Xi Jinping and Vladimir Putin Boycott BRICS Summit in Rio

Absence of Key Leaders: The BRICS summit in Rio will be notably impacted by the absence of Xi Jinping and Vladimir Putin, marking a significant diplomatic shift as both leaders withdraw for different reasons, weakening the group's unity and influence.

Impact on Economic Ambitions: Their withdrawals could hinder the BRICS' economic goals, particularly the initiative for a common currency aimed at reducing reliance on the US dollar, raising concerns about the bloc's ability to make substantial progress in its strategic projects.