- The Brazilian Report
- Posts
- 🥱 A summit that could’ve been an email
🥱 A summit that could’ve been an email
Rio’s BRICS summit summed up the bloc’s challenges. Moraes seeks to split the baby in the IOF decree debacle. An elite Congress doesn’t see eye to eye with its voters.
Gustavo Ribeiro
July 07, 2025
BRICS SUMMIT
Mild declaration is statement to BRICS’ diverse interests
Lula speaks to other BRICS leaders. Photo: Ricardo Stuckert/PR
The BRICS summit that concludes today in Rio de Janeiro will leave many wondering whether the bloc’s recent expansion — hailed by some as a leap forward — has only deepened its internal contradictions and has made the group increasingly unwieldy. Bringing together authoritarian regimes, large democracies and everything in between, BRICS has become a study in diverging interests.
Expectations ran high in the lead-up to the gathering, amid the US and Israeli attacks against Iran. Yet the summit fell flat. Chinese President Xi Jinping, Russian leader Vladimir Putin and Iran’s Masoud Pezeshkian all stayed home. To compound matters, organizers sharply limited press access…
🔒 This was a free preview; the rest is behind our paywall
Don’t miss out! Upgrade to unlock full access. The process takes only seconds with Apple Pay or Stripe. Become a member.
Why you should subscribe
We’re here for readers who want to truly understand Brazil and Latin America — a region too often ignored or misrepresented by the international media.
Since 2017, our reporting has been powered by paid subscribers. They’re the reason we can keep a full-time team of 10 journalists across Brazil and Argentina, delivering sharp, independent coverage every day.
If you value our work, subscribing is the best way to keep it going — and growing.
Our annual plan goes for just USD 0.52 a day — but the value you'll get back from it is truly immeasurable. So… what’s stopping you from joining right now?
Reply