International
Lula defends opening peace negotiations in the war in Ukraine during a summit with Russia
Brazilian President Luiz Inácio Lula da Silva defended “avoiding an escalation and starting peace negotiations” in the war in Ukraine during his participation, by videoconference, in the BRICS summit, which holds its plenary session this Wednesday in the Russian city of Kazan.
Luiz Inácio Lula da Silva also said that “the time has come to move forward” in the creation of an alternative payment system that allows emerging countries not to use the dollar in their exchanges.
“Avoiding an escalation and starting peace negotiations is also crucial in the conflict between Ukraine and Russia,” Lula said in the final words of his speech.
Middle East and Ukraine, at the summit
The Brazilian ruler, who together with his Chinese counterpart, Xi Jinping, promotes a peace initiative that Ukraine has already rejected, made that brief reference to the conflict on European soil after talking about the war that Israel is fighting against the Palestinian armed group Hamas and the Lebanese Hezbula.
“When we face two wars with the potential to become global, it is essential to rescue our ability to work together for common objectives,” stressed the Brazilian leader.
Lula canceled his trip to Russia on medical recommendation, after suffering a fall on Saturday at his residence, which caused a small cut on the back of his neck that required five stitches.
Xi Jinping asks for de-escalation
Chinese President Xi Jinping called for an early de-escalation in Ukraine and the cessation of hostilities in the Gaza Strip and Lebanon.
“It is necessary to contribute to a prompt de-escalation in Ukraine (…) and achieve a cessation of hostilities and murders in Gaza and Lebanon as soon as possible,” Xi said during his speech at the summit.
Jinping held a meeting in the Russian city of Kazan with Indian Prime Minister Narendra Modi, in which he asked that China and India “resolve their conflicts and differences,” in the first formal meeting that both have in four years.
Xi indicated that both China and India “are ancient civilizations, large developing countries and important members of the Global South,” according to a statement published by the Chinese state network CCTV.
Iranian president calls for a ceasefire in Palestine and Lebanon
For his part, the President of Iran, Masud Pezeshkian, “demanded” “an immediate and permanent ceasefire in Palestine and Lebanon,” on the first occasion that an Iranian president participates in a plenary session of the BRICS summit.
In addition, the Iranian president called for “the complete withdrawal of the troops of the occupying regime (Israel) from the occupied areas and immediate aid to the population of Gaza and to the displaced in Lebanon.”
Condemns Israeli bombing of Lebanon
The countries of the BRICS group condemned in the final declaration of the Kazan summit the Israeli bombings against the territory of Lebanon and against humanitarian centers in the Gaza Strip.
“We condemn the death of civilians and the enormous damage caused to civilian infrastructure as a result of Israeli attacks on civilian areas in Lebanon,” says the document released at the end of the meeting of the nine members of the BRICS in the Russian city of Kazan, a text that also condemns the Israeli attacks against centers, activities and humanitarian personnel in Gaza.
The BRICS call for an “immediate” end to hostilities in both Gaza and Lebanon.
“We highlight the need to preserve the sovereignty and territorial integrity of Lebanon and create conditions for a political-diplomatic solution in order to maintain peace and stability in the Middle East,” the text says.
The joint statement warns that “a further escalation of the conflict in the Gaza Strip threatens with increased tensions, extremism and extremely harmful consequences at the regional and global level.”
The BRICS summit
The Kazan summit is the first to be held by the emerging economies group after its expansion from five to nine members last January.
“Now, in a limited format, we propose to consider the most relevant aspects of the global agenda, to exchange views on the issue of cooperation between the BRICS States at the international level, including the resolution of acute regional conflicts,” said Russian President Vladimir Putin, at the opening of the meeting.
Once the meeting is concluded in a small format, the BRICS countries – Brazil, Russia, India, China, South Africa, Iran, Egypt, the United Arab Emirates and Ethiopia – will sit down at a table with representatives of about twenty States invited to the event, including Turkey, Bolivia, Venezuela and Nicaragua.
At the end of the summit, BRICS leaders will approve a joint statement on a number of global issues, including conflict in Ukraine.
What is the BRICS group
The BRICS group, founded in 2006 and held its first summit in 2009, integrates countries with a third of the world economy and more than 40% of the population.
Analysts point out that with this summit Putin tries to show the world that Russia is not as isolated as the West intends, while paving the way for the forging of a new world majority that challenges the hegemony of the United States.
Putin and Maduro will meet today on the sidelines of the summit
Vladimir Putin will also meet with his Venezuelan counterpart, Nicolás Maduro, who arrived this Tuesday in the Russian city of Kazan to participate in the XVI Summit of the BRICS emerging economy group to which the country intends to join, the Kremlin reported.
The Kremlin’s advisor for International Affairs, Yuri Ushakov, added that Putin and Maduro will talk about “bilateral affairs and cooperation within the framework of the BRICS.”
International
Putin warns of escalation, suggests strikes on western weapon suppliers
Russian President Vladimir Putin declared that the conflict in Ukraine is taking on the characteristics of a “global war,” warning that Russia might target Western nations supplying Ukraine with weapons used in attacks on Russian territory.
These remarks come after a day of heightened tensions, during which Russia launched a state-of-the-art medium-range missile designed to carry a nuclear warhead. However, this particular missile was loaded with conventional explosives.
Ukrainian President Volodymyr Zelensky condemned the missile strike, calling it the action of a “deranged neighbor” using Ukraine as a “military testing ground.”
Earlier, Ukraine accused Russia of attacking the central-eastern city of Dnipro with a missile exhibiting “all the characteristics” of an intercontinental missile, an unprecedented development in the ongoing conflict.
International
IMF: Spain’s economy remains resilient despite devastating floods
The International Monetary Fund (IMF) stated on Thursday that the devastating floods in eastern Spain on October 29 will have a “limited impact” on the country’s economic growth.
“Our assessment is that the economic impact was quite localized, and damage to key infrastructure, such as transportation and industry, has been relatively limited,” said IMF spokesperson Julie Kozack during a press briefing in Washington.
Kozack added that preliminary evaluations suggest the overall effect on Spain’s economic growth “would be limited,” though no specific figures were provided.
In its latest forecast on October 23, the IMF projected Spain’s economy to grow by 2.9% this year, one of the highest rates in the European Union. The organization will update its data in January and is expected to confirm Spain’s “relatively solid” growth, according to Kozack.
However, on Wednesday, Bank of Spain Governor José Luis Escrivá estimated that the floods, which claimed 228 lives and caused immense damage—especially in the Valencia region—could trim 0.2 percentage points off Spain’s GDP growth in the fourth quarter.
Escrivá’s estimate draws on comparisons with Hurricane Katrina, which devastated New Orleans in 2005, and the fact that the affected areas represent “approximately 2% of the Spanish economy.”
The Spanish government has forecasted a 2.7% growth rate for 2023.
International
Lebanon reports deadly airstrikes: 40 killed in Bekaa, 12 in southern regions
The Lebanese Ministry of Health announced that 52 people were killed on Thursday due to Israeli airstrikes, with 40 of the fatalities occurring in the Bekaa Valley in the east and 12 more in the south.
“The enemy’s bombings in Baalbek district resulted in 40 deaths and 52 injuries,” the ministry stated, detailing casualty figures across 10 localities.
In two additional reports, the ministry noted “seven deaths and 24 injuries” in the Nabatieh region and “five deaths and 26 injuries” in other areas of southern Lebanon.
Hezbollah opened a front against Israel in solidarity with Hamas following the outbreak of the war in Gaza on October 7, 2023. The conflict began after Hamas launched an attack on Israeli territory.
Putin warns of escalation, suggests strikes on western weapon suppliers
IMF: Spain’s economy remains resilient despite devastating floods
Lebanon reports deadly airstrikes: 40 killed in Bekaa, 12 in southern regions
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