IBOV 178,521.37 ▲ 1.08% IPC MEX 69,470.99 ▼ 0.58% MERVAL 2,848,945 — — USD/BRL5.32▼ 1.75% USD/MXN18.65▲ 0.45% USD/CLP986.15▼ 0.30% USD/COP3,139▲ 2.73% USD/PEN3.45▲ 0.12% USD/ARS1,539▼ 0.11% USD/UYU40.21▲ 3.57% USD/PYG5,803▲ 3.78% USD/BOB11.97▲ 4.93% USD/DOP59.85▲ 0.67% USD/CRC451.24▲ 2.13% USD/GTQ7.64▲ 3.23% USD/HNL26.87▲ 3.37% USD/NIO36.62▲ 2.81% USD/VES885.08▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.63% USD/TTD6.71▲ 2.07% EUR/BRL5.93▲ 7.08% BRENT 110.82 ▼ 4.31% WTI 101.69 ▼ 0.07% IRON ORE 161.91 — — COPPER 6.61 ▲ 1.54% GOLD 4,047 ▲ 0.22% SILVER 54.04 ▼ 0.13% SOY 1,256 ▲ 1.17% CORN 453.50 ▼ 0.33% WHEAT 613.50 ▼ 0.41% COFFEE 293.15 ▼ 2.59% SUGAR 19.09 ▼ 0.05% ORANGE JUICE 148.25 ▲ 9.17% COTTON 78.95 ▼ 0.14% COCOA 5,548 ▲ 1.06% BEEF 230.10 ▲ 0.05% CATTLE 347.58 ▼ 0.66% LITHIUM 62.05 ▲ 1.27% PETR4 53.22 ▼ 1.22% VALE3 62.85 ▼ 2.38% ITUB4 41.45 ▼ 0.60% BBDC4 16.02 ▲ 0.44% ABEV3 15.46 ▲ 0.59% BBAS3 18.02 ▲ 3.15% B3SA3 15.54 ▲ 3.12% WEGE3 45.95 ▲ 3.19% PRIO3 69.98 ▼ 1.63% SUZB3 46.88 ▼ 1.10% RENT3 31.93 ▲ 0.82% AZZA3 17.11 ▲ 3.51% CSAN3 2.87 ▲ 3.61% RAIZ4 0.35 ▲ 2.94% PCAR3 2.29 ▼ 0.43% GMAT3 3.72 ▲ 1.64% PSSA3 47.97 ▼ 0.44% CVCB3 0.99 ▲ 1.02% POSI3 3.69 ▲ 2.79% SLCE3 17.51 ▲ 0.34% NATU3 5.86 ▼ 0.85% BRKM5 3.34 ▲ 5.03% RANI3 7.43 ▲ 0.68% CSNA3 5.03 ▲ 0.40% IBOV 178,521.37 ▲ 1.08% IPC MEX 69,470.99 ▼ 0.58% MERVAL 2,848,945 — — USD/BRL 5.32 ▼ 1.75% USD/MXN 18.65 ▲ 0.45% USD/CLP 986.15 ▼ 0.30% USD/COP 3,139 ▲ 2.73% USD/PEN 3.45 ▲ 0.12% USD/ARS 1,539 ▼ 0.11% USD/UYU 40.21 ▲ 3.57% USD/PYG 5,803 ▲ 3.78% USD/BOB 11.97 ▲ 4.93% USD/DOP 59.85 ▲ 0.67% USD/CRC 451.24 ▲ 2.13% USD/GTQ 7.64 ▲ 3.23% USD/HNL 26.87 ▲ 3.37% USD/NIO 36.62 ▲ 2.81% USD/VES 885.08 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.63% USD/TTD 6.71 ▲ 2.07% EUR/BRL 5.93 ▲ 7.08% BRENT 110.82 ▼ 4.31% WTI 101.69 ▼ 0.07% IRON ORE 161.91 — — COPPER 6.61 ▲ 1.54% GOLD 4,047 ▲ 0.22% SILVER 54.04 ▼ 0.13% SOY 1,256 ▲ 1.17% CORN 453.50 ▼ 0.33% WHEAT 613.50 ▼ 0.41% COFFEE 293.15 ▼ 2.59% SUGAR 19.09 ▼ 0.05% ORANGE JUICE 148.25 ▲ 9.17% COTTON 78.95 ▼ 0.14% COCOA 5,548 ▲ 1.06% BEEF 230.10 ▲ 0.05% CATTLE 347.58 ▼ 0.66% LITHIUM 62.05 ▲ 1.27% PETR4 53.22 ▼ 1.22% VALE3 62.85 ▼ 2.38% ITUB4 41.45 ▼ 0.60% BBDC4 16.02 ▲ 0.44% ABEV3 15.46 ▲ 0.59% BBAS3 18.02 ▲ 3.15% B3SA3 15.54 ▲ 3.12% WEGE3 45.95 ▲ 3.19% PRIO3 69.98 ▼ 1.63% SUZB3 46.88 ▼ 1.10% RENT3 31.93 ▲ 0.82% AZZA3 17.11 ▲ 3.51% CSAN3 2.87 ▲ 3.61% RAIZ4 0.35 ▲ 2.94% PCAR3 2.29 ▼ 0.43% GMAT3 3.72 ▲ 1.64% PSSA3 47.97 ▼ 0.44% CVCB3 0.99 ▲ 1.02% POSI3 3.69 ▲ 2.79% SLCE3 17.51 ▲ 0.34% NATU3 5.86 ▼ 0.85% BRKM5 3.34 ▲ 5.03% RANI3 7.43 ▲ 0.68% CSNA3 5.03 ▲ 0.40%
since 2009
Tuesday, October 27, 2026

World-News BRICS Expansion News

Putin Will Skip BRICS Summit in Brazil Because of ICC Arrest Warrant

By · June 25, 2025 · 2 min read

Russian President Vladimir Putin will not attend the BRICS summit in Brazil on July 6-7, 2025. Instead, he will join the meeting by video. This decision comes because the International Criminal Court (ICC) issued an arrest warrant against him in March 2023.

The ICC accuses Putin of war crimes related to the forced removal of Ukrainian children during the conflict that began in 2022. Russia denies these accusations and does not accept the ICC’s authority since it never agreed to the court’s rules.

Brazil, as a member of the ICC, must arrest anyone the court wants if they enter the country. This means Putin risks being detained if he travels to Brazil.

The Brazilian government did not give clear guarantees that Putin would be safe, so the Kremlin decided he should not go in person. Putin also skipped the 2023 BRICS summit in South Africa, another ICC member country, for the same reason.

However, he did visit Mongolia, which is also part of the ICC, in 2024 without being arrested, showing that enforcement of the warrant is not consistent.

Putin Will Skip BRICS Summit in Brazil Because of ICC Arrest Warrant
Putin Will Skip BRICS Summit in Brazil Because of ICC Arrest Warrant.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

BRICS is a group of major emerging economies including Brazil, Russia, India, China, and South Africa. It recently added new members like Egypt and Saudi Arabia. The group works to increase economic cooperation and offer an alternative to Western-led organizations.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Brazil stocks plunge 13.9% in one day after Lula win”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

Putin often uses BRICS to push back against Western influence, but the ICC warrant limits his ability to meet face-to-face with leaders from countries that follow the ICC’s rules.

Russia has never accepted the ICC’s power. It signed but never ratified the court’s founding treaty and withdrew its signature in 2016. The Kremlin says the ICC’s decisions do not apply to Russia.

Still, the warrant affects Putin’s travel options and his ability to participate fully in international meetings. This situation shows how international law can influence global politics and business.

Brazil must balance its legal duties with its diplomatic ties to Russia. For Russia, the warrant restricts Putin’s direct involvement in important talks, which could weaken Russia’s role in BRICS and other global forums.

The case highlights how legal actions can shape international relations and economic cooperation, even among powerful countries.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.