The statement, which was adopted at the conclusion of the BRICS summit 2025 in Rio de Janeiro, denounced the attacks.

Financial coercion gives U.S. policymakers a powerful, low-cost lever, but each time the dollar is weaponized, it also incentivizes foreign actors to consider de-dollarization.

The 11 emerging nations -- including Brazil, Russia, India, China and South Africa represent about half the worlds population ...