BRICS members called for restraint in the Middle East while India noted its increased reliance on China due to a doubled trade deficit.

The entities involved

• mainland China →

  geopolitical area under the jurisdiction of the People's Republic of China, excluding Special Administrative Regions

  • HKEX reinforces Hong Kong's role connecting Mainland China. HKEX and Bursa Malaysia collaborate on co-branded benchmarks.Mon 06:23
  • The company sold the Mainland China operations of Pizza Hut in a separate transaction for an aggregate of $2.7 billion. Chris Turner was appointed CEO of Yum! Brands.Mon 04:17
• BRICS →

  association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates

  • Narendra Modi represented India at the BRICS summit, focusing on trade, energy, and defense cooperation.Mon 17:04
  • India hosted the BRICS summit, where talks were held regarding India-China border issues.Mon 14:25
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

• India discussed trade enhancements within the BRICS bloc.Aug 7
• BRICS finance ministers met in Johannesburg, while Kazan named the Cross-Border Payments Initiative, coinciding with India's PM speaking at a global fintech event.Sep 16
• India reported significant growth in exports to China and South Africa, while normalizing ties within the BRICS framework.Sep 21
• India hosts the 18th BRICS Summit in New Delhi, where trade dynamics and deficits are discussed.Sep 9
• BRICS slammed Western trade barriers during the session chaired by India.Sep 12