Leaders of growing BRICS group gather for Rio summitNew Foto - Leaders of growing BRICS group gather for Rio summit

By Lisandra Paraguassu RIO DE JANEIRO -Leaders of the growing BRICS group of developing nations were set to gather in Rio de Janeiro on Sunday, calling for reform of traditional Western institutions while presenting the bloc as a defender of multilateralism in an increasingly fractured world. With forums such as the G7 and G20 groups of major economies hamstrung by divisions and the disruptive "America First" approach of U.S. President Donald Trump, expansion of the BRICS has opened new space for diplomatic coordination. "In the face of the resurgence of protectionism, it is up to emerging nations to defend the multilateral trade regime and reform the international financial architecture," Brazilian President Luiz Inacio Lula da Silva told a BRICS business forum on Saturday. BRICS nations now represent over half the world's population and 40% of its economic output, Lula noted. The BRICS group gathered leaders from Brazil, Russia, India and China at its first summit in 2009. The bloc later added South Africa and last year included Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia and the United Arab Emirates as full members. This is the first leaders' summit to include Indonesia. "The vacuum left by others ends up being filled almost instantly by the BRICS," said a Brazilian diplomat who asked not to be named. Although the G7 still concentrates vast power, the source added, "it doesn't have the predominance it once did." However, there are questions about the shared goals of an increasingly heterogenous BRICS group, which has grown to include regional rivals along with major emerging economies. Stealing some thunder from this year's summit, Chinese President Xi Jinping chose to send his prime minister in his place. Russian President Vladimir Putin is attending online due to an arrest warrant from the International Criminal Court. Still, many heads of state will gather for discussions at Rio's Museum of Modern Art on Sunday and Monday, including Indian Prime Minister Narendra Modi and South African President Cyril Ramaphosa. Over 30 nations have expressed interest in participating in the BRICS, either as full members or partners. GROWING CLOUT, COMPLEXITY Brazil, which also hosts the United Nations climate summit in November, has seized on both gatherings to highlight how seriously developing nations are tackling climate change, while Trump has slammed the brakes on U.S. climate initiatives. Both China and the UAE signaled in meetings with Brazilian Finance Minister Fernando Haddad in Rio that they plan to invest in a proposed Tropical Forests Forever Facility, according to two sources with knowledge of the discussions about funding conservation of endangered forests around the world. Expansion of the BRICS has added diplomatic weight to the gathering, which aspires to speak for developing nations across the Global South, strengthening calls for reforming global institutions such as the United Nations Security Council and the International Monetary Fund. The growth of the bloc has also increased the challenges to reaching consensus on contentious geopolitical issues. Ahead of the summit, negotiators struggled to find shared language for a joint statement about the bombardment of Gaza, the Israel-Iran conflict and a proposed reform of the Security Council, said two of the sources, who requested anonymity to speak openly. To overcome differences among African nations regarding the continent's proposed representative to a reformed Security Council, the group agreed to endorse seats for Brazil and India while leaving open which country should represent Africa's interests, a person familiar with the talks told Reuters. The BRICS will also continue their thinly veiled criticism of Trump's U.S. tariff policy. At an April ministerial meeting, the bloc expressed concern about "unjustified unilateral protectionist measures, including the indiscriminate increase of reciprocal tariffs." (Reporting by Lisandra Paraguassu in Rio de Janeiro; Writing by Manuela Andreoni; Editing by Brad Haynes and David Gregorio)

Leaders of growing BRICS group gather for Rio summit

Leaders of growing BRICS group gather for Rio summit By Lisandra Paraguassu RIO DE JANEIRO -Leaders of the growing BRICS group of developing...
Trump to Texas: 'Our Secretary of Homeland Security, Kristi Noem, will be there shortly'New Foto - Trump to Texas: 'Our Secretary of Homeland Security, Kristi Noem, will be there shortly'

WASHINGTON --President Donald Trumpsaid July 5 that his administration is working with Texas state and local officials in response tothe fatal flash floodingthat has killed at least 27 people in the state, with potentially dozens of young campers and others still missing. "Our Secretary of Homeland Security,Kristi Noem,will be there shortly," Trump said in apost on his Truth Social platformSaturday. "Melania and I are praying for all of the families impacted by this horrible tragedy." The death toll continued to rise afterflooding rains rapidly overwhelmed the Guadalupe River in Texason Friday. That prompted a frantic and ongoing rescue effort that continued into Saturday, including a search for 27 missing from Camp Mystic, a Christian girls camp at the river's edge in central Texas' Kerr County. "Our Brave First Responders are on site doing what they do best," Trump said. "GOD BLESS THE FAMILIES, AND GOD BLESS TEXAS!" At least 18 adults and nine children have been confirmed dead in the flooding that began Wednesday, including some who have not been identified, Kerr County Sheriff Larry Leitha said at a Saturday morning news conference. More:At least 27 dead in Texas flooding; over two dozen campers missing from Camp Mystic Authorities have recovered 850 uninjured people and eight injured people as well, said Leitha, who stressed those numbers could rise. "We are working hard to locate anyone who is still missing and to ensure they're safe," Leitha said. Vice PresidentJD Vancealso said Saturdaythat "our nation's heart breaks for the victims in Texas and their families. ... I hope everyone affected knows they're in the prayers of my family, and of millions of Americans." This article originally appeared on USA TODAY:Trump tells flooded Texas DHS help is on the way as search continues

Trump to Texas: 'Our Secretary of Homeland Security, Kristi Noem, will be there shortly'

Trump to Texas: 'Our Secretary of Homeland Security, Kristi Noem, will be there shortly' WASHINGTON --President Donald Trumpsaid Jul...
NBA Summer League: Ace Bailey posts 8 points in debut, while No. 3 pick V.J. Edgecombe drops 28 and dunk of the nightNew Foto - NBA Summer League: Ace Bailey posts 8 points in debut, while No. 3 pick V.J. Edgecombe drops 28 and dunk of the night

The first day of NBA Summer League action culminated in a matchup between two top-5 picks in Utah: V.J. Edgecombe and the Philadelphia 76ers vs. Ace Bailey and the Utah Jazz. Only one of them posted a star-level performance. That was Edgecombe, the No. 3 pick of the 2025 NBA Draft. A high-motor, high-athleticism wing, Edgecombe looked like the best player on a floor full of guys who saw NBA action last season, posting 28 points, 10 rebounds and four assists. Two of those points came on the dunk of the night, in which Edgecombe showed the kind of bounce you can't teach: CLEAR THE RUNWAY FOR VJ EDGECOMBE ✈️🤯The No. 3 overall pick for the@sixersis showing off his skills on ESPN!pic.twitter.com/c0dGlNEptB — NBA (@NBA)July 6, 2025 It was the Jazz who won 93-89, though. Bailey finished the game with eight points on 3-of-13 shooting and seven rebounds. Until a week or so before the draft, many expected the Sixers to take Bailey, seen as one of the highest-ceiling prospects in the class, but they ended up taking Edgecombe. They might have always preferred Edgecombe, or Bailey might have helped them make a decision afterdeclining to work out for them. Regardless, Edgecombe made it look like the right decision for at least one night. The Sixers went to the Baylor product throughout the night and were frequently rewarded. defense into offense. 🙌pic.twitter.com/QnuMfr83bg — Philadelphia 76ers (@sixers)July 6, 2025 Meanwhile, Bailey entered the game with more attention around him than your usual No. 5 pick, thanks to his own camp's actions. He made headlines when hereportedly became the only U.S.-based draft prospect to decline to work out for any teams before the draft, with the apparent goal of landing with a certain team early in the first round. That team was reportedly not the Jazz,who took the risk of picking him fifth. After some post-draft awkwardness,Bailey reported to his new teamanddenied he ever had a problem starting his NBA career in Utah. Finally playing basketball again on Saturday, Bailey at least had his moments: ACE BAILEY SAYS NO 😮‍💨(via@NBA)pic.twitter.com/UAR06x9to7 — Yahoo Sports (@YahooSports)July 6, 2025 Among the other NBA rookies getting their first action were the stars of two Final Four teams. Johni Broome, formerly of Auburn, had a solid night with 13 points and five rebounds after the Sixers took him in the second round. Florida's Walter Clayton Jr., the Final Four's most outstanding player and the draft's No. 18 pick, came off the bench for the Jazz and had nine points, six assists and three rebounds. Walter Clayton Jr. with the TOUGH LAY for 2!First#NBASummerbucket for the No. 18 pick 👏pic.twitter.com/ODvDNbZgkM — NBA (@NBA)July 6, 2025 Kyle Filipowski, a second-round pick last year, led the Jazz with 22 points.

NBA Summer League: Ace Bailey posts 8 points in debut, while No. 3 pick V.J. Edgecombe drops 28 and dunk of the night

NBA Summer League: Ace Bailey posts 8 points in debut, while No. 3 pick V.J. Edgecombe drops 28 and dunk of the night The first day of NBA S...
Rockets trading Cam Whitmore to Wizards for two 2nd-round picks: ReportNew Foto - Rockets trading Cam Whitmore to Wizards for two 2nd-round picks: Report

TheHouston Rocketsare trading forwardCam Whitmoreto theWashington Wizardsfor two second-round picks,ESPN's Shams Charania reports. The second-rounders are for 2026 and 2029,according to The Athletic's Josh Robbins. Whitmore, who will turn 21 on July 8, was a 2023 first-round pick (No. 20 overall) by the Rockets out of Villanova. He was Houston's second first-round selection that year, followingAmen Thompson. Last season, Whitmore averaged 9.4 points and three rebounds per game, shooting 36% on 183 3-point attempts. Those numbers were down from his rookie season, when he scored 12.3 points and 3.8 rebounds per game, also shooting 36% on 220 3-point shots. Yet Whitmore averaged 49 games in his two seasons with the Rockets, also playing in the G League to get minutes and develop. In 24 games with the Rio Grande Valley Vipers, he scored 23 points with 6.3 rebounds per game, while shooting 40% on 3-pointers. With the Rockets' roster overhaul, Whitmore didn't project to get more playing time and develop further as an NBA prospect.Houston added Kevin Durantin a blockbuster deal that could eventuallyinvolve seven teamsand add center Clint Capela. The team alsosigned Dorian Finney-Smith, while agreeing to contract extensionswith Steven Adamsand 2022 first-round pickJabari Smith. Meanwhile, the Wizards are continuing their rebuild after finishing last in the Eastern Conference with an 18-64 record. The team added guard Tre Johnson and 7-footer Alex Sarr with their past two first-round draft picks, which could be the basis of a young core with Whitmore, Bub Carrington and Bilal Coulibaly. Washington alsotraded Jordan Pooleto theNew Orleans Pelicansfor CJ McCollum and Kelly Olynyk, who could provide some veteran leadership with Khris Middleton and Marcus Smart. McCollum and Olynyk could also create salary cap space with their expiring contracts for a possible impact move during the 2026 offseason.

Rockets trading Cam Whitmore to Wizards for two 2nd-round picks: Report

Rockets trading Cam Whitmore to Wizards for two 2nd-round picks: Report TheHouston Rocketsare trading forwardCam Whitmoreto theWashington Wi...
Musk says he is forming new political party after fallout with TrumpNew Foto - Musk says he is forming new political party after fallout with Trump

Billionaire Elon Musk said Saturday he is forming a third political party, after a dramatic falling out with Donald Trump, indicating he will makegood on threats he madeif the president's domestic policy bill became law. "When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy," Trump's former "first buddy" said on his social media platform, X. "Today, the America Party is formed to give you back your freedom." Musk, the largest individual donor to Trump's 2024 presidential campaign and,until recently, a close adviser to the president who spearheaded his administration's push to cut government waste, had criticized Trump's "big beautiful bill" because of estimates that it would add trillions of dollars to the federal deficit. Musk's criticism of the bill was the catalyst for a major falling out between the two men last month. That feud seemingly cooled after Musk expressed regret and deleted the most incendiary social media posts he made about Trump, but it reignited in the last several days as the bill neared passage. Trump signedthe bill into lawon Friday. It's unclear to what extent Musk has taken steps to legally form the party, which would be required to register with the Federal Election Commission. The most recent FEC filings showed no indication that has happened. The world's richest man has indicated he wants a party that is fiscally conservative and reins in spending but has offered few other details about what the party's platform would be. Musk and Trump hold similar views on contemporary social issues. But Musk has argued the Republican policy agenda will increase the debt, calling it "debt slavery." The two-party system in the United Stateshas long been criticizedby both registered Democrats and registered Republicans, but efforts in the last century to form a third party have shown little success. Billionaire Ross Perot ran for president as an independent in 1992, winning nearly a fifth of the popular vote, but carried no states in the election, which was won by Bill Clinton. AsCNN previously reported, experts in campaign finance and political science say it is financially and legally difficult to create a new party, and voters and candidates are hesitant to join. Musk said in other posts to social media this week that his party would become an active political force during next year's midterm elections and that it would initially focus on supporting candidates in just a handful of House and Senate races. Trump, in turn, has made his own threats against the man who at one point was his most visible adviser. The presidentsaid earlier this weekthe government may reconsider its massive contracts with Musk's companies and described the Department of Government Efficiency, which the billionaire previously helmed, as a monster that may "go back and eat Elon." CNN's Hadas Gold contributed to this report. For more CNN news and newsletters create an account atCNN.com

Musk says he is forming new political party after fallout with Trump

Musk says he is forming new political party after fallout with Trump Billionaire Elon Musk said Saturday he is forming a third political par...

 

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