IBOV 171,818 ▼ 0.12% IPSA 10,840 ▲ 0.72% IPC MEX 67,330 ▲ 0.54% MERVAL 3,124,571 ▼ 1.39% COLCAP 2,259.36 ▼ 0.43% BVL PERÚ 55,499.93 — 0.00% USD/BRL5.21▲ 0.92% USD/MXN17.55▲ 0.34% USD/CLP925.31▲ 0.20% USD/COP3,367▼ 2.20% USD/PEN3.42▼ 0.07% USD/ARS1,489▲ 0.34% USD/UYU40.12▲ 1.19% USD/PYG6,052▲ 1.44% USD/BOB6.85▲ 1.65% USD/DOP59.27▲ 1.03% USD/CRC451.40▲ 2.46% USD/GTQ7.62▲ 2.45% USD/HNL26.70▲ 0.51% USD/NIO36.62▲ 0.89% USD/VES631.78▲ 7.69% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.19▲ 0.37% USD/TTD6.73▲ 1.09% EUR/BRL5.93▲ 0.20% BRENT 71.30 ▼ 2.22% WTI 68.21 ▼ 1.86% IRON ORE 161.91 — — COPPER 6.17 ▼ 0.35% GOLD 4,070 ▲ 1.17% SILVER 60.14 ▲ 1.11% SOY 1,150 ▲ 2.93% CORN 443.00 ▲ 7.33% WHEAT 601.00 ▲ 3.49% COFFEE 314.60 ▲ 1.09% SUGAR 14.96 ▲ 4.32% ORANGE JUICE 171.85 ▼ 0.52% COTTON 77.98 ▲ 7.98% COCOA 5,076 ▲ 1.48% BEEF 241.88 ▼ 6.32% CATTLE 364.20 ▼ 0.11% LITHIUM 78.17 ▼ 0.14% PETR4 37.68 ▼ 0.32% VALE3 78.21 ▲ 0.42% ITUB4 42.44 ▲ 0.62% BBDC4 18.14 ▲ 0.33% ABEV3 16.26 ▼ 0.18% BBAS3 19.74 ▼ 0.85% B3SA3 14.46 ▼ 0.48% WEGE3 46.37 ▼ 1.15% PRIO3 52.47 ▲ 0.61% SUZB3 40.68 ▲ 2.34% RENT3 41.09 ▼ 1.08% AZZA3 17.16 ▼ 4.03% CSAN3 3.65 ▼ 1.35% RAIZ4 0.39 ▲ 2.63% PCAR3 2.29 ▼ 0.87% GMAT3 3.59 ▼ 2.18% PSSA3 52.91 ▼ 0.02% CVCB3 1.36 — 0.00% POSI3 4.05 ▼ 1.22% SLCE3 12.67 ▼ 1.78% NATU3 8.64 ▼ 1.03% BRKM5 6.09 ▼ 4.25% RANI3 7.94 ▲ 1.28% CSNA3 4.59 ▼ 0.65% CMIN3 4.16 ▼ 0.48% USIM5 8.66 ▲ 2.49% GGBR4 21.01 ▲ 1.11% ENEV3 26.40 ▼ 1.20% NEOE3 33.80 — 0.00% CPFE3 44.24 ▼ 1.21% CMIG4 10.79 ▼ 0.74% EQTL3 38.68 ▼ 0.67% LREN3 14.88 ▲ 0.81% VIVT3 33.87 ▼ 0.24% RAIL3 13.15 ▼ 2.08% KLABIN 16.93 ▲ 1.14% RAIA DROGASIL 16.70 ▼ 0.65% RDOR3 35.12 ▲ 1.18% HAPV3 10.47 ▲ 2.55% FLRY3 15.48 ▲ 0.52% SMTO3 15.82 ▲ 0.76% UGPA3 26.01 ▼ 0.19% VBBR3 29.61 ▼ 0.94% BBSE3 38.31 ▼ 2.20% BPAC11 54.17 ▲ 0.15% CURY3 34.80 ▼ 0.74% AERI3 2.04 ▲ 0.99% VIVARA 22.65 ▼ 1.01% COMPASS 24.63 ▲ 1.44% VAMOS 2.73 ▼ 2.85% SANB11 26.77 ▼ 0.11% ASAI3 8.67 ▼ 0.80% SBSP3 29.71 ▲ 0.24% WALMEX 51.21 ▼ 0.31% GMEXICO 197.00 ▼ 0.63% FEMSA 223.80 ▲ 0.38% CEMEX 21.42 ▲ 2.00% GFNORTE 190.03 ▲ 2.96% BIMBO 56.36 ▼ 1.38% TELEVISA 9.56 ▼ 0.10% AMX 22.48 ▼ 0.75% GAP 446.76 ▲ 1.02% ASUR 308.30 ▲ 0.52% OMA 246.54 ▼ 0.44% KOF 185.50 ▲ 0.33% GRUMA 280.07 ▼ 0.31% KIMBER 38.46 ▲ 0.73% SQM-B 68,932 ▲ 0.70% COPEC 5,784 ▲ 0.57% BSANTANDER 75.44 ▼ 0.08% FALABELLA 5,755 ▼ 0.02% ENELAM 82.13 ▼ 0.57% CENCOSUD 2,107 ▼ 1.09% CMPC 1,029 ▲ 0.29% BANCO CHILE 180.12 ▼ 0.21% LATAM AIR 26.39 ▼ 1.57% YPF 70,150 ▼ 1.37% GGAL 7,665 ▼ 1.60% PAMPA 5,065 ▼ 1.07% TXAR 659.00 ▼ 0.53% ALUAR 979.50 ▼ 0.15% TGS 9,020 ▼ 2.49% CEPU 2,274 ▼ 1.43% MIRGOR 16,300 ▲ 0.46% COME 41.35 ▼ 1.36% LOMA NEGRA 3,545 ▼ 1.73% BYMA 304.00 ▼ 1.94% TELECOM ARG 3,980 ▼ 1.61% ECOPETROL 14.52 ▲ 1.97% BANCOLOMBIA 78.51 ▼ 1.16% GRUPO AVAL 5.15 ▲ 2.41% CREDICORP 390.19 ▲ 0.16% SOUTHERN COPPER 170.56 ▼ 2.12% BUENAVENTURA 29.21 ▼ 0.27% MERCADOLIBRE 1,744 ▲ 2.76% NUBANK 13.45 ▲ 0.64% XP 16.21 ▼ 0.34% PAGSEGURO 9.07 ▲ 0.17% STONE 11.09 ▲ 2.26% GLOBANT 31.67 ▲ 9.43% TECNOGLASS 47.51 ▲ 1.48% GAP AIRPORT 254.21 ▲ 0.41% ASUR 308.30 ▲ 0.52% OMA AIRPORT 112.47 ▼ 0.55% AMX ADR 25.54 ▼ 1.73% FEMSA ADR 127.84 ▼ 0.05% CEMEX ADR 12.16 ▲ 1.29% PETROBRAS ADR 15.95 ▼ 1.33% VALE ADR 14.98 ▼ 0.43% ITAU ADR 8.13 ▼ 0.49% SANTANDER BR 5.21 ▼ 0.86% AMBEV ADR 3.10 ▼ 1.27% CSN 0.90 ▼ 1.64% GERDAU 4.05 ▲ 0.12% LATAM ADR 57.27 ▼ 1.72% BTC 60,149 ▲ 2.72% ETH 1,618 ▲ 3.08% SOL 77.25 ▲ 5.07% XRP 1.06 ▲ 2.20% BNB 551.35 ▲ 1.04% ADA 0.15 ▲ 5.99% DOGE 0.07 ▲ 1.15% AVAX 6.68 ▲ 2.35% LINK 7.37 ▲ 2.51% DOT 0.83 ▲ 1.51% LTC 42.40 ▲ 1.25% BCH 213.24 ▲ 6.89% TRX 0.32 ▲ 0.74% XLM 0.20 ▲ 5.38% HBAR 0.07 ▲ 3.55% NEAR 1.83 ▲ 2.78% ATOM 1.55 ▲ 2.41% AAVE 85.34 ▲ 0.39% SELIC 14.25% EMBRAER 82.19 ▲ 0.42% EMBRAER ADR 63.42 ▼ 0.60% JBS 11.98 ▲ 1.05% JBS BDR 62.28 ▲ 2.35% MBRF3 18.27 ▲ 1.33% MBRFY 3.51 ▲ 1.15% INTER 5.49 ▲ 1.01% EGX 50,533 ▲ 0.09% USD/ZAR16.40▲ 0.04% USD/NGN1,373▼ 0.55% NIKKEI 70,475 ▲ 0.59% CSI300 4,959 ▼ 0.41% HSI 22,881 ▼ 0.63% NIFTY 24,006 ▲ 0.59% KOSPI 8,303 ▼ 2.04% JCI 5,695 ▲ 0.92% USD/JPY162.52▼ 0.03% USD/CNY6.78▼ 0.05% DAX 25,040 ▲ 0.18% CAC 8,337 ▼ 0.79% FTSE 10,478 ▼ 0.18% MIB 51,605 ▼ 0.15% IBEX 19,407 ▼ 0.34% STOXX 639.31 ▼ 0.38% EUR/USD1.14▼ 0.34% GBP/USD1.33▲ 0.21% SPX 7,498 ▼ 0.02% DJI 52,346 ▲ 0.05% NDX 29,930 ▼ 1.14% RUT 3,025 ▲ 0.03% TSX 34,857 ▲ 0.10% VIX 16.28 ▼ 1.03% USD/CAD1.42▲ 0.11% US10Y 4.4750 ▲ 1.29% IBOV 171,818 ▼ 0.12% IPSA 10,840 ▲ 0.72% IPC MEX 67,330 ▲ 0.54% MERVAL 3,124,571 ▼ 1.39% COLCAP 2,259.36 ▼ 0.43% BVL PERÚ 55,499.93 — 0.00% USD/BRL 5.21 ▲ 0.92% USD/MXN 17.55 ▲ 0.34% USD/CLP 925.31 ▲ 0.20% USD/COP 3,367 ▼ 2.20% USD/PEN 3.42 ▼ 0.07% USD/ARS 1,489 ▲ 0.34% USD/UYU 40.12 ▲ 1.19% USD/PYG 6,052 ▲ 1.44% USD/BOB 6.85 ▲ 1.65% USD/DOP 59.27 ▲ 1.03% USD/CRC 451.40 ▲ 2.46% USD/GTQ 7.62 ▲ 2.45% USD/HNL 26.70 ▲ 0.51% USD/NIO 36.62 ▲ 0.89% USD/VES 631.78 ▲ 7.69% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.19 ▲ 0.37% USD/TTD 6.73 ▲ 1.09% EUR/BRL 5.93 ▲ 0.20% BRENT 71.30 ▼ 2.22% WTI 68.21 ▼ 1.86% IRON ORE 161.91 — — COPPER 6.17 ▼ 0.35% GOLD 4,070 ▲ 1.17% SILVER 60.14 ▲ 1.11% SOY 1,150 ▲ 2.93% CORN 443.00 ▲ 7.33% WHEAT 601.00 ▲ 3.49% COFFEE 314.60 ▲ 1.09% SUGAR 14.96 ▲ 4.32% ORANGE JUICE 171.85 ▼ 0.52% COTTON 77.98 ▲ 7.98% COCOA 5,076 ▲ 1.48% BEEF 241.88 ▼ 6.32% CATTLE 364.20 ▼ 0.11% LITHIUM 78.17 ▼ 0.14% PETR4 37.68 ▼ 0.32% VALE3 78.21 ▲ 0.42% ITUB4 42.44 ▲ 0.62% BBDC4 18.14 ▲ 0.33% ABEV3 16.26 ▼ 0.18% BBAS3 19.74 ▼ 0.85% B3SA3 14.46 ▼ 0.48% WEGE3 46.37 ▼ 1.15% PRIO3 52.47 ▲ 0.61% SUZB3 40.68 ▲ 2.34% RENT3 41.09 ▼ 1.08% AZZA3 17.16 ▼ 4.03% CSAN3 3.65 ▼ 1.35% RAIZ4 0.39 ▲ 2.63% PCAR3 2.29 ▼ 0.87% GMAT3 3.59 ▼ 2.18% PSSA3 52.91 ▼ 0.02% CVCB3 1.36 — 0.00% POSI3 4.05 ▼ 1.22% SLCE3 12.67 ▼ 1.78% NATU3 8.64 ▼ 1.03% BRKM5 6.09 ▼ 4.25% RANI3 7.94 ▲ 1.28% CSNA3 4.59 ▼ 0.65% CMIN3 4.16 ▼ 0.48% USIM5 8.66 ▲ 2.49% GGBR4 21.01 ▲ 1.11% ENEV3 26.40 ▼ 1.20% NEOE3 33.80 — 0.00% CPFE3 44.24 ▼ 1.21% CMIG4 10.79 ▼ 0.74% EQTL3 38.68 ▼ 0.67% LREN3 14.88 ▲ 0.81% VIVT3 33.87 ▼ 0.24% RAIL3 13.15 ▼ 2.08% KLABIN 16.93 ▲ 1.14% RAIA DROGASIL 16.70 ▼ 0.65% RDOR3 35.12 ▲ 1.18% HAPV3 10.47 ▲ 2.55% FLRY3 15.48 ▲ 0.52% SMTO3 15.82 ▲ 0.76% UGPA3 26.01 ▼ 0.19% VBBR3 29.61 ▼ 0.94% BBSE3 38.31 ▼ 2.20% BPAC11 54.17 ▲ 0.15% CURY3 34.80 ▼ 0.74% AERI3 2.04 ▲ 0.99% VIVARA 22.65 ▼ 1.01% COMPASS 24.63 ▲ 1.44% VAMOS 2.73 ▼ 2.85% SANB11 26.77 ▼ 0.11% ASAI3 8.67 ▼ 0.80% SBSP3 29.71 ▲ 0.24% WALMEX 51.21 ▼ 0.31% GMEXICO 197.00 ▼ 0.63% FEMSA 223.80 ▲ 0.38% CEMEX 21.42 ▲ 2.00% GFNORTE 190.03 ▲ 2.96% BIMBO 56.36 ▼ 1.38% TELEVISA 9.56 ▼ 0.10% AMX 22.48 ▼ 0.75% GAP 446.76 ▲ 1.02% ASUR 308.30 ▲ 0.52% OMA 246.54 ▼ 0.44% KOF 185.50 ▲ 0.33% GRUMA 280.07 ▼ 0.31% KIMBER 38.46 ▲ 0.73% SQM-B 68,932 ▲ 0.70% COPEC 5,784 ▲ 0.57% BSANTANDER 75.44 ▼ 0.08% FALABELLA 5,755 ▼ 0.02% ENELAM 82.13 ▼ 0.57% CENCOSUD 2,107 ▼ 1.09% CMPC 1,029 ▲ 0.29% BANCO CHILE 180.12 ▼ 0.21% LATAM AIR 26.39 ▼ 1.57% YPF 70,150 ▼ 1.37% GGAL 7,665 ▼ 1.60% PAMPA 5,065 ▼ 1.07% TXAR 659.00 ▼ 0.53% ALUAR 979.50 ▼ 0.15% TGS 9,020 ▼ 2.49% CEPU 2,274 ▼ 1.43% MIRGOR 16,300 ▲ 0.46% COME 41.35 ▼ 1.36% LOMA NEGRA 3,545 ▼ 1.73% BYMA 304.00 ▼ 1.94% TELECOM ARG 3,980 ▼ 1.61% ECOPETROL 14.52 ▲ 1.97% BANCOLOMBIA 78.51 ▼ 1.16% GRUPO AVAL 5.15 ▲ 2.41% CREDICORP 390.19 ▲ 0.16% SOUTHERN COPPER 170.56 ▼ 2.12% BUENAVENTURA 29.21 ▼ 0.27% MERCADOLIBRE 1,744 ▲ 2.76% NUBANK 13.45 ▲ 0.64% XP 16.21 ▼ 0.34% PAGSEGURO 9.07 ▲ 0.17% STONE 11.09 ▲ 2.26% GLOBANT 31.67 ▲ 9.43% TECNOGLASS 47.51 ▲ 1.48% GAP AIRPORT 254.21 ▲ 0.41% ASUR 308.30 ▲ 0.52% OMA AIRPORT 112.47 ▼ 0.55% AMX ADR 25.54 ▼ 1.73% FEMSA ADR 127.84 ▼ 0.05% CEMEX ADR 12.16 ▲ 1.29% PETROBRAS ADR 15.95 ▼ 1.33% VALE ADR 14.98 ▼ 0.43% ITAU ADR 8.13 ▼ 0.49% SANTANDER BR 5.21 ▼ 0.86% AMBEV ADR 3.10 ▼ 1.27% CSN 0.90 ▼ 1.64% GERDAU 4.05 ▲ 0.12% LATAM ADR 57.27 ▼ 1.72% BTC 60,149 ▲ 2.72% ETH 1,618 ▲ 3.08% SOL 77.25 ▲ 5.07% XRP 1.06 ▲ 2.20% BNB 551.35 ▲ 1.04% ADA 0.15 ▲ 5.99% DOGE 0.07 ▲ 1.15% AVAX 6.68 ▲ 2.35% LINK 7.37 ▲ 2.51% DOT 0.83 ▲ 1.51% LTC 42.40 ▲ 1.25% BCH 213.24 ▲ 6.89% TRX 0.32 ▲ 0.74% XLM 0.20 ▲ 5.38% HBAR 0.07 ▲ 3.55% NEAR 1.83 ▲ 2.78% ATOM 1.55 ▲ 2.41% AAVE 85.34 ▲ 0.39% SELIC 14.25% EMBRAER 82.19 ▲ 0.42% EMBRAER ADR 63.42 ▼ 0.60% JBS 11.98 ▲ 1.05% JBS BDR 62.28 ▲ 2.35% MBRF3 18.27 ▲ 1.33% MBRFY 3.51 ▲ 1.15% INTER 5.49 ▲ 1.01% EGX 50,533 ▲ 0.09% USD/ZAR 16.41 ▲ 0.23% USD/NGN 1,373 ▼ 0.39% NIKKEI 70,475 ▲ 0.59% CSI300 4,959 ▼ 0.41% HSI 22,881 ▼ 0.63% NIFTY 24,006 ▲ 0.59% KOSPI 8,303 ▼ 2.04% JCI 5,695 ▲ 0.92% USD/JPY 162.52 ▼ 0.02% USD/CNY 6.7820 ▲ 0.05% DAX 25,040 ▲ 0.18% CAC 8,337 ▼ 0.79% FTSE 10,478 ▼ 0.18% MIB 51,605 ▼ 0.15% IBEX 19,407 ▼ 0.34% STOXX 639.31 ▼ 0.38% EUR/USD 1.1383 ▼ 0.38% GBP/USD 1.3282 ▲ 0.14% SPX 7,498 ▼ 0.02% DJI 52,346 ▲ 0.05% NDX 29,930 ▼ 1.14% RUT 3,025 ▲ 0.03% TSX 34,857 ▲ 0.10% VIX 16.28 ▼ 1.03% USD/CAD 1.4212 ▲ 0.13% US10Y 4.4750 ▲ 1.29%
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Brazil BRICS Expansion News

Rio BRICS Summit Falters as Key Leaders Stay Away, Exposing Weakness in Brazil’s Leadership

By · June 28, 2025 · 2 min read

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The 2025 BRICS summit in Rio de Janeiro is facing serious trouble. Many of the most important leaders, including China’s President Xi Jinping and Russia’s President Vladimir Putin, will not attend.

Egypt’s President Abdel Fattah al-Sisi has also canceled his trip because of growing problems in the Middle East. These absences come from official government statements.

China will send its prime minister, Li Qiang, instead of President Xi. Russia will only join by video, with Foreign Minister Sergey Lavrov leading the Russian team in person.

Egypt’s leader decided not to travel at the last minute, citing safety concerns due to conflict in the region.

Turkey and Mexico, who were invited as special guests, will also send lower-level officials instead of their presidents.

These changes show that many countries do not see this year’s BRICS meeting as a top priority.

The BRICS group, which started with Brazil, Russia, India, China, and South Africa, recently added more countries like Egypt, the United Arab Emirates, Ethiopia, Iran, and Saudi Arabia.

Rio BRICS Summit Falters as Key Leaders Stay Away, Exposing Weakness in Brazil’s Leadership
Rio BRICS Summit Falters as Key Leaders Stay Away, Exposing Weakness in Brazil’s Leadership
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However, the group has no formal treaty, no fixed budget, and no permanent headquarters. This makes it hard for them to agree on important decisions, especially as the group gets bigger.

Brazil’s government hoped the Rio summit would show the world that BRICS could lead on big issues like trade, health, and climate change. Instead, the lack of top leaders makes the meeting look weak.

Rio BRICS Summit Falters as Key Leaders Stay Away, Exposing Weakness in Brazil’s Leadership

Some experts say that Brazil’s president, Luiz Inácio Lula da Silva, has not been able to get full respect from other BRICS members this year.

At the same time, the United States, led by Donald Trump, is getting more attention on the world stage. This puts even more pressure on BRICS, which once wanted to be a strong alternative to Western power.

BRICS Leaders Clash Over U.S. Tariffs and Security Council Bids in Rio

Now, with its biggest members sending lower-level officials or skipping the meeting entirely, the group’s influence looks much smaller.

The main story is clear: the BRICS summit in Rio is struggling. The absence of key leaders, disagreements within the group, and growing global competition are making it hard for BRICS to stay important.

This summit was supposed to be a big moment for Brazil and for the group. Instead, it is showing how divided and uncertain BRICS has become.

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