During the BRICS gathering hosted by India on September 1st, the bloc saw a slight expansion of its voting share within the International Monetary Fund.

The entities involved

• China →

  cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China

  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49
  • The Middle Corridor, linking Central Asia and Europe, is gaining significance in regional trade and energy routes.Mon 17:06
• 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
• International Monetary Fund →

  international financial institution

  • IMF previously warned Cyprus regarding its fiscal policy, and Eni operates petrol stations in Italy.Mon 16:23
  • The International Monetary Fund is a key stakeholder in the economic recovery of Sri Lanka.Mon 15:10

Related events

• India handed over the BRICS chairship to China.Sep 13
• Analysis suggests that China was the primary driver of BRICS growth between 2011 and 2025.Sep 13
• During the BRICS summit hosted by India, concerns are rising about China's growing influence and the potential for it to exploit the Dalai Lama succession issue.Mon 06:21
• The 18th BRICS Summit is currently taking place in New Delhi, where members are calling for significant reforms in the WTO and the IMF.Sep 12
• India supports BRICS development and bloc interests, while China seeks consensus for future BRICS leadership.Jun 24