 12-hour surgery

In Brazil's Rio, Yoga has got a fiery twist, it's called pet yoga. During these sessions, rescue animals mingle with participants and often pick their future humans. Watch this report to know more!

Pets choose their adopting humans in Brazil Yoga class

Thousands of Indigenous people from across Brazil are rallying in the nation's capital this week to demand protection for their land rights, fighting legislation that could make it impossible for some tribes to reclaim territory they were forced to leave.

Indigenous groups rally in Brasilia against land law

Glitz and glamour took center stage at the 30th edition of São Paulo Fashion Week, where top Brazilian designers, including Normando, debuted their latest collections. As the event runs through April 10, Brazil continues to shine as a rising force in the global fashion scene. Here's a look at the highlights and trends.

Sao Paulo Fashion Week showcases Brazil’s stylish rise

Former Brazilian President Jair Bolsonaro led a rally Sunday in support of an amnesty law that could free him from criminal charges and eliminate the prison sentences of dozens of supporters who stormed the nation’s congress two years ago to protest the election of his successor, Luis Inacio Lula da Silva.

Brazil: Ex-president addresses 15,000 supporters in Sao Paulo

Brazil's Supreme Court has ordered a trial against the former President, Jair Bolsonaro, on charges of attempting a coup after his 2022 election defeat. Bolsonaro has never publicly acknowledged his defeat in the 2022 presidential elections. In January 2023, Bolsonaro supporters stormed the capital city of Brasília, refusing to accept the inauguration of the new president, Lula da Silva. And just before the court hearing, Bolsonaro staged a show of strength by calling a beachfront rally in Rio de Janeiro in an effort to put pressure on Congress to pass an amnesty bill favoring him and his jailed supporters. Watch in for more details!

Brazil: Bolsonaro faces 12 years in prison upon conviction

Brazil: Former president Bolsonaro ordered to stand trial for attempted coup

Brazil has announced a major tax exemption to put more money in the hands of its people—but will it be enough to lift consumer confidence? As inflation bites and economic sentiment weakens, President Lula Da Silva is betting on tax relief to regain public support.

Brazil raises income tax exemption to $881

The Rio Carnival is in full swing, lighting up the streets with electrifying samba, breathtaking costumes, and massive, colorful floats. As the festival enters its fifth day, high-energy performances continue to mesmerize crowds, leading up to the grand Champions' Parade on Saturday. Don't miss the spectacle!

Rio carnival shines with samba, spectacle, and stunning floats

Belo Horizonte’s vibrant Carnival took a spiritual turn as revelers honored Lord Krishna through the Afro-Brazilian-inspired ‘Pena de Pavao de Krishna’ procession. The streets came alive with color, music, and devotion as Indian and Brazilian traditions beautifully merged, celebrating unity through dance and spirituality.

Indian spirituality meets Brazilian carnival as Krishna takes center stage

Brazilians are embracing the wild and messy fun of Paraty’s Mud Carnival, a unique tradition that began in 1986 when teenagers started playing in the mud. Now a major event, the festival combines lively parades with eccentric street parties, attracting thousands of revelers covered head to toe in mud.

Brazil’s mud carnival in Paraty blends tradition and festivity

Former Brazilian President Jair Bolsonaro has been charged by prosecutors over an alleged coup plot to poison his successor. The charges come after a two-year police investigation. Watch in for more details!

Brazil charges former President Bolsonaro in alleged coup plot

Rio De Janeiro residents and tourists are facing scorching temperatures as the city's crowded pre-carnival street parties swung into full gear. . .

The municipality's Rio alert system recorded 44 degrees Celsius in the west of the city,---

Which is the highest temperature on record since 2014

Carnival revelers battle record heat in Rio

More playtime, improved focus, and happier kids? That's the potential outcome of Brazil's nationwide school cellphone ban. This video showcases the positive changes seen in Rio de Janeiro schools after the ban was implemented.

Nationwide phone ban in Brazilian schools

Brazilian Air Force intercepted and shot down a plane suspected of drug trafficking after it ignored repeated orders to land. The wreckage contained illegal drugs, located by the recovery team. Authorities are investigating the origin and destination of the aircraft.

Brazil shoots down suspected drug plane, recovers illegal cargo

A court has postponed the start of classes for thousands of schools in southern Brazil, as a heatwave threatens temperatures of up to 40 degrees Celsius...

Brazil: 700,000 students affected by heatwave

Brazil is facing an intense heatwave, driving thousands to Rio’s beaches even at night to escape the scorching temperatures. Forecasters warn that the extreme heat will persist in the coming days.

Scorching heatwave sends Brazilians flocking to Rio’s beaches as temperatures soar

brazil

Brazil, News on Brazil, stories on Brazil, articles on Brazil, Brazil stories at Wion, Brazil news, Brazil latest news