IBOV 176,723.62 ▼ 0.46% IPSA 10,916.70 ▼ 0.84% IPC MEX 66,247.47 ▼ 1.56% MERVAL 3,319,522 — 0.00% COLCAP 2,283.28 ▼ 0.60% BVL PERÚ 57,575.02 — — USD/BRL5.08▼ 0.03% USD/MXN17.48▼ 0.24% USD/CLP944.79▼ 0.12% USD/COP3,197▼ 0.58% USD/PEN3.40▲ 0.11% USD/ARS1,488▼ 0.05% USD/UYU40.14▲ 1.38% USD/PYG6,025▲ 1.32% USD/BOB11.03▲ 3.10% USD/DOP58.04▼ 0.19% USD/CRC451.03▲ 2.19% USD/GTQ7.62▲ 2.30% USD/HNL26.74▲ 0.80% USD/NIO36.62▲ 0.26% USD/VES740.37▲ 0.46% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.17% EUR/BRL5.78▲ 0.11% BRENT 91.78 ▼ 8.85% WTI 89.52 ▼ 2.90% IRON ORE 161.91 — — COPPER 6.36 ▲ 0.86% GOLD 4,059 ▲ 0.31% SILVER 58.73 ▲ 1.60% SOY 1,244 ▲ 0.48% CORN 484.75 ▲ 4.47% WHEAT 689.00 ▼ 1.04% COFFEE 311.55 ▲ 0.69% SUGAR 14.58 ▼ 0.75% ORANGE JUICE 145.50 ▼ 3.19% COTTON 80.44 ▲ 0.75% COCOA 5,313 ▲ 0.23% BEEF 221.48 ▼ 0.77% CATTLE 340.13 ▼ 0.31% LITHIUM 69.02 ▲ 0.03% PETR4 42.95 ▲ 0.87% VALE3 75.68 ▲ 0.77% ITUB4 42.56 ▼ 0.79% BBDC4 18.72 ▼ 1.32% ABEV3 15.92 ▼ 1.30% BBAS3 20.93 ▼ 0.76% B3SA3 15.65 ▼ 1.57% WEGE3 45.67 ▼ 2.29% PRIO3 60.54 ▲ 1.29% SUZB3 42.43 ▼ 0.54% RENT3 37.14 — 0.00% AZZA3 17.05 ▼ 4.27% CSAN3 3.90 ▼ 0.51% RAIZ4 0.27 — 0.00% PCAR3 2.87 ▲ 4.36% GMAT3 3.87 ▼ 1.02% PSSA3 55.18 ▼ 0.49% CVCB3 1.31 ▲ 3.15% POSI3 3.67 ▼ 0.81% SLCE3 13.77 ▼ 1.36% NATU3 8.56 ▼ 1.38% BRKM5 6.17 ▲ 1.65% RANI3 7.93 ▼ 0.88% CSNA3 5.30 ▼ 1.49% CMIN3 5.83 ▼ 0.17% USIM5 8.49 ▼ 1.85% GGBR4 24.06 — 0.00% ENEV3 25.70 ▼ 1.04% CPFE3 46.22 ▼ 1.05% CMIG4 11.19 ▼ 0.18% EQTL3 39.02 ▼ 0.84% LREN3 13.37 ▼ 1.26% VIVT3 34.70 ▼ 1.92% RAIL3 13.96 ▲ 2.35% KLABIN 17.66 ▼ 1.51% RAIA DROGASIL 18.19 ▼ 0.55% RDOR3 33.67 ▼ 2.38% HAPV3 10.47 ▼ 8.08% FLRY3 16.58 ▼ 0.42% SMTO3 15.71 ▼ 2.12% UGPA3 33.39 ▲ 1.71% VBBR3 35.60 ▲ 1.77% BBSE3 42.40 ▼ 0.42% BPAC11 56.30 ▼ 1.26% CURY3 29.62 ▼ 1.92% AERI3 2.02 ▼ 1.46% VIVARA 21.45 ▼ 0.46% COMPASS 25.08 ▲ 1.09% VAMOS 3.21 ▼ 0.62% SANB11 26.63 ▼ 1.19% ASAI3 8.02 ▼ 4.52% SBSP3 29.00 ▼ 0.99% WALMEX 47.27 ▼ 2.84% GMEXICO 208.35 ▼ 3.10% FEMSA 222.31 ▼ 2.38% CEMEX 21.48 ▼ 3.11% GFNORTE 189.00 ▼ 1.37% BIMBO 59.08 ▼ 2.02% TELEVISA 9.79 ▼ 0.31% AMX 22.84 ▲ 0.66% GAP 375.37 ▼ 0.36% ASUR 269.84 ▼ 1.35% OMA 227.18 ▼ 0.66% KOF 179.34 ▼ 1.81% GRUMA 268.11 ▼ 4.40% KIMBER 39.20 ▲ 0.98% SQM-B 65,499 ▲ 0.68% COPEC 6,260 ▼ 4.43% BSANTANDER 80.00 ▲ 0.19% FALABELLA 6,058 ▲ 0.26% ENELAM 85.00 ▲ 0.56% CENCOSUD 1,968 ▼ 2.08% CMPC 1,051 ▼ 1.78% BANCO CHILE 190.72 ▼ 1.44% LATAM AIR 23.50 ▼ 2.45% YPF 82,475 ▼ 0.03% GGAL 7,945 ▼ 3.99% PAMPA 5,630 ▲ 0.09% TXAR 679.00 ▲ 1.65% ALUAR 982.50 ▲ 0.87% TGS 9,995 ▲ 0.91% CEPU 2,420 ▲ 0.37% MIRGOR 16,725 ▼ 1.18% COME 42.53 ▼ 1.41% LOMA NEGRA 3,778 ▼ 0.85% BYMA 292.50 ▼ 1.02% TELECOM ARG 4,325 ▼ 2.15% ECOPETROL 16.33 ▼ 2.16% BANCOLOMBIA 86.79 ▲ 2.52% GRUPO AVAL 4.93 ▼ 2.18% CREDICORP 387.63 ▼ 1.53% SOUTHERN COPPER 182.22 ▼ 6.78% BUENAVENTURA 31.32 ▼ 2.40% MERCADOLIBRE 1,799 ▼ 0.03% NUBANK 14.19 ▼ 2.21% XP 16.83 ▼ 2.72% PAGSEGURO 9.46 ▼ 2.17% STONE 10.98 ▼ 3.35% GLOBANT 30.61 ▼ 0.20% TECNOGLASS 43.75 ▼ 3.26% GAP AIRPORT 215.45 ▼ 0.96% ASUR 269.84 ▼ 1.35% OMA AIRPORT 104.14 ▼ 1.15% AMX ADR 25.95 ▼ 0.65% FEMSA ADR 127.08 ▼ 2.93% CEMEX ADR 12.26 ▼ 3.62% PETROBRAS ADR 19.00 ▲ 0.58% VALE ADR 14.83 ▼ 0.13% ITAU ADR 8.35 ▼ 1.53% SANTANDER BR 5.36 ▼ 1.74% AMBEV ADR 3.09 ▼ 1.47% CSN 1.06 ▼ 2.75% GERDAU 4.77 — 0.00% LATAM ADR 49.79 ▼ 2.87% BTC 65,027 ▼ 0.03% ETH 1,883 ▲ 0.34% SOL 75.16 ▼ 0.92% XRP 1.10 ▼ 0.31% BNB 566.08 ▼ 0.15% ADA 0.17 ▼ 1.20% DOGE 0.07 ▲ 0.47% AVAX 6.25 ▼ 0.19% LINK 8.45 ▼ 0.20% DOT 0.80 ▼ 1.51% LTC 46.35 ▼ 1.23% BCH 210.16 ▼ 0.91% TRX 0.33 ▲ 0.79% XLM 0.18 ▲ 0.16% HBAR 0.07 ▼ 0.94% NEAR 1.88 ▼ 0.08% ATOM 1.39 ▼ 1.98% AAVE 95.66 ▲ 0.65% SELIC 14.25% EMBRAER 83.40 ▼ 0.47% EMBRAER ADR 65.47 ▼ 0.88% JBS 12.13 ▼ 0.98% JBS BDR 61.82 ▲ 0.03% MBRF3 15.59 ▼ 2.74% MBRFY 3.09 ▼ 3.13% INTER 5.46 ▼ 4.04% EGX 53,932 ▼ 0.11% USD/ZAR16.85▲ 0.17% USD/NGN 1,366 — 0.00% NIKKEI 64,611 ▼ 2.73% CSI300 4,649 ▼ 1.67% HSI 24,963 ▼ 0.98% NIFTY 23,767 ▼ 0.43% KOSPI 6,691 ▼ 5.72% JCI 6,196 ▼ 1.88% USD/JPY163.83▼ 0.02% USD/CNY6.76▼ 0.14% DAX 24,934 ▲ 0.69% CAC 8,325 ▲ 0.31% FTSE 10,657 ▲ 0.17% MIB 51,630 ▲ 0.61% IBEX 19,434 ▲ 0.86% STOXX 641.42 ▲ 0.34% EUR/USD1.14▲ 0.03% GBP/USD1.33▼ 0.38% SPX 7,408 ▼ 1.21% DJI 51,712 ▼ 0.97% NDX 28,455 ▼ 1.87% RUT 2,940 ▼ 0.67% TSX 35,193 ▼ 0.82% VIX 18.89 ▲ 1.02% USD/CAD1.41▼ 0.02% US10Y 4.7030 ▲ 0.99% IBOV 176,723.62 ▼ 0.46% IPSA 10,916.70 ▼ 0.84% IPC MEX 66,247.47 ▼ 1.56% MERVAL 3,319,522 — 0.00% COLCAP 2,283.28 ▼ 0.60% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▼ 0.03% USD/MXN 17.48 ▼ 0.24% USD/CLP 944.79 ▼ 0.12% USD/COP 3,197 ▼ 0.58% USD/PEN 3.40 ▲ 0.11% USD/ARS 1,488 ▼ 0.05% USD/UYU 40.14 ▲ 1.38% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 58.04 ▼ 0.19% USD/CRC 451.03 ▲ 2.19% USD/GTQ 7.62 ▲ 2.30% USD/HNL 26.74 ▲ 0.80% USD/NIO 36.62 ▲ 0.26% USD/VES 740.37 ▲ 0.46% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.37% USD/TTD 6.73 ▲ 1.17% EUR/BRL 5.78 ▲ 0.11% BRENT 91.78 ▼ 8.85% WTI 89.52 ▼ 2.90% IRON ORE 161.91 — — COPPER 6.36 ▲ 0.86% GOLD 4,059 ▲ 0.31% SILVER 58.73 ▲ 1.60% SOY 1,244 ▲ 0.48% CORN 484.75 ▲ 4.47% WHEAT 689.00 ▼ 1.04% COFFEE 311.55 ▲ 0.69% SUGAR 14.58 ▼ 0.75% ORANGE JUICE 145.50 ▼ 3.19% COTTON 80.44 ▲ 0.75% COCOA 5,313 ▲ 0.23% BEEF 221.48 ▼ 0.77% CATTLE 340.13 ▼ 0.31% LITHIUM 69.02 ▲ 0.03% PETR4 42.95 ▲ 0.87% VALE3 75.68 ▲ 0.77% ITUB4 42.56 ▼ 0.79% BBDC4 18.72 ▼ 1.32% ABEV3 15.92 ▼ 1.30% BBAS3 20.93 ▼ 0.76% B3SA3 15.65 ▼ 1.57% WEGE3 45.67 ▼ 2.29% PRIO3 60.54 ▲ 1.29% SUZB3 42.43 ▼ 0.54% RENT3 37.14 — 0.00% AZZA3 17.05 ▼ 4.27% CSAN3 3.90 ▼ 0.51% RAIZ4 0.27 — 0.00% PCAR3 2.87 ▲ 4.36% GMAT3 3.87 ▼ 1.02% PSSA3 55.18 ▼ 0.49% CVCB3 1.31 ▲ 3.15% POSI3 3.67 ▼ 0.81% SLCE3 13.77 ▼ 1.36% NATU3 8.56 ▼ 1.38% BRKM5 6.17 ▲ 1.65% RANI3 7.93 ▼ 0.88% CSNA3 5.30 ▼ 1.49% CMIN3 5.83 ▼ 0.17% USIM5 8.49 ▼ 1.85% GGBR4 24.06 — 0.00% ENEV3 25.70 ▼ 1.04% CPFE3 46.22 ▼ 1.05% CMIG4 11.19 ▼ 0.18% EQTL3 39.02 ▼ 0.84% LREN3 13.37 ▼ 1.26% VIVT3 34.70 ▼ 1.92% RAIL3 13.96 ▲ 2.35% KLABIN 17.66 ▼ 1.51% RAIA DROGASIL 18.19 ▼ 0.55% RDOR3 33.67 ▼ 2.38% HAPV3 10.47 ▼ 8.08% FLRY3 16.58 ▼ 0.42% SMTO3 15.71 ▼ 2.12% UGPA3 33.39 ▲ 1.71% VBBR3 35.60 ▲ 1.77% BBSE3 42.40 ▼ 0.42% BPAC11 56.30 ▼ 1.26% CURY3 29.62 ▼ 1.92% AERI3 2.02 ▼ 1.46% VIVARA 21.45 ▼ 0.46% COMPASS 25.08 ▲ 1.09% VAMOS 3.21 ▼ 0.62% SANB11 26.63 ▼ 1.19% ASAI3 8.02 ▼ 4.52% SBSP3 29.00 ▼ 0.99% WALMEX 47.27 ▼ 2.84% GMEXICO 208.35 ▼ 3.10% FEMSA 222.31 ▼ 2.38% CEMEX 21.48 ▼ 3.11% GFNORTE 189.00 ▼ 1.37% BIMBO 59.08 ▼ 2.02% TELEVISA 9.79 ▼ 0.31% AMX 22.84 ▲ 0.66% GAP 375.37 ▼ 0.36% ASUR 269.84 ▼ 1.35% OMA 227.18 ▼ 0.66% KOF 179.34 ▼ 1.81% GRUMA 268.11 ▼ 4.40% KIMBER 39.20 ▲ 0.98% SQM-B 65,499 ▲ 0.68% COPEC 6,260 ▼ 4.43% BSANTANDER 80.00 ▲ 0.19% FALABELLA 6,058 ▲ 0.26% ENELAM 85.00 ▲ 0.56% CENCOSUD 1,968 ▼ 2.08% CMPC 1,051 ▼ 1.78% BANCO CHILE 190.72 ▼ 1.44% LATAM AIR 23.50 ▼ 2.45% YPF 82,475 ▼ 0.03% GGAL 7,945 ▼ 3.99% PAMPA 5,630 ▲ 0.09% TXAR 679.00 ▲ 1.65% ALUAR 982.50 ▲ 0.87% TGS 9,995 ▲ 0.91% CEPU 2,420 ▲ 0.37% MIRGOR 16,725 ▼ 1.18% COME 42.53 ▼ 1.41% LOMA NEGRA 3,778 ▼ 0.85% BYMA 292.50 ▼ 1.02% TELECOM ARG 4,325 ▼ 2.15% ECOPETROL 16.33 ▼ 2.16% BANCOLOMBIA 86.79 ▲ 2.52% GRUPO AVAL 4.93 ▼ 2.18% CREDICORP 387.63 ▼ 1.53% SOUTHERN COPPER 182.22 ▼ 6.78% BUENAVENTURA 31.32 ▼ 2.40% MERCADOLIBRE 1,799 ▼ 0.03% NUBANK 14.19 ▼ 2.21% XP 16.83 ▼ 2.72% PAGSEGURO 9.46 ▼ 2.17% STONE 10.98 ▼ 3.35% GLOBANT 30.61 ▼ 0.20% TECNOGLASS 43.75 ▼ 3.26% GAP AIRPORT 215.45 ▼ 0.96% ASUR 269.84 ▼ 1.35% OMA AIRPORT 104.14 ▼ 1.15% AMX ADR 25.95 ▼ 0.65% FEMSA ADR 127.08 ▼ 2.93% CEMEX ADR 12.26 ▼ 3.62% PETROBRAS ADR 19.00 ▲ 0.58% VALE ADR 14.83 ▼ 0.13% ITAU ADR 8.35 ▼ 1.53% SANTANDER BR 5.36 ▼ 1.74% AMBEV ADR 3.09 ▼ 1.47% CSN 1.06 ▼ 2.75% GERDAU 4.77 — 0.00% LATAM ADR 49.79 ▼ 2.87% BTC 65,027 ▼ 0.03% ETH 1,883 ▲ 0.34% SOL 75.16 ▼ 0.92% XRP 1.10 ▼ 0.31% BNB 566.08 ▼ 0.15% ADA 0.17 ▼ 1.20% DOGE 0.07 ▲ 0.47% AVAX 6.25 ▼ 0.19% LINK 8.45 ▼ 0.20% DOT 0.80 ▼ 1.51% LTC 46.35 ▼ 1.23% BCH 210.16 ▼ 0.91% TRX 0.33 ▲ 0.79% XLM 0.18 ▲ 0.16% HBAR 0.07 ▼ 0.94% NEAR 1.88 ▼ 0.08% ATOM 1.39 ▼ 1.98% AAVE 95.66 ▲ 0.65% SELIC 14.25% EMBRAER 83.40 ▼ 0.47% EMBRAER ADR 65.47 ▼ 0.88% JBS 12.13 ▼ 0.98% JBS BDR 61.82 ▲ 0.03% MBRF3 15.59 ▼ 2.74% MBRFY 3.09 ▼ 3.13% INTER 5.46 ▼ 4.04% EGX 53,932 ▼ 0.11% USD/ZAR 16.85 ▲ 0.20% USD/NGN 1,366 — 0.00% NIKKEI 64,611 ▼ 2.73% CSI300 4,649 ▼ 1.67% HSI 24,963 ▼ 0.98% NIFTY 23,767 ▼ 0.43% KOSPI 6,691 ▼ 5.72% JCI 6,196 ▼ 1.88% USD/JPY 163.82 ▲ 0.03% USD/CNY 6.7610 ▼ 0.08% DAX 24,934 ▲ 0.69% CAC 8,325 ▲ 0.31% FTSE 10,657 ▲ 0.17% MIB 51,630 ▲ 0.61% IBEX 19,434 ▲ 0.86% STOXX 641.42 ▲ 0.34% EUR/USD 1.1378 ▼ 0.04% GBP/USD 1.3324 ▲ 0.06% SPX 7,408 ▼ 1.21% DJI 51,712 ▼ 0.97% NDX 28,455 ▼ 1.87% RUT 2,940 ▼ 0.67% TSX 35,193 ▼ 0.82% VIX 18.89 ▲ 1.02% USD/CAD 1.4088 ▲ 0.06% US10Y 4.7030 ▲ 0.99%
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Friday, July 24, 2026

Crypto Middle East

Expanded BRICS Shows Islamic Shift, Criticizes Israel, Omits Mention of Hamas

By · October 24, 2024 · 2 min read

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The recent BRICS summit in Kazan, Russia, marks a notable development in global power structures. The bloc’s expansion now includes eleven nations.

The addition of countries such as Iran, Egypt, and the United Arab Emirates has increased the representation of Muslim-majority states within BRICS. Saudi Arabia is also expected to join soon, further diversifying the group’s composition.

This expansion has introduced new dynamics into BRICS, which originally balanced Western-aligned democracies with Eastern powers.

At the summit, BRICS members, many of them authoritarian nations, issued a declaration condemning Israeli military actions in Gaza and Lebanon, calling for an immediate cessation of operations and unrestricted humanitarian aid.

The document deliberately excluded any reference to Hamas, the instigator of the conflict, as well as Hezbollah, financed by Iran.

Expanded BRICS Shows Islamic Shift, Criticizes Israel, Omits Mention of Hamas
Expanded BRICS Shows Islamic Shift, Criticizes Israel, Omits Mention of Hamas. (Photo Internet reproduction)
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The summit’s outcomes also reflected a cautious approach to other global issues. For instance, while the declaration referenced previous UN discussions on Russia’s invasion of Ukraine, it did not take a definitive stance.

This reflects BRICS’ historical tendency to prioritize the interests of its members, such as Russia, which is often described as a ‘non-interventionist approach.’ Economically, the expanded BRICS now holds significant influence over global oil reserves and trade routes.

Evolving Dynamics and Geopolitical Influence of BRICS

The financial power brought by new members through sovereign wealth funds and petroleum revenues presents a challenge. This shift threatens traditional Western financial dominance.

Culturally, the bloc’s decision-making processes may increasingly reflect diverse values, including those from Islamic and Eastern traditions. This shift suggests potential changes in how BRICS positions itself on various international issues.

BRICS expressed concern about Palestinian civilian casualties and infrastructure damage, supporting South Africa’s case against Israel at the International Court of Justice. However, it did not address Hamas’ actions or the ongoing hostage situation.

Additionally, the summit condemned Israeli strikes on Iranian targets in Syria and Lebanon but did not mention Iran’s missile attacks on Israel or its support for regional militant groups.

These developments within BRICS indicate an evolving role in global affairs, potentially challenging Western-led international order. The bloc’s growing membership and economic clout may influence diplomatic and economic relationships in the coming years.

Overall, the summit underscores BRICS’ transition from an economic partnership to a more prominent geopolitical entity.

Its selective criticism and diverse membership highlight shifting global power dynamics that could reshape international relations.

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