Policy desk
Article cluster
Four angles plus the bank that outlives a summit photo. Each note is qualitative where the public record is qualitative.
Summits and outcomes
How chairships sequence decisions from Johannesburg 2023 through the 2026 New Delhi summit.
Trade and payments
Local-currency talk, payment experiments, and the gap between communiqué language and a launched currency.
Security cooperation
Why BRICS can issue joint statements without becoming a military alliance.
Energy and commodities
Producer–consumer politics, chokepoints, and why this is not an OPEC-style desk.
New Development Bank
The Fortaleza-era institution that still does the grouping’s most concrete financial work.